Entity Owned Property summary
This exceptional 12,400 square foot retail strip center, located at 1313 S Salisbury Blvd #C in Wicomico County, is undergoing a complete renovation, slated for completion in 2024. The property, built in 1969, boasts a single, one-story building featuring five suites, currently offering 4,072 square feet of vacant space available for lease. The flexible layout allows for leasing the entire center or individual units to suit tenant needs. The renovation includes modern amenities designed to attract a diverse range of businesses. Key features include a drive-through and grease trap, expanding potential uses. The asking price reflects a "warm vanilla shell" finish, allowing for tenant customization. Owners are open to negotiating flexible lease terms to secure the right tenants. With ample parking (25+ spaces) and high visibility on Route 13, coupled with its proximity to a college, this property presents a unique opportunity for significant return on investment. The available space is 2,412 square feet, but the entire center can be leased. Contact us today to discuss design options and secure your space in this thriving retail location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Salisbury, MDThe purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the general commercial district is to provide a wide range of functional and attractive regional retail, office, service, wholesale, storage, distributing and light manufacturing activities, to alleviate p…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Salisbury, MD.
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Find the owner behind the property.
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