2407 N Salisbury Boulevard

    SALISBURY, MD 21801
    • $3,900,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: MDWC100180
    Foreclosure
    UPDATED: 45 min ago
    $3,900,000
    • 0
      BEDS
    • 13.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 35,456
      SQFT
    • $110
      $/SQFT
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Commercial redevelopment site. 13.49 acres located in the heart of the retail district. Zoned General Commercial with highest and best use being retail development. Property has direct access from Rt. 13 with 200' of road frontage. Traffic count of over 38,000 cars per day.Developed for and currently use as a truck service facility consisting of 35,456 sq.ft. of which approximately 15,800 sq.ft. is office space. Facility has been well taken care of and is in good condition. Currently leased through June 2020 with a NOI of $318,000/year.

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    ©2018 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. 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: 2018-11-20T11:59:40.31.
    www.darthomes.com/homes/89283199

    2407 N Salisbury Boulevard SALISBURY, MD 21801

    • Price: $3,900,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: MDWC100180
    0
    Beds
    0
    Baths
    0
    ½ Baths
    13.49
    Acres
    35,456
    SQFT
    $110
    $/SQFT
    1975
    Built
    Neighborhood:
    Wicomico Northeast (23-02)
    County:
    Wicomico
    Area:
    Wicomico Northeast (23-02)
    School District:
    Wicomico County Public Schools
    Property Description
    Commercial redevelopment site. 13.49 acres located in the heart of the retail district. Zoned General Commercial with highest and best use being retail development. Property has direct access from Rt. 13 with 200' of road frontage. Traffic count of over 38,000 cars per day.Developed for and currently use as a truck service facility consisting of 35,456 sq.ft. of which approximately 15,800 sq.ft. is office space. Facility has been well taken care of and is in good condition. Currently leased through June 2020 with a NOI of $318,000/year.
    Exterior Features

    Construction Materials BlockConcrete Garage YN No Location Type Commercial Area Other Structures Above GradeBelow Grade Parking Types Parking Lot Property Condition As-Is Condition Riparian Rights YN No Road Responsibility State Roof Metal Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 35456.00 Cooling Other Fireplaces Total 0 Flooring Concrete Heating Oil Heating YN Yes Living Area 35456 Net Square Feet 587624.00

    Property Features

    Accessibility Features None Assessment Year 2017 Association YN No Business Type CommercialRetailRestaurant Central Air YN No Cooling Fuel Electric Foundation Details Slab Heating Fuel Oil Historic YN No Hot Water Electric Incorporated City Name Salisbury Lease Considered YN No Navigable Water YN N Net Operating Income 318000.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 300991994203 Ownership Interest Fee Simple Possession Subject To Existing LeaseSettlement Property Sub Type Retail Sale Type Reo (Real Estate Owned) Sewer Private/Community Septic Tank Tax Annual Amount 14759.0 Tax Assessment Amount 1403200.0 Tax Lot 158 Vacation Rental YN No Water Source Private/Community Water Zoning C2 Zoning Description General Commercial

    Listing courtesy of Svn/Miller Commercial Real Estate.
    ©2018 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. 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: 2018-11-20T11:59:40.31.
     
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