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    1516 S Salisbury Blvd, Unit B Salisbury, MD 21801

    For Lease
    $10 SF/Yr ($14,883 /Mo)

    CommercialLease - SALISBURY, MD

    Type:Retail
    Lot size:
    0.41 Acres
    Days on Market:
    208
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 1516 S Salisbury Blvd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    12
    Parking features
    Parking Lot
    Lot size
    0.41 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Number of units
    1
    Building materials
    Vinyl Siding

    SVN/Miller Commercial Real Estate (410) 543-2440 [email protected]

    Listing agent Christopher B. Messick (410) 543-2440 License #5012259

    Listing date May 20, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Route 13 Frontage Retail/Office Space

    This commercial space for lease fronts Route 13 and features a lobby/showroom, three private offices, a storage room, and one bathroom. It is one of two units in a freestanding 6,000 square foot property situated on 0.41 acres. The facade has been recently renovated. The property is in a highly visible location with traffic counts exceeding 28,000 vehicles per day. Its proximity to Salisbury University makes it an ideal location for businesses seeking a connection with the academic community. Currently, Telewire occupies the majority of the space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Telewire, Inc. Computer Support And Services Cabinet and Design Gallery Kitchen Remodeler

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.60931
    Latitude
    38.33603

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    FAQs

    What type of property is this?
    Retail space - Retail/Office space on Route 13 near Salisbury University.
    Where is this retail space located?
    The property is located at 1516 S Salisbury Blvd, Unit B Salisbury, MD.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Route 13 with over 28,000 vehicles per day.; - Recently renovated facade.; - Proximity to Salisbury University.
    (410) 543-2440
    Request Owner's contact information
    1516 S Salisbury Blvd, Unit B Salisbury, MD 21801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1516 S Salisbury Blvd, Unit B Salisbury, MD 21801
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