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Salisbury Maryland Real Estate Properties


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MLS Number: MDWC108374
Five Or More Units
Cedar Crossing - 101 CEDAR CROSSING ROAD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.The portfolio (6.03% CAP rate) consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washer
Priced to sell: $12,350,000

Listing Agent: William Rinnier
Listing Broker: Rinnier Development Co

MLS Number: MDWC2005850
Mixed Use
2300 N SALISBURY BOULEVARD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Former Sears center for sale or lease. Up to 132ksf of contiguous space with loading docks in place. Ample parking for large box retail, but could also be utilized for distribution/warehouse use. Located directly off Rt 13 and Rt 50 major corridors with great access for large vehicle access. Great foot traffic and access from Centre at Salisbury.
Priced to sell: $6,600,000

Listing Agent: Brandon Ziska
Listing Broker: Rinnier Development Co

MLS Number: MDWC2007040
Industrial
1770-1774 WESTWOOD DRIVE, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Two Net Leased Industrial / Flex Buildings with national credit tenants. High Visibility Highway Fronting Location in planned business park. 31,600 SF of excellent condition buildings 100% occupied. Sherwin Williams Flooring Sales and Distribution Center and Capital Electric (a subsidiary of Paris based Sonepar) have been in place since 2008. Located in the 250 + acre Westwood Commerce Park - a designated Maryland Enterprise Zone. Sherwin space spans 16,600 SF with 3,000 SF of office, and 13,600 SF of warehouse. Capital space spans 15,000 SF with 3,500 SF of office, 6,500 SF of showroom, and 5,000 SF of warehouse. Ceiling heights are 24' at the eves and 28' at the ridge. Property fronts Route 50, the major east/west corridor in Maryland. Landlord maintains the roof and structure. Refer to rent roll in this package for income information. Adjacent Parcel is slated for new construction of a 33,000 SF industrial shell. Note - These improvements are structured as a condominium regime allowing maximum flexibility. The adjacent Lot B3 is part of the regime. and will share in common area expenses (grass, snow, etc.) - additional details available from Listing Advisor
Priced to sell: $4,600,000

Listing Agent: John McClellan
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: 1001560128
Industrial
2305 NORTHWOOD DRIVE, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

OPPORTUNITY ZONE! 144,492 sq.ft. manufacturing facility for sale at $4,500,000 or lease at $4.00 per sq.ft. 20' - 27' ceiling heights. 2 overhead cranes with 2 - 5 ton hoists w/ remote control / 4 electric 3 ton hoists, 8 - 2.5 ton hoists on JIB cranes. 3 phase electric 600V 2000 amps. Security fencing. 20 +/- acres. Drive-in doors and warehouse loading doors. 265+ parking spaces. 1800 sq.ft. office space. Large employee lounge. Add'l 15,000 sq.ft. warehouse with 5 - 20' drive-in doors. The sale is subject to existing leases.
Priced to sell: $4,500,000

Listing Agent: John C Davis
Listing Broker: NAI Coastal

MLS Number: MDWC2006164
Office
224 PHILLIP MORRIS (PHILMORE COMMONS) , SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Large office complex with multiple tenant layouts Approximately 2.5 acres of paved parking area and 4.25 acres of cleared land 5,500 Square feet of office space was recently completely renovated to Class A space Entire complex has fire monitoring, there is an elevator for access to a majority of the second floor spaces and all areas are ADA compliant Several tenants are in place with short term leases (rent roll available upon request) Perfect opportunity for redevelopment Three adjacent parcels along Philip Morris Drive (see documents tab) are available to increase the site size or provide additional ingress/egress
Priced to sell: $3,500,000

