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    Two-Story Office Building Title is generated by Realmo AI

    224 PHILLIP MORRIS Drive, Salisbury, MD 21804

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    For Sale
    $4,400,000

    Commercial Sale - SALISBURY, MD

    Type:Office
    Property size:
    40,017 SF
    Lot size:
    9.10 Acres
    Price / SF:
    $109/SF
    Added:
    May 30, 2025
    Days on Market:
    382
    Last Refresh:
    Jun 15 at 1:06 pm

    Property Features for 224 PHILLIP MORRIS Drive

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    204
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    9.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    50987

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1980
    Building materials
    Combination

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    Listing Contact
    Andrew Ball
    Andrew Ball

    Listing agent Andrew Ball License #36569

    Listing office SVN/Miller Commercial Real Estate 206 E Main Street, Salisbury, MD

    Listing date May 30, 2025

    MLS# MDWC2018130

    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.

    HighLights

    • Fully occupied, income‑generating property with a mix of regional and national tenants.
    • Listed under recently appraised value.
    • Significant recent renovations completed in 2024, including HVAC systems and roofs.
    • 83.83% of expenses are passed through to tenants.
    • Prime location on Maryland's Eastern Shore.
    • Includes an additional +/- 3 acres of unimproved land with extra parking.

    Overview

    This two-story office building offers 21 units within approximately 40,017 square feet. The property was renovated in 2024, and recent capital improvements include HVAC replacements within the last two years and roof work, with approximately half of the roofs redone in the last 18 months. The offering also includes additional +/- 3 acres of unimproved land and extra rear parking to support on-site access and layout.

    Located at 224 Phillip Morris Drive in Salisbury, Maryland, the property sits on a total lot area of 9.1 acres in Wicomico County. The property is zoned LBI and is described as fully occupied with a mix of regional and national tenants.

    For buyers and tenants evaluating an office building with existing in-place operations, this configuration provides multiple unit space and a current occupancy profile. Lease expense structure is described as approximately 83.83% of expenses passed through to tenants as a tenant expense, with the remaining expense attributed to the owner due to the gross lease arrangement. With the stated renovation and building systems updates, the property is positioned for purchasers seeking an office investment where significant exterior and mechanical components have been addressed recently.
    Property Profile Location Intelligence

    Current Use by Public Records

    Passionate LightHouse of GOD Church The Spence Realty Group Real Estate Agency Dr. Kristen M ... Alternative Medicine Practice Jennifer Funaioli-Sheehan Pediatrician Dr. Curtis Harris Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Wicomico
    State
    Maryland
    Longitude
    -75.55639
    Latitude
    38.36715

    FAQs

    What type of property is this?
    Office building - Renovated two-story office property with multiple units, full occupancy, and tenant-expense pass-throughs under LBI zoning.
    Where is this office building located?
    The property is located at 224 PHILLIP MORRIS Drive Salisbury, MD.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: Fully occupied, income‑generating property with a mix of regional and national tenants.; Listed under recently appraised value.; Significant recent renovations completed in 2024, including HVAC systems and roofs.
    More about this property
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