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Multi-Bay Warehouse Storage Building
For Sale
Contact for pricing

316 Penn St, Salisbury, MD 21801

Warehouse building is divided into four separately metered bays with 18-foot ceilings and drive-in doors.

Property SizeContact for details
Days on Market133

Property Features for 316 Penn St

General Information

Standard status Active
Property subtype Office, Industrial

Warehouse & Industrial

Clear Height 18 ft
Drive-In Doors 4
Listing Agency: SVN | Miller Commercial Real Estate Salisbury
Listed By: Tonney Insley · License #MD 653457
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:54AM

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 SVN | Miller Commercial Real Estate Salisbury

Investment Insights

Based on property information with market context.

This commercial storage and warehouse building is offered for sale and is divided into four bays. Each bay has separately metered electric, supporting independent operations within the overall facility. The warehouses feature 18-foot ceilings and include drive-in doors for convenient loading and access.

The property is presented as being almost fully leased, offering an existing in-place occupancy profile. Prospective buyers can evaluate the tenancy and bay configuration for continued storage or warehousing use based on the existing layout.

With four distinct warehouse bays, the building provides a compartmentalized configuration designed for tenants that benefit from separate metering and direct drive-in access.

Key Highlights

  • Commercial storage/warehouse building almost fully leased
  • Divided into four bays with separately metered electric
  • 18 ft ceilings throughout the warehouse bays

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Auto Parts Store Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center

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

18 ft
Clear height
4
Drive-in doors

Location Intelligence

Trade Area within ½ mile

991
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse building is divided into four separately metered bays with 18-foot ceilings and drive-in doors.
Where is this warehouse located?
The property is located at 316 Penn St Salisbury, MD.
What are key features of this property?
This property features: Commercial storage/warehouse building almost fully leased; Divided into four bays with separately metered electric; 18 ft ceilings throughout the warehouse bays
(410) 543-2491 Call to check price and availability
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