Listing Agent: Andrew Ball
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: MDWC2000308
Office
116 W MAIN STREET, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Income producing property in the heart of Downtown Salisbury. Prime location with 23 units at 100% occupancy in an opportunity zone. Home to many tenured tenants and both state & federal leases. Recent upgrades include; New painted exterior façade, windows, & overhang. Complete makeover of the main foyer with new paint, flooring, stairs, and exposed granite/brick feature wall. Multiple brand new HVAC systems. New epoxy concrete floor in first floor Barbershop unit. Class A 15’ wide common corridor via easement with the city for walkthrough access to both plaza building and Camden Street parking lot. Income/Expense Sheet and Leases are available with a signed NDA.
Priced to sell: $3,100,000

Listing Agent: BRADLEY ABSHER
Listing Broker: Keller Williams Realty

MLS Number: MDWC2007562
Retail
1315 S SALISBURY BOULEVARD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Highway Pad site / existing building on South Salisbury Boulevard. Long term home of Rental Equipment/Parties Etc - the business has been purchased and is relocating. Frontage of 200 feet on Rt 13 and situated in the busiest southern corridor across from ever growing Salisbury University. Property consists of three buildings (totaling over 10,000 SF) and two parcels for a total of 1.2 acres. Ideal location for office or retail users looking for a high traffic location in a well established area. The property is zoned General Commercial which lends itself well to a myriad of uses. Located in the City, the property has city utilities and is located in the Enterprise Zone. This is a rare opportunity over an acre located along one of the most sought after corridors in Wicomico County.
Priced to sell: $1,800,000

Listing Agent: John McClellan
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: MDWC2005868
Mixed Use
2300 N SALISBURY BOULEVARD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Former Sears auto business for sale or lease. Ample parking for small or large box retail, but could also be utilized for multiple uses. Located directly off Rt 13 and Rt 50 major corridors with great access for large vehicle access. Also directly located off of Naylor Mill Road with Naylor Mill frontage. Perfect retail frontage for 100's of apartment tenants located directly across Naylor Mill Road. City water and sewage. Great foot traffic and access from Centre at Salisbury. 6 acres available, contiguous for larger development opportunity. 18-22' ceiling height throughout, unobstructed by pillars or separation.
Priced to sell: $1,700,000

Listing Agent: Brandon Ziska
Listing Broker: Rinnier Development Co

MLS Number: MDWC2005242
Five Or More Units
723 N WESTOVER DRIVE, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Package deal! 16 total single family homes all tenant occupied ! Big cash flow. All properties certified lead free! Properties are 707,711,713, 715,717,719,721,723,725,727,729,731, 733,735,737 North Westover Drive and 731 West Rd. Call listing agent for details. Do not bother tenants. Total monthly rents gross $14,350 plus or minus. Call listing agent for details. Pics are of one of the homes before the current tenant moved in. Seller will consider selling separately or in a smaller package. Current rents. 707 $850, 711 $1000, 713 $850, 715 $1000, 717 $950, $719$1000, 721 $850, 723 $1000, 725 $800, 727 $850, 729 $800, 731 $800, $733 $800, 735 $1000, 737 $800, and 731 West Rd $1000.
Priced to sell: $1,600,000

Listing Agent: William Barr
Listing Broker: Keller Williams Realty Delmarva

MLS Number: MDWC2005246
Other
723 N WESTOVER DRIVE, SALISBURY, Maryland
Pool: No Pool
0 Bedrooms, 0 Baths, 0 Half Baths

Package deal! 16 total single family homes all tenant occupied ! Big cash flow. All properties certified lead free! Properties are 707,711,713, 715,717,719,721,723,725,727,729,731, 733,735,737 North Westover Drive and 731 West Rd. Main photo is a pic of one of the homes. Call listing agent for details. Do not contact bother tenants.!!!!Total monthly rents gross $14,350 plus or minus. Call listing agent for details. Tenants pay utilities. Pic were taken of one of the homes prior to current tenant moving in. Seller will consider selling part of the package or individual units.
Priced to sell: $1,600,000

Listing Agent: William Barr
Listing Broker: Keller Williams Realty Delmarva
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