The median home value in Salisbury, MD is $207,900.
the county median home value of $183,900.
The national median home value is $277,796.
The average price of homes sold in Salisbury, MD is $207,900.
Approximately 38% of Salisbury homes are owned,
compared to 52% rented, while
10% are vacant.
Salisbury real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Salisbury real estate agent to arrange a tour
today! Learn more about Salisbury Real Estate.
1.32-acre commercial lot. Currently improved by a 1,200 sq..dealership facility + separate 200 sq ft restroom facilities. Busy North Salisbury Boulevard corridor. High traffic location with great visibility and access. 30,000 + cars per day. $4,800 in annual billboard sign Income + approximately $15,000 - $18,000 annually in U-Haul rental income. Both sign and U-Haul agreements can be terminated with 30 days notice if desired. Located in a Maryland opportunity zone that could provide tax benefits and incentives to investors. C-1 City of Salisbury General Commercial Zoning All on-site USTs were professionally removed in 1993. Tank removal and State of Maryland, closure documentation is available on request.
Tenant has a strong history of providing Asian food for both sit in, carry out and delivery. Current lease is absolute NNN and is through 4/30/2027. NOI is $28,104. Contact listing agent for financials, lease, etc.
Rare Industrial property comprised of Warehouse and Office. Priced, well below replacement at just $30 PSF. Simply put, you canât construct this type of building for anywhere near that price. Building has been upgraded with newly renovated office spaces and entry ways, brand new windows throughout, extensive exterior renovations utilizing Aztek, 5 overhead doors ( w/ drive in, 2 dock high), freight elevator and fully fenced in yard. There is also professionally installed low voltage cable plant throughout the complex for telephone, data, CCTV, Wi-Fi and Audio Video. Property is perfect for an investor or owner operator. If you wish to operate your business here, you can enjoy some income to help you offset the mortgage payment. Property is currently producing $54,600 (approx.) in income. The income is generated by 3 tenants who occupy approximately 14,000 of the building. The current owners occupy the remaining 25,000 SF. The current owners have said they would consider a lease back, in the event that an investor purchased the building. This would help give the buyer time to find a tenant for the space. The possibilities are endless for this deal and this building. This type of product is hard to find right now. Sale includes 111 Olive St. and 108 Cherry St.
1390 sq ft of office space available in Milford St in Professional center. Location is in building 4 which gives great road visibility. Receptionist area, waiting area, 2 bathrooms, 6 individual rooms and storage room.
-Listing represents 4 income producing tenants, 2 residential & 2 Commercial. -Commercial tenant pays $533 per month in NNN's, water/sewer and all utilities -All units renovated