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Mixed-Use Property with Warehouse
New
For Sale
$1,090,000

111 OLIVE STREET, Salisbury, MD 21801

Renovated office areas accompany warehouse space with multiple overhead doors and a freight elevator.

Property Size33,416 SF
Days on Market2

Property Features for 111 OLIVE STREET

General Information

Standard status Active
Size 33,416 SF
Zoning COMMERCIAL INDUSTRIAL

Additional Details

Fenced Yard Yes
Dock-High Doors 2

Amenities

freight elevator
low voltage cable plant for telephone, data, CCTV, Wi-Fi, and Audio Video
Central Air
Other
Parking Lot

Building Details

Building Size 33,416 SF
Year Built 1968
Listing Agency: Rinnier Development Co
Listed By: Matthew Trader · License #631428
Source: Evrealestate
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 24 at 11:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Co

Investment Insights

Based on property information with market context.

This mixed-use property combines warehouse and office space, with renovated office areas and entryways, new windows throughout, and exterior improvements using Aztek. A freight elevator serves the building, and the overhead-door configuration includes five doors, with drive-in access and two dock-high doors. A fully fenced yard is also part of the property.

Low-voltage cabling is installed throughout the complex for telephone, data, CCTV, Wi-Fi, and audio-video systems. The sale includes 111 Olive St. and 108 Cherry St.

Key Highlights

  • Warehouse and office space with renovated office areas and entryways
  • Five overhead doors, including drive‑in access and 2 dock‑high doors
  • Freight elevator and fully fenced yard

Property Analytics

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Current Use

1-800 Radiator & A/C-Salisbury Auto Parts Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Pet Grooming Service Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Dock-high doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

Demographics for 21801, MD

31,183
Population
12,140
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
40.1 sq mi
ZIP Area
778
Density / Sq Mi
$67,140
Median Household Income
$36,290
Median Earnings
$1,058
Median Rent
$286,800
Median Home Value
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated office areas accompany warehouse space with multiple overhead doors and a freight elevator.
Where is this mixed-use property located?
The property is located at 111 OLIVE STREET Salisbury, MD.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Warehouse and office space with renovated office areas and entryways; Five overhead doors, including drive‑in access and 2 dock‑high doors; Freight elevator and fully fenced yard
More about this property
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