1517 N SALISBURY BOULEVARD

SALISBURY , MD 21801

MLS#: MDWC2016688

$2,199,000

Status: Active
Listing number: MDWC2016688
Listing provided by: NAI Coastal
Listing agent phone: None
Last update: 3 months ago
On site: 6 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

N/A

Virginia Square is a fully leased and prominent mixed-use complex serving the central Salisbury area. Its anchor stores are Family Dollar with a 25 year leasing history and a freshly authorized 5 year option as well as Rent-a-Center with 23 years and almost 2 years remaining on its current term. It is zoned Central Business District (CBD) and is in the Opportunity Zone. The rear of the building has two 6000+sf warehouse units with a recently fenced/gated parking area. The complex offers parking for over 100 vehicles and boasts access from both Rt 13 North as well as Dover street. The warehouse units have three 14 ft roll up doors and ceiling heights up to 18 feet. The building is also fully sprinkled. This investment is being offered at a 7% CAP, Financials provided upon request.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $2,199,000

  • Tax Amount

    24673.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    WICOMICO

Property Features

  • Accessibility Features

    Accessible Doors, Accessible Hallway(s)

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WICOMICO

Elementary School

Middle School

High School

WICOMICO

Listing Courtesy of George Timothy Merritt , NAI Coastal

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MarylandSandbox

FOUNDER

MarylandSandbox

Call Maryland today to schedule a private showing.

(980) 000-0000

maryland.sandbox@realhub365.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Virginia Square is a fully leased and prominent mixed-use complex serving the central Salisbury area. Its anchor stores are Family Dollar with a 25 year leasing history and a freshly authorized 5 year option as well as Rent-a-Center with 23 years and almost 2 years remaining on its current term. It is zoned Central Business District (CBD) and is in the Opportunity Zone. The rear of the building has two 6000+sf warehouse units with a recently fenced/gated parking area. The complex offers parking for over 100 vehicles and boasts access from both Rt 13 North as well as Dover street. The warehouse units have three 14 ft roll up doors and ceiling heights up to 18 feet. The building is also fully sprinkled. This investment is being offered at a 7% CAP, Financials provided upon request.

1517 N SALISBURY BOULEVARD

Message successfully sent.

What would you like to know?

Related Properties

Rare Opportunity for an amazing Church facility. We are offering a unique opportunity on an 8.52-acre property currently utilized by Trinity Church. The main building, encompassing 24,908 square feet, features an inviting entryway, two distinct sanctuaries with the primary one accommodating up to 700 attendees including mezzanine seating, a built-in baptismal tub. The building has a kitchen, multiple office spaces, and a youth hangout area. The property also includes a +/- 1,500 SF warehouse with a large bay door and a +/- 2,500 SF house. With 108 marked parking spaces and additional space for more, this property is perfectly suited for various uses and offers ample flexibility for prospective buyers or tenants.
#MDWC2017420

SALISBURY

31193 MOUNT HERMON ROAD

None Beds

None Baths

24,908 Sq.Ft.

$1,800,000

MLS#: MDWC2017420

Single tenant NNN Lease with strong credit tenant, Toroid. There are currently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increases every 5 years. There are no Landlord Responsibilities, as tenant maintains all structural and mechanical repairs. This hands-free would be an ideal replacement property for a 1031 buyer. 20,000 SF of pristine flex (Warehouse/Office space is rare to find in the Eastern Shore Marketplace, especially one supported by a strong national credit tenant. In addition, this property is also located in an Enterprise Zone and is in exceptional shape .
#MDWC2015442

SALISBURY

2020 NORTHWOOD DRIVE

None Beds

None Baths

20,000 Sq.Ft.

$1,990,000

MLS#: MDWC2015442

Building #11 is a Build to Suit 5,040+/- SF medical professional building. Options range from a 5,040+/- SF building, a 11,500+/- SF building, and a 52,000+/- SF building with a minimum of 2,500 SF. Over 68,000+ SF of build-to-suit professional/medical office space in 3 lots/buildings available for sale and/or lease within Woodbrooke in Salisbury, MD. The Woodbrooke campus offers great visibility with easy access to Routes 50 & 13 and the Bypass. Join Tidal Health, Peninsula Orthopedic Associates, Chesapeake Healthcare, Peninsula Imaging & more! Starting at $350 PSF and also available for lease starting at $25 PSF.
#MDWC2018846

SALISBURY

WOODBROOKE DRIVE BUILDING #11

None Beds

None Baths

5,040 Sq.Ft.

$1,764,000

MLS#: MDWC2018846

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here