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$380,000
( $101.33Per Sq Foot )
$2,040 est/mo Sourced by Back At You820 E Main St , Salisbury, MD 21801
Salisbury, MD 21801
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.
Details
| MLS# | MDWC2015338 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 8 |
| Listing Provided By | SVN/Miller Commercial Real Estate | Ryan Finnegan |
Features
| SQ Feet | 3,750 |
|---|---|
| Zoning | GENERAL COMMERCIAL |
| Acreage | 0.22 |
Market Activity 21801
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Learn More About This Property
| State | MD |
|---|---|
| County | Wicomico |
| City | Salisbury |
| Zip Code | 21801 |
| Area | Wicomico Southeast |
| School District | Wicomico County Public Schools |
| Listing VS Median (in 21801) | |
Price: $380,000 low | high Med: $259,900 SqFt: 3,750 low | high Med: 1,650 $ / SqFt: $101 low | high Med: $158 On Site: 8 low | high Med: 63.000000 | |
Listing Updated: October 2, 2024 at 5:49:35 PM PDT