1517 N Salisbury Boulevard

Salisbury, MD 21801
  • $2,199,000

    Price
  • 0

    Bed
  • Bath
  • 24,720

    SqFt

About the Listing NAICT1 - 3293836,3255983

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.

Listing Highlights for 1517 N Salisbury Boulevard

Status Active
Days on Site 211
Property Type Commercial Sale
MLS ® MDWC2016688
Year Built 1940
Total Square Footage 24,720
Lot/Acreage 1
County Wicomico
Building Name NONE AVAILABLE
High School Wicomico

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Heat Pump - Electric BackUp
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Parking Spaces: 105
  • Lot Dimensions: 149.80 x 290.40
  • Zoning: GC
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $24,673
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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Listing Location

Questions About..

1517 N Salisbury Boulevard Salisbury, MD 21801

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Originating MLS: BRIGHT_MAIN

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