1517 N Salisbury Boulevard, Salisbury, MD 21801

Building Details

Year Built

1940

Listing agent George Timothy Merritt

Listing office NAI Coastal

Listing date Nov 21, 2024

Source Deepcreeklake

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Overview

Virginia Square is a fully leased mixed-use complex serving the central Salisbury area. Anchors include Family Dollar, with a 25-year leasing history and a freshly authorized 5-year option, and Rent-a-Center, with 23 years in place and nearly two years remaining on its current term. The property is zoned Central Business District (CBD) and located in an Opportunity Zone.

The rear of the building features two 6,000+ sf warehouse units backed by a recently fenced and gated parking area. Each warehouse unit has three 14 ft roll-up doors and ceiling heights up to 18 feet. The building is fully sprinkled, and the overall complex provides parking for over 100 vehicles. Access is available from both Rt 13 North and Dover Street.

This configuration can support tenant and operator needs that balance retail anchor stability with warehouse functionality, including vehicle-friendly roll-up access and clear overhead clearance. Offered for sale with financials available upon request, the asset may fit investors seeking a leased mixed-use platform with on-site warehousing at the rear and established anchor tenancy.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Salisbury

County

Wicomico

State

Maryland

Longitude

-75.5852985

Latitude

38.3818911

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FAQs

What type of property is this?

Mixed-use property - Central Salisbury mixed-use complex with fully sprinkled rear warehouse bays, roll-up doors, and dual access from Rt 13 North and Dover Street.

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 $1,800,000.

What are key features of this property?

This property features: Prominent mixed‑use complex in central Salisbury, zoned Central Business District (CBD) and located in an Opportunity Zone; Two rear warehouse units totaling 6,000+ SF each with ceiling heights up to 18 feet; Warehouse bays feature three 14 ft roll‑up doors and are fully sprinkled