1217-1223 Salisbury Boulevar Salisbury, MD 21801
Property profile & analytics
1217-1223 Salisbury Boulevar Salisbury, MD 21801
- Retail properties & Spaces
- 20,662 SF
- 0.94 lot acres
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 1217-1223 Salisbury Boulevar
- Year built
- 1950
- Lot size
- 0.94 lot acres
- Property size
- 20,662 SF
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity encompasses two adjoining retail buildings situated at 1217-1223 N Salisbury Boulevard in Salisbury, Maryland. The property consists of a combined 20,662 square feet situated on a 0.94-acre lot. These buildings, while sold together as a single unit, are separate parcels. Building 1223 is currently fully occupied and boasts recent significant upgrades, including a new roof, HVAC system, and exterior garage door. Numerous other improvements have also been recently completed. Building 1217 is currently vacant, presenting a unique opportunity for immediate lease income generation. A prominent billboard is available for use by tenants of 1217, offering excellent advertising potential. Building 1223 benefits from a shared parking easement with an adjacent property, ensuring ample parking for tenants and customers. This strategic location offers high visibility and accessibility, making it an ideal investment for both seasoned and emerging investors seeking a strong return on investment in a thriving retail market. The asking price for this combined property is $1,095,000. This is a rare chance to acquire a well-maintained, income-producing property with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.5903
- Latitude
- 38.3776
