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Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 13,858 sqft
Price per Sqft $108
Subdivision None Available
MLS Listing ID MDWC2001616
Sold Date 10/29/21
Originating Board BRIGHT
Year Built 1968
Annual Tax Amount $18,912
Tax Year 2021
Lot Size 0.428 Acres
Acres 0.43
Lot Dimensions 0.00 x 0.00
Property Description
Investment Opportunity - Downtown Salisbury office building for sale. Two very attractive professional office buildings (sold as a package). 201 E. Main St offers 8,858 sq.ft. and 209 E. Main St offers 5,000 sq.ft. Currently divided into 5 units with net yearly income of $128,092. Located within walking distance of the courthouse, post office, governmental offices, restaurants and all downtown amenities. Offers dedicated parking lots and 2 large public parking lots within 1 block.
Designated as a Main Street Maryland community, downtown Salisbury offers plenty of exciting events and opportunities to live, work and play.
Located in an Opportunity Zone which could provide significant tax benefits and incentives.
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning CBD
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Carpet, Vinyl
Heat Source Electric
Exterior
Garage Spaces 12.0
Water Access N
Accessibility None
Road Frontage Public
Total Parking Spaces 12
Garage N
Building
Lot Description Corner
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 05-013356
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Charles L Campbell II • Keller Williams Realty Delmarva
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