Property Attributes
- MLS#MDWC2009718
- TypeContingent
- CountyWICOMICO
- CitySalisbury
- AreaWicomico Southeast
- Zip21804
- StyleRestaurant/Bar
- Year Built1985
- Taxes$ 1785
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4537
- Lot Size0.1 Acres
Data Source:
Bright MLS
Property Description
Location Location Location! This large 2 unit condo faces Mt Hermon Rd and backs up to Rt50, a major east/west transcontinental highway and the access from all points West to the MD & DE beaches. Currently operating as a restaurant, and with owners who would consider staying as employees for a new owner, these two units could be split and leased or owner occupied as office or retail instead. There is a huge parking lot recently sealed & striped with at least 75 parking spaces. Central in the City of Salisbury, any business would benefit from this easily accessed property. Call today for a private appointment to preview the property and see the endless possibilities it presents. Sale is for real estate and will include equipment only for a buyer who wants to continue as a restaurant.
Price History | |
---|---|
6/21/2023 | Listed $499,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | 90% Forced Air |
Cooling | Central A/C |
Utilities | Cable TV Available,Electric Available,Natural Gas Available,Phone Connected |
Possession | Settlement |
Zoning | COMMERCIAL |
Construction Materials | Masonry |
Exclusions | personal property and inventory including food |
Year Built | 1985 |
Unit Number | 945 & 947 |
Property SubType | Retail |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Restaurant/Bar |
Accessibility | Level Entry - Main |
County | WICOMICO |
New Construction | No |
Property Type | Commercial Sale |
Possible Use | Bar/Tavern/Lounge,Barber/Beauty,Church,Clothing,Commercial,Dry Cleaner,Financial,Food & Beverage,Food Market,Institutional,Investment,Laundromat,Medical/Dental,Mixed Use,Office,Printing,Professional |
Water Access Y/N | No |
Property Use | Owner User |
Status | ACTIVE UNDER CONTRACT |
Directions | Take Main Street east to Mount Hermon Rd and Goin Nuts Restaurant is the 2 end units in the Market Place East Condo complex |
ModificationTimestamp | 2024-05-23T15:49:13 |
City | SALISBURY |
Buyer Agent Compensation | 3 |
Disclosures | Encumbrances |
Zoning Description | retail/ office/ restaurant condo |
MLS Area | Wicomico Southeast (23-04) |
Lot Size Square Feet | 4537.00 |
Tax Assessed Value | 87900.0 |
Waterfront Y/N | No |
Street Name | MOUNT HERMON RD |
Tax Annual Amount | 1785.0 |
Property Condition | Very Good |
Price Per Sq Ft Total | 109.98 |
Acceptable Financing | Cash,Conventional,Exchange |
Historic Y/N | No |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 224 |
Standard Status | Active Under Contract |
Year Built Source | Estimated |
Legal Subdivision | MARKET PLACE EAST CONDO |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Hot Water | Natural Gas |
Heating Y/N | Yes |
Central Air Y/N | Yes |
Total Restrooms | 2 |
Exterior Features
Parking Features | Paved Parking |
---|---|
Lot Features | Road Frontage |
Water Source | Public |
Inclusions | All restaurant equipment,tables & chairs if Buyer is interested in a restaurant. If buyer is an office/retail user,seller will dispose of same. |
Total Parking Spaces | 75 |
Type of Parking | Parking Lot |
Water View Y/N | No |
Building Area Total | 4537.00 |
Lot Size Acres | 0.10 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Other Equipment | See Remarks |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Car Parking Spaces | 75 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool