Medical Office Suite with Multiple
For Sale
$450,000
1324 BELMONT Avenue, Salisbury, MD 21804
Commercial Sale - SALISBURY, MD
Lot Size0.05 Acres
Days on Market109
Property Features for 1324 BELMONT Avenue
General Information
Property type
Other
Property subtype
Office
Parking
60
Parking features
Parking Lot
Elementary school district
WICOMICO COUNTY PUBLIC SCHOOLS
Middle school district
WICOMICO COUNTY PUBLIC SCHOOLS
High school district
WICOMICO COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9224
Building Details
Year built
2006
Number of units
1
Building materials
Brick
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Trent M Spicer-Davis · License #5021302
(410) 543-2440
Added: Apr 17
Changed: Jun 9
Last Checked: Aug 3 at 3:06AM
MLS# MDWC2022528
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully leased medical/professional office suite is located in a well-maintained East Park Professional Park. The space includes multiple private offices, a large conference room, and an open workspace designed for collaborative use. It is undergoing remodeling, and the layout provides three separate entrances/exits, supporting functional flow for staff and visitors.
The suite is within a professional park setting in Salisbury, Maryland. The property is positioned as part of a maintained office environment, with access and circulation supported by the multiple entry points included in the suite design.
As currently configured, the space is suited to medical or professional office users seeking a turnkey arrangement that can accommodate both private and shared work settings. For buyers evaluating an income-producing office investment, the suite is leased to Chesapeake Hearing Centers under a new five-year term, with rent commencing June 2026. This combination of in-place tenancy and an actively improved interior makes the offering practical for operators and investors looking for a ready-to-occupy office environment after remodeling is complete.
The suite is within a professional park setting in Salisbury, Maryland. The property is positioned as part of a maintained office environment, with access and circulation supported by the multiple entry points included in the suite design.
As currently configured, the space is suited to medical or professional office users seeking a turnkey arrangement that can accommodate both private and shared work settings. For buyers evaluating an income-producing office investment, the suite is leased to Chesapeake Hearing Centers under a new five-year term, with rent commencing June 2026. This combination of in-place tenancy and an actively improved interior makes the offering practical for operators and investors looking for a ready-to-occupy office environment after remodeling is complete.
Key Highlights
- Fully leased to Chesapeake Hearing Centers, a recognized regional provider
- New five‑year lease term commencing June 2026, providing stable income
- Attractive 7.34% Cap Rate
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 21804, MD
40,049
Population
16,736
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
68.6 sq mi
ZIP Area
584
Density / Sq Mi
$68,882
Median Household Income
$35,902
Median Earnings
$1,343
Median Rent
$230,200
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased medical/professional office suite in a maintained professional park, offering a flexible layout and three separate entry points.
Where is this medical office space located?
The property is located at 1324 BELMONT Avenue Salisbury, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully leased to Chesapeake Hearing Centers, a recognized regional provider; New five‑year lease term commencing June 2026, providing stable income; Attractive 7.34% Cap Rate
