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Property profile & analytics
OFF-MARKET
Office Spaces

224-226 Main St Salisbury, MD 21801

0.07 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional corner unit storefront at 224-226 W Main Street, Unit 100, in downtown Salisbury, MD, presents a unique opportunity. Situated on a 0.07-acre lot, this property boasts 9 exam rooms, each equipped with sinks, ideal for medical or dental practices. Three additional rooms provide private office space, while two more rooms at the rear offer versatile storage or other creative uses. Recent cosmetic improvements enhance the space's appeal. The property's adaptability makes it equally suitable for professional office use or conversion to retail. A basement, currently recommended for storage, offers significant expansion potential for future use. Parking is conveniently located at the nearby garage adjacent to Mogan's Oyster House or the parking lot behind Roadie Joe's on Route 50. Furthermore, the main public parking area is slated for a return to public use in the near future, enhancing accessibility for clients and employees. This is a rare opportunity to acquire a well-located, versatile commercial space in the heart of Salisbury. The property is offered at a price to be determined.

Property profile
Verified
Property type Office Spaces
Year built 1900
Lot 0.07 ac (3,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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