Property Attributes
- MLS#MDWC2000308
- TypeCommercial
- CountyWICOMICO
- CitySalisbury
- AreaWicomico Northeast
- Zip21801
- StyleMedical,Professional
- Year Built1900
- Taxes$ 44909
- Price$ 2,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage30000
- Lot Size10,019 SqFt
Data Source:
Bright MLS
Property Description
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 & federal leases. Recent upgrades include; New painted exterior faade, windows, & 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.
Price History | |
---|---|
7/7/2021 | Listed $3,250,000 |
10/20/2022 | 5% - $3,100,000 |
12/20/2022 | 10% - $2,800,000 |
12/28/2023 | 6% - $2,650,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Central,Forced Air,Heat Pump - Gas BackUp |
Cooling | Central A/C,Heat Pump(s) |
Utilities | Cable TV,Multiple Phone Lines |
Possession | Settlement |
Roof | Flat,Other |
Zoning | CBD |
Security Features | Fire Detection System,Smoke Detector,Sprinkler System - Indoor |
Construction Materials | Stucco,Brick,Mixed |
Year Built | 1900 |
Property SubType | Office |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Medical,Professional |
Accessibility | 2+ Access Exits,32 + wide Doors,48 + Halls,Elevator,Level Entry - Main,Low Pile Carpeting |
County | WICOMICO |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Rt 50 bypass to N Division Street. Right into Camden Street Parking lot |
ModificationTimestamp | 2024-01-11T12:13:17 |
City | SALISBURY |
Buyer Agent Compensation | 2.5 |
Disclosures | Historic Property,Encumbrances,Owner RE Licensee |
Total Units | 23 |
MLS Area | Wicomico Northeast (23-02) |
Lot Size Square Feet | 9944.00 |
Tax Assessed Value | 2211500.0 |
Waterfront Y/N | No |
Street Name | MAIN |
Tax Annual Amount | 44909.0 |
Property Condition | Very Good |
Price Per Sq Ft | 88.33 |
Vacation Rental Y/N | No |
Days on Market | 1030 |
Standard Status | Active |
Year Built Source | Assessor |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Electric,Natural Gas |
---|---|
Flooring | Hardwood,Ceramic Tile,Carpet,Laminated |
Hot Water | Electric |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | Yes |
Exterior Features
Parking Features | Attendant,Public,Unassigned,Lighted Parking |
---|---|
Water Source | Public |
Type of Parking | Public Garage,Parking Lot |
Water View Y/N | No |
Building Area Total | 30000.00 |
Lot Dimensions | 0.00 x 0.00 |
Lot Size Acres | 0.23 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
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