820 E Main St
$380,000
820 E Main St, Salisbury, Md 21801
For Sale
Office
Active
Last Updated: 02/05/2025
3,750 sqft
Building Size
1973
Year Built
Details:
Building Size: 3,750 sqft
Year Built: 1973
Price Per Sqft: $101.33
Zoning: GENERAL COMMERCIAL
Roof: Shingle
Highlights:
- Days on Market: 26
- Heating: Other
Description:
820 E Main currently an income property that an investor can take advantage of upside by leasing the remaining 1250 sf suite and increasing income or for a business owner to occupy the vacant space in suite 3 while collecting income from tenants. The building was once occupied by one tenant until 2020 when the building was renovated and split into 3 suites in 2020. The building is well maintained and easily self managed. Current lease is NN with tenant paying taxes and CAM while owner is responsible for property insurance. 66% Occupancy, current NOI: $23,394. Pro-forma NOI: $37,746.
Location
Gallery
