1517 N SALISBURY BOULEVARD Salisbury, MD 21801
Prominent, fully leased mixed-use complex in central Salisbury.
Type:Commercial/Industrial
Lot size:
1.00 Acre- Added:
- Mar 12, 2026
- Days on Market:
- 23
- Last Refresh:
- Apr 2 at 1:11 am
Property Features for 1517 N SALISBURY BOULEVARD
General Information
- Standard status
- Active
- Lot size
- 1.00 Acre
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1940
Listing agent George Merritt License ##0681070
Listing office NAI Coastal (410) 543-5115
Listing date Mar 12, 2026
Source Exitrealty
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
Overview
Fully Leased Mixed-Use Complex
Virginia Square is a fully leased mixed-use complex serving the central Salisbury area. Anchor stores include Family Dollar, with a 25-year leasing history and a newly authorized 5-year option, and Rent-a-Center, with 23 years of tenancy and almost 2 years remaining on its current term. The property is zoned Central Business District (CBD) and is located in an Opportunity Zone. The rear of the building features two warehouse units exceeding 6000 square feet each, along with a recently fenced and gated parking area. The complex provides parking for over 100 vehicles and has access from both Rt 13 North and Dover Street. The warehouse units are equipped with three 14 ft roll-up doors and ceiling heights up to 18 feet. The building is fully sprinkled. The property is offered at a 7% CAP.
Location Intelligence
Current Use by Public Records
Shopping centers
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5853
- Latitude
- 38.3819
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Prominent, fully leased mixed-use complex in central Salisbury.
Where is this mixed-use property located?
The property is located at 1517 N SALISBURY BOULEVARD Salisbury, MD.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Fully leased mixed‑use complex with long‑term tenants Family Dollar and Rent‑a‑Center.; Located in an Opportunity Zone.; Zoned Central Business District (CBD).
