1217-1223 N. Salisbury Blvd
$1,095,000
1217-1223 N. Salisbury Blvd, Salisbury, MD 21801
For Sale
Industrial
Warehouse
Active
Last Updated: 03/22/2025
5.68
Cap Rate
68,207.32
NOI
Details:
Cap Rate: 5.68%
NOI: $68,207.32
Building Size: 20,662 sqft
Lot Area: 0.94 acres
Occupancy: 100%
Units: 2
Year Built: 1950
Floors: 1
Parking Spots: 28
Highlights:
- City of Salisbury C-1 Zoning (most flexible zoning of all
- Newly renovated rubber-membrane roof
- Block Construction 16-foot ceilings
- 7,000 Sq ft showroom and 10,640 sq ft warehouse – Condition very good.
- RT 13 Frontage and high traffic count visibility
- 28 car shared lot (by easement) with Quality Staffing next door
- Bill board is available for use to any tenant occupying 1217.
Description:
These two buildings are being sold together but are separate parcels. 1223 is fully occupied, while 1217 is vacant. 1223 has a shared parking easement with the neighboring property as well to allow for ample space for any businesses looking to relocate to this facility. 1223 is fully occupied with recent roof, HVAC, exterior garage door added, as well as many other new upgrades. Bill board is available for use to any tenant occupying 1217.
Travel North on Rt.13 BUS in SBY, Turn Right onto Miller Pl, travel approx 100' and Turn Right into Parking Area.
Documents:
| Title | ||
|---|---|---|
| Sale_Brochure.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
