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732 E Main Street

SALISBURY, MD 21804
  • $365,000
  • STATUS: Active
  • ON SITE: 197 Days
  • ID#: MDWC113000
UPDATED: 33 min ago
$365,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

Income producing property located+-on Main Street in Salisbury, with easy access to Route 50 and Route 13. Property is fully leased. Net Income is approximately 33,000 which equates to a 9% Cap Rate offering. Adjacent property sold two years ago, in a weaker market, for $400,000.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Vashist Group | Keller Williams Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-27T21:49:41.233.
www.teamrajeev.com/homes/117180266
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732 E Main Street SALISBURY, MD 21804

  • Price: $365,000
  • Status: Active
  • On Site: 197 Days
  • Updated: 33 min ago
  • ID#: MDWC113000
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1955
Built
Neighborhood:
Wicomico Northeast (23-02)
County:
Wicomico
Area:
Wicomico Northeast (23-02)
School District:
Wicomico County Public Schools
Property Description
Income producing property located+-on Main Street in Salisbury, with easy access to Route 50 and Route 13. Property is fully leased. Net Income is approximately 33,000 which equates to a 9% Cap Rate offering. Adjacent property sold two years ago, in a weaker market, for $400,000.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3696.00 Cooling Other Heating Hot Water Heating YN Yes Net Square Feet 3700.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2021 Association YN No Business Type Professional Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Salisbury Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304605613319 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 6346.00 Tax Assessment Amount 315000.00 Tax Lot 4 5 Vacation Rental YN No Water Source Public Zoning C

Listing courtesy of Rinnier Development Co.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Vashist Group | Keller Williams Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-27T21:49:41.233.
 
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The Vashist Group | Keller Williams Realty
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Ashburn VA, 20147