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$2,250,000
52 Days On Site

1517 N SALISBURY BOULEVARD
SALISBURY, MD 21801

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
24,720
SqFt
$91
/SqFt
1940
Built
County:
WICOMICO
Listing courtesy of NAI Coastal
1517 N SALISBURY BOULEVARD1517 N SALISBURY BOULEVARD1517 N SALISBURY BOULEVARD1517 N SALISBURY BOULEVARD
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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.

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Listing Snapshot
Price 
$2,250,000
Days On Site 
52 Days
Bedrooms 
N/A
Inside Area (SqFt) 
24,720 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1940
MLS® Number 
MDWC2016688
Status 
Active
Property Tax 
$24,673
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1
Parking 
Parking Lot
Parking Spaces 
100
Property Sub Type 
Retail
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
24720
Water Source 
Public
Zoning 
GC
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
ElectricHeat Pump
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Exterior Features
Construction Details 
Stucco
Community Features
Accessibility Features 
Accessible DoorsAccessible Hallway(s)
MLS Area 
Wicomico Northeast (23-02)
School District 
WICOMICO COUNTY PUBLIC SCHOOLS
Schools
School District
WICOMICO COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
WICOMICO
Listing courtesy of NAI Coastal



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Neighborhood & Commute
Source: Walkscore
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