Warehouse and Office Flex
For Sale
$1,090,000
111 OLIVE St, Salisbury, MD 21801
Industrial property with warehouse, office, and renovated spaces.
Property SizeContact for details
Lot Size1.04 Acres
Days on Market164
Property Features for 111 OLIVE St
General Information
Standard status
Active
Lot size
1.04 Acres
Property subtype
Industrial
Building Details
Year Built
1968
Listing Agency:
Rinnier Development Company
(410) 742-8151
Listed By:
Matthew Trader · License #631428
(410) 742-8151
Source:
Elliman
Added: Mar 11
Changed: Aug 10
Last Checked: Aug 20 at 8:02AM
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 Company
Investment Insights
Based on property information with market context.
This industrial property includes both warehouse and office spaces. The building has been upgraded with newly renovated office spaces and entry ways, brand new windows throughout, and extensive exterior renovations utilizing Aztek. It features five overhead doors, including drive-in and two dock-high doors, a freight elevator, and a fully fenced-in yard. A professionally installed low voltage cable plant is in place throughout the complex for telephone, data, CCTV, Wi-Fi, and audio-video. The property is suitable for an investor or owner-operator. The sale includes 111 Olive St. and 108 Cherry St.
Key Highlights
- Priced well below replacement cost at $30 PSF.
- Includes both warehouse and renovated office spaces.
- Features 5 overhead doors (drive‑in and dock high) and a freight elevator.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial property with warehouse, office, and renovated spaces.
Where is this flex space located?
The property is located at 111 OLIVE St 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: Priced well below replacement cost at $30 PSF.; Includes both warehouse and renovated office spaces.; Features **5 overhead doors** (drive‑in and dock high) and a freight elevator.
