2324 N Kiley Dr, Salisbury, Md 21801 $5,300,000

MLS Number
Mdwc112350
Standard Status
Active
City Name
Salisbury
Sale Type
Standard
100% Net Leased Investment Property - Northwood Professional Center. Build In 2019 Offering High Quality Construction And Professional Landscaping. Consists Of 3 Buildings Totaling 25,207 Sq.ft. On 2.61 Acres Of Land. The Property Contains A Total Of 16 Units. Building B Offers 12' Bay Doors And Building C Units Offer 10' Bay Doors. First Class Finished Office Spaces With Drywall, Acoustical Tile Ceilings And Ceramic Tile And Lvt Flooring. All Units Are Currently Under New 5 Years Leases. Very Attractive Complex Located Just Minutes From Us Route 13 & Us Route 50 Bypass Near Shopping, Restaurants And Services. Property Is Situated In The Northwood Industrial Park Which Has Access To All Municipal Services And Is Home To Over 40 Manufacturers. Located In An Enterprise Zone Offering A 10 Year Local Property Tax Credit To The Owner. The Amount Of The Tax Credit Is 80% For Each Of The First Five Years Starting July 2020. In Years 6-10 The Credit Decreases 10% Annually.

Additional Details

Acres
2.61
Year Built
2019
Property Type
Commercial Sale
Building Total SQFT
25150.00
Lot SQFT
113692.00
MLS Area
Wicomico Northwest (23-01)
Listing Entry Date
04/05/2021

Exterior Features

Construction Materials
Hardiplank Type, masonry
Foundation Details
Slab
Type of Parking
Parking Lot
Roof
Asphalt

Interior Features

Heating
Heat Pump(s)
Cooling
Central A/c
Flooring
Concrete, partially Carpeted, ceramic Tile, other

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