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108 W Main Street

SALISBURY, MD 21801
  • $979,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: MDWC2009100
UPDATED: 12 min ago
$979,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Investment opportunity in Downtown Salisbury! This 3 story building is well maintained and seen a number of renovations in the past 2 years. 3rd story is a two bedroom apartment tenant occupied. 2nd story has two walk up office suites with one vacancy. First floor is fully leased office/retail with access from both W Main St and Camden Ave. Current NOI: $79,996.96 with upside if second floor office suite is leased.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream Home Realtor @ Patterson Schwartz Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-10T17:51:24.447.
www.findmydedreamhome.com/homes/138456447
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108 W Main Street SALISBURY, MD 21801

  • Price: $979,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 12 min ago
  • ID#: MDWC2009100
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1920
Built
Neighborhood:
Wicomico Southwest (23-03)
County:
Wicomico
Area:
Wicomico Southwest (23-03)
School District:
Wicomico County Public Schools
Property Description
Investment opportunity in Downtown Salisbury! This 3 story building is well maintained and seen a number of renovations in the past 2 years. 3rd story is a two bedroom apartment tenant occupied. 2nd story has two walk up office suites with one vacancy. First floor is fully leased office/retail with access from both W Main St and Camden Ave. Current NOI: $79,996.96 with upside if second floor office suite is leased.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Road Responsibility City/County Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7035.00 Cooling Central A/C Flooring HardwoodCarpet Heating Other Heating YN Yes Net Square Feet 6898.00

Property Features

Acceptable Financing CashConventionalExchange Accessibility Features 36"+ Wide Halls Assessment Year 2023 Business Type Apartment BuildingProfessionalHair Salon And Spa Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Historic YN Yes Hot Water Electric Municipality Salisbury Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802260449916 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 8319.00 Tax Assessment Amount 434500.00 Tax Lot 1 Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning Cbd

Listing courtesy of Svn/Miller Commercial Real Estate: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream Home Realtor @ Patterson Schwartz Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-10T17:51:24.447.
 
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