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Third-Floor Office Unit
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118 N Division St unit 302, Salisbury, MD 21801

Compact office suite with controlled entry in a downtown commercial setting.

Space Size226 SF
Property Size7,728 SF
Days on Market60

Property Features for 118 N Division St unit 302

General Information

Standard status Active
Size 226 SF
Net Rentable 226 SF
Class C
Property subtype Office
Lease Type Gross

Space & Availability

Available Space 226 SF
Contiguous Space 226 SF
Floor 3
Space Use Office
Sublease No

Lease Terms

Lease Rate $350 /USD/MO
Total Rate $350
Monthly Rent $350
Rent per SF/Year $18.58

Building Details

Building Size 7,728 SF
Year Built 1923
Tenancy Single

Spaces For Lease

at 118 N Division St unit 302 Contact us

118 N Division Unit 302

Size
226 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: NAI Coastal - Salisbury
Listed By: George Merritt · License #MD 0681070
Source: Crexi
Added: Jul 6 Changed: Sep 2 Last Checked: Sep 2 at 12:59AM

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 NAI Coastal - Salisbury

Investment Insights

Based on property information with market context.

This third-floor office unit provides 226 square feet of workspace within a building constructed in 1923. Entry is managed through a secured door with coded access, offering controlled access for occupants and visitors.

The property is situated in downtown Salisbury, within walking distance of local businesses, retail shops, and restaurants. The space is offered under a gross lease structure and is suited to office users seeking a small, centrally positioned workspace.

Key Highlights

  • 226 SF of third‑floor office space
  • Secure entry controlled by access code
  • Downtown Salisbury location

Property Analytics

Current Use

DEVRECO Consultant Vision Lodging Solutions Advertising Agency RBR Homes Construction Company Lynette Catha REALTOR(R) ... Real Estate Agency mm wellness consulting Medical Certificate Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Carpet & Flooring Store Daycare Center Restaurant

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,970
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

Market

Lease Benchmarks for Salisbury, MD

$26.41 /SF/Yr
Avg Asking Price
$1.38–$290 /SF/Yr
Price Range
10,424 SF
Avg Space Size

This space is priced 30% below the average of $26.41 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Compact office suite with controlled entry in a downtown commercial setting.
Where is this office units located?
The property is located at 118 N Division St unit 302 Salisbury, MD.
What are key features of this property?
This property features: 226 SF of third‑floor office space; Secure entry controlled by access code; Downtown Salisbury location
(410) 543-5115 Call to check price and availability
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