1517 N Salisbury Blvd, Salisbury, MD 21801
- $1,800,000
- List Price
- $1,800,000
- Price Change
- ▼ $399,000 1774487480
- Days on Market
- 542
- Status
- ACTIVE
- MLS#
- MDWC2016688
- Lot Size (Acres)
- 1
- Year Built
- 1940
- County
- Wicomico
- School District
- Wicomico County Public Schools
Property Description
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.
/u.realgeeks.media/leighsellshomes/REMAX_RESULTS_LOGO.png){kind=logo}
Additional Information
- Area
- Wicomico Northeast (23-02)
- Taxes
- $24673
- School District
- Wicomico County Public Schools
- High School
- Wicomico
- Heating
- Heat Pump - Electric BackUp
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of NAI Coastal. Contact: (410) 543-5115