Property summary
This exceptional Salisbury, MD commercial property offers a unique investment opportunity encompassing 12,984 square feet on a 3.33-acre lot. The property features a recently renovated 6,800 square foot main office building and a 900 square foot secondary office building, both boasting over $350,000 in recent upgrades. These upgrades include new LED lighting, new gravel, and modern amenities such as a reception area, training room, conference room, private offices, and restrooms. The owner is offering a leaseback option for the front buildings at $5,600 per month NNN, with an estimated 60% of taxes and insurance included. In addition to the office space, a 4,900 square foot warehouse is available for lease. This warehouse features 28-foot ceilings, a small office with HVAC, a restroom, two overhead drive-in doors, and a substantial yard area. The entire 3.33-acre property is fenced. A significant added benefit is an additional 0.69-acre parcel at the front of the property, fronting US Route 13, also available for purchase at $490,000. This presents a rare chance to acquire a substantial commercial property with versatile space, recent renovations, and excellent visibility on a major thoroughfare. The asking price for the main property is $1,300,000.
Property profile
VerifiedCap rate & NOI
Current use
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Landscaping General Contractor
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Hardware & Home Improvement Interior Design
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Plumbing Service General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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