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    732 E Main Street

    SALISBURY, MD 21804
    • $365,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: MDWC113000
    UPDATED: 59 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 Dart Homes | Re/Max Realty Services. 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: 2021-07-28T12:54:56.71.
    www.darthomes.com/homes/117180266
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    732 E Main Street SALISBURY, MD 21804

    • Price: $365,000
    • Status: Active
    • Updated: 59 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 2020 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 5366.00 Tax Assessment Amount 265167.00 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 Dart Homes | Re/Max Realty Services. 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: 2021-07-28T12:54:56.71.
     
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