Salisbury, MD 21801,1517 N SALISBURY BLVD
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Salisbury, MD 21801,1517 N SALISBURY BLVD
Salisbury, MD 21801,1517 N SALISBURY BLVD
Salisbury, MD 21801,1517 N SALISBURY BLVD
Salisbury, MD 21801,1517 N SALISBURY BLVD
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Listed by George Timothy Merritt • NAI Coastal
$ 2,199,000
Est. payment /mo
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Active

1517 N SALISBURY BLVD Salisbury, MD 21801

1 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWC2016688

Year Built 1940

Annual Tax Amount $24,673

Tax Year 2024

Lot Size 0.999 Acres

Acres 1.0

Lot Dimensions 149.80 x 290.40

Property Sub-Type Retail

Source BRIGHT

Property Description

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.

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning GC

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 105.0

Water Access N

Accessibility 32\"+ wide Doors, 36\"+ wide Halls, No Stairs

Total Parking Spaces 105

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Wicomico

School District Wicomico County Public Schools

Others

Tax ID 2305005981

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 13
  • 7

    North Salisbury Elementary School

    Public | 3 - 5

  • 4

    Pemberton Elementary School

    Public | PK - 5

  • 4

    Pinehurst Elementary School

    Public | PK - 5

  • 4

    Prince Street School

    Public | PK - 5

  • 4

    East Salisbury Elementary School

    Public | 3 - 5

  • 3

    Glen Avenue School

    Public | 3 - 5

  • 0

    West Salisbury Elementary School

    Public | PK - 2

  • 0

    Asbury Child Development Center

    Private | PK - KG

  • 0

    St Francis de Sales Catholic School

    Private | PK - 8

  • 0

    Charles H. Chipman Elementary School

    Public | PK - 2

  • 0

    Wicomico Day School

    Private | PK - 8

  • 0

    Faith Baptist School

    Private | PK - 12

  • 0

    Salisbury Christian School

    Private | PK - 12

Middle Schools 3
  • 6

    Bennett Middle School

    Public | 6 - 8

  • 5

    Salisbury Middle School

    Public | 6 - 8

  • 5

    Wicomico Middle School

    Public | 6 - 8

High Schools 4
  • 5

    James M. Bennett High School

    Public | 9 - 12

  • 5

    Parkside High School

    Public | 9 - 12

  • 4

    Wicomico High School

    Public | 9 - 12

  • 0

    Wicomico County Evening High School

    Public | 9 - 12

School and business data provided by Attom Data.
Joshua Haas

Joshua Haas

License ID: 0792170

+1(856) 296-1093

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1517 N SALISBURY BLVD