Second-Floor Office
New
For Lease
$650/Mo
118 North Division Street Unit 204, Salisbury, MD 21801
A compact office suite offers a downtown setting within walking distance of businesses, shops, and restaurants.
Space Size525 SF
Days on Market2
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 118 North Division Street Unit 204
General Information
Standard status
Active
Size
525 SF
Net Rentable
525 SF
Class
A
Property subtype
Office - General Office
Lease Type
Gross
Space & Availability
Available Space
525 SF
Contiguous Space
525 SF
Floor
2
Space Use
Office
Sublease
No
Lease Terms
Total Rate
$650
Monthly Rent
$650
Rent per SF/Year
$14.86
Building Details
Building Size
525 SF
Spaces For Lease
at 118 North Division Street Unit 204
204
Immediate
Size
525 SF
Type
General Office
Lease Type
Modified Gross
Sublease
No
Renewal Option
Yes
Listing Agency:
NAI Coastal
Listed By:
George Merritt · License ##0681070
(410) 543-5115
Source:
Commercialcafe
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:56AM
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
Investment Insights
Based on property information with market context.
This second-floor office unit contains 525 SF and is located at 118 North Division Street, Unit 204, in Salisbury, Maryland. The space is offered on a gross lease basis.
Downtown businesses, retail shops, and restaurants are within walking distance. Route 50 W provides a nearby approach, with North Division Street leading to the building.
Downtown businesses, retail shops, and restaurants are within walking distance. Route 50 W provides a nearby approach, with North Division Street leading to the building.
Key Highlights
- 525 SF of second‑floor office space
- Downtown Salisbury address at 118 North Division Street, Unit 204
- Walking distance to downtown businesses, retail, and restaurants
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,970
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Salisbury, MD
$10.57 /SF/Yr
Avg Asking Price
$1.38–$25 /SF/Yr
Price Range
11,753 SF
Avg Space Size
This space is priced 41% above the average of $10.57 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - A compact office suite offers a downtown setting within walking distance of businesses, shops, and restaurants.
Where is this office units located?
The property is located at 118 North Division Street Unit 204 Salisbury, MD.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 525 SF of second‑floor office space; Downtown Salisbury address at 118 North Division Street, Unit 204; Walking distance to downtown businesses, retail, and restaurants
