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    116 Baptist St Salisbury, MD 21801

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    For Lease
    $650 /Mo ($15 SF/Yr)

    Office/retail space for lease in downtown Salisbury.

    Property size:
    500 SF
    Lot size:
    500 SF

    Property Features for 116 Baptist St

    General Information

    Size
    500 SF

    Source: Christian Phillips Agent Christian Phillips

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Salisbury Office/Retail Space

    Office and retail space is available for lease at a rate of $750 per month. The tenant is responsible for covering the costs of electricity, data, cable, and phone connections. The space features two offices and one bathroom. Two on-site parking spots are included at no additional cost. The property is located just off Main Street, at the corner of E Market Street and Baptist Street. It is within walking distance of the courthouse and other downtown Salisbury amenities. The availability date is February 1, 2024.
    Location Intelligence

    Current Use by Public Records

    Eastern Shore Freeze Candy Store Innovative State of Mind, ... Social Worker Mrs. Theresa Huffines Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.5985074
    Latitude
    38.3648849

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    FAQs

    What type of property is this?
    Office space - Office/retail space for lease in downtown Salisbury.
    Where is this office space located?
    The property is located at 116 Baptist St Salisbury, MD.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Salisbury Location: Walk to the courthouse and downtown amenities.; - Two Private On-Site Parking Spaces: A rare find in this area.; - Two Private Offices: Adaptable to your business requirements.
    (410) 430-4427
    Request Owner's contact information
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    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
    116 Baptist St Salisbury, MD 21801
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