116 W Main St, Salisbury, Md 21801 $3,100,000

MLS Number
Mdwc2000308
Standard Status
Active
City Name
Salisbury
Sale Type
Standard
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 Façade, 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’ 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.

Additional Details

Acres
0.23
Year Built
1900
Property Type
Commercial Sale
Building Total SQFT
30000.00
Lot SQFT
9944.00
MLS Area
Wicomico Northeast (23-02)
Listing Entry Date
07/06/2021

Exterior Features

Construction Materials
Stucco, brick, mixed
Type of Parking
Public Garage, parking Lot
Roof
Flat, other

Interior Features

Heating
Central, forced Air, heat Pump - Gas Backup
Cooling
Central A/c, heat Pump(s)
Flooring
Hardwood, ceramic Tile, carpet, laminated

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