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Retail Space with Elevated Stage
For Lease
$1,900/Mo

1501 EDGEMORE Avenue, Salisbury, MD 21801

CommercialLease - SALISBURY, MD

Space SizeContact for details
Days on Market20

Property Features for 1501 EDGEMORE Avenue

General Information

Property type Other
Property subtype Retail
Parking 25
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

Utilities

Cooling system Heat Pump

Building Details

Year built 1974
Number of units 5
Building materials Brick
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Chris Peek · License #27688
Added: Jul 24 Last Checked: Aug 12 at 2:06PM
MLS# MDWC2023890

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 for-lease retail space totals 2,250 square feet and is comprised of two connected areas. The layout includes an office and administrative area, plus an open space featuring an elevated stage. There are two separate bathrooms within the suite.

The space is individually electrically metered, and the tenant pays electricity directly to Delmarva Power. Water and sewer are separately metered and billed quarterly by the city to the landlord, and the charges are passed through to the tenant when the bill is received.

Base rent is listed at $1,900 per month, with pass-throughs for tax, insurance, and common area estimated at approximately $695 per month, for an estimated total of $2,595 per month plus utilities.

Key Highlights

  • Brick commercial space built in 1974 with 2 connected areas totaling 2,250 sq ft
  • Heat pump cooling and parking lot on site
  • Includes an office/administrative area plus open space with an elevated stage

Property Analytics

Current Use

Daystar Unit 6 ... Barber Shop New Life Christian ... Church AAA Employment Agency ... Employment Agency Ria Money Transfer ... Bank Health and Wellness Clinical ... Medical Clinic

Suggested Use

Top Pick Law Firm Spa & Massage Center Pharmacy Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 6% Hotels & Casinos 4% Home Improvements & Furnishings 3%
PNC Bank Shops & Services
8,485 visits/mo 0.5 miles
AutoZone Shops & Services
4,644 visits/mo 0.3 miles
Family Dollar Shops & Services
3,979 visits/mo 0.0 miles
Pep Boys Auto Parts & Service Shops & Services
2,041 visits/mo 0.1 miles
Citgo Shops & Services
1,912 visits/mo 0.5 miles

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

$12.72 /SF/Yr
Avg Asking Price
$4.75–$22 /SF/Yr
Price Range
6,949 SF
Avg Space Size

This space is priced 20% below the average of $12.72 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two connected retail spaces include an office area, open floor with elevated stage, and two separate bathrooms.
Where is this retail space located?
The property is located at 1501 EDGEMORE Avenue Salisbury, MD.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: Brick commercial space built in 1974 with 2 connected areas totaling 2,250 sq ft; Heat pump cooling and parking lot on site; Includes an office/administrative area plus open space with an elevated stage
More about this property
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