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116 W MAIN ST Salisbury, MD 21801 -- MLS# MDWC2000308 Real Estate

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116 W MAIN ST
Salisbury, MD 21801
FOR
SALE
$2,650,000
For Sale
0.23
Acres
1900
Yr. Built
MLS# MDWC2000308
Cumulative Days on Market: 510 (since October 6th, 2022) Data provided by the MLS.

Property Details

Income producing property in the heart of Downtown Salisbury. Prime location with 23 units at 100% occupancy in an opportunity zone. Home to many tenured tenants and both state and federal leases.Recent upgrades include; New painted exterior façade, windows, and overhang. Complete makeover of the main foyer with new paint, flooring, stairs, and exposed granite / brick feature wall. Multiple brand new HVAC systems. New epoxy concrete floor in first floor Barbershop unit. Class A 15’ wide common corridor via easement with the city for walkthrough access to both plaza building and Camden Street parking lot. Income / Expense Sheet and Leases are available with a signed NDA.

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Property Highlights

Status
For Sale
Price
$ 2,650,000
Property Type
Commercial Sale
Acres
0.23
Year Built
1900

Location

County
WICOMICO
Water View
No
Water Front
No

Heating, Cooling & Utilities

Heating
Central, Forced Air, Heat Pump - Gas BackUp
Cooling
Central A/C, Heat Pump(s)
Heating Fuel
Electric, Natural Gas
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Handicap
2+ Access Exits, Elevator, Level Entry - Main, Low Pile Carpeting

Building Details

Parking
Attendant, Public, Unassigned, Lighted Parking
New Construction
No
Exterior Construction
Stucco, Brick, Mixed
Exposure
Flat, Other

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$44,909
Ownership Interest
Fee Simple
Potential Short Sale
Standard
Listed by Keller Williams Realty.
Listing Data last updated 29th February, 2024 14:00
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 29-Feb-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

Yesterday
Property information last updated
63 days ago
Date of last price change
510 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 510. Data provided by the MLS.

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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information on this site was last updated 29th February, 2024 14:00. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of BRIGHT MLS. Real estate listings held by brokerage firms other than Holiday Real Estate Inc, may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing Data last updated: 29th February, 2024 14:00
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