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About the Listing 123MCR - 3256030,3329993
Located at the corner of Allen Dr & Leonard Ln in the Northwood Industrial park. This property consists of 4 parcels two of which have residential rentals on them, all are Zoned I-2 Heavy Industrial in Wicomico County. "2302 Allen Dr." - 1,142 SF | Rent = $400 per/month, (Verbal month too month lease) & "2306. Allen Dr." - 996 SF | Rent = $1,250 per/month, (1 year lease, Expires on 6/30/2026) This is a Prime opportunity for a residential Flipper or investor looking. for some value add, or a commercial user that wants to take advantage of the I-2 Heavy Industrial zoning and or the Location of the Northwood Industrial Park. We also have the adjacent 2.19 Acre parcel to the west listed with a different owner creating 3.27 Acres, zoned I-2 Heavy Industrial in the Northwood Industrial Park, with no City Taxes. Per "Maryland Renters’ Rights and Stabilization Act of 2024" both tenants have been notified of the sale. One Tenant has exercised their right to make an offer. Their 30 day first right of refusal period ends 9-22-25. - Excellent access off two roads - Room for expansion and development - Attractive investment opportunity - Adjacent 2.19 Acres for sale separately (Totaling 3.27 Acres)
Listing Highlights for 2302 Allen Dr
Status
Pending
Days on Site
48
Property Type
Multi-Family
MLS ®
MDWC2019700
Year Built
1935
Total Square Footage
2,138
Lot/Acreage
1.08
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Heat Pump(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2138
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: I-2 HEAVY INDUSTRIAL
- Roof:
- Others: Average
- Sewer: Private Septic Tank
- Parking Features: Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $384
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
2302 Allen Dr Salisbury, MD 21801
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