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116 W Main Street

SALISBURY, MD 21801
  • $3,250,000
  • STATUS: Active
  • ON SITE: 147 Days
  • ID#: MDWC2000308
UPDATED: 152 min ago
$3,250,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Income producing property in the heart of Downtown Salisbury. Prime location with 23 units at 100% occupancy in an opportunity zone. Home to many tenured tenants and both state & federal leases.Recent upgrades include; New painted exterior fa+-ade, windows, & overhang. Complete makeover of the main foyer with new paint, flooring, stairs, and exposed granite/brick feature wall. Multiple brand new HVAC systems. New epoxy concrete floor in first floor Barbershop unit. Class A 15+GG wide common corridor via easement with the city for walkthrough access to both plaza building and Camden Street parking lot. Income/Expense Sheet and Leases are available with a signed NDA. Co-listing agent Caleb Brady is best contact for details and information

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©2021 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 EXIT Realty Ocean City. 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: 2021-11-30T23:49:52.913.
www.exitrealtyoc.com/homes/119030971
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116 W Main Street SALISBURY, MD 21801

  • Price: $3,250,000
  • Status: Active
  • On Site: 147 Days
  • Updated: 152 min ago
  • ID#: MDWC2000308
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1900
Built
Neighborhood:
Wicomico Northeast (23-02)
County:
Wicomico
Area:
Wicomico Northeast (23-02)
School District:
Wicomico County Public Schools
Property Description
Income producing property in the heart of Downtown Salisbury. Prime location with 23 units at 100% occupancy in an opportunity zone. Home to many tenured tenants and both state & federal leases.Recent upgrades include; New painted exterior fa+-ade, windows, & overhang. Complete makeover of the main foyer with new paint, flooring, stairs, and exposed granite/brick feature wall. Multiple brand new HVAC systems. New epoxy concrete floor in first floor Barbershop unit. Class A 15+GG wide common corridor via easement with the city for walkthrough access to both plaza building and Camden Street parking lot. Income/Expense Sheet and Leases are available with a signed NDA. Co-listing agent Caleb Brady is best contact for details and information
Exterior Features

Construction Materials StuccoBrickMixed Garage YN No Parking Features AttendantPublicUnassignedLighted Parking Parking Types Public GarageParking Lot Property Condition Very Good Riparian Rights YN No Roof FlatOther Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 30000.00 Cooling Central A/CHeat Pump(S) Flooring HardwoodCeramic TileCarpetLaminated Heating CentralForced AirHeat Pump - Gas Backup Heating YN Yes Net Square Feet 30000.00 Security Features Fire Detection SystemSmoke DetectorSprinkler System - Indoor

Property Features

Accessibility Features 2+ Access Exits32"+ Wide Doors48"+ HallsElevatorLevel Entry - MainLow Pile Carpeting Assessment Year 2021 Association YN No Business Type MedicalProfessional Central Air YN Yes Cooling Fuel Electric Heating Fuel ElectricNatural Gas Hot Water Electric Municipality Salisbury Navigable Water YN N New Construction YN No Number Of Units Total 23 Original MLSNumber 800812531020 Ownership Interest Fee Simple Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 35926.00 Tax Assessment Amount 1783200.00 Tax Lot 0 Utilities Cable TvMultiple Phone Lines Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning Cbd

Listing courtesy of Keller Williams Realty.


©2021 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 EXIT Realty Ocean City. 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: 2021-11-30T23:49:52.913.
 
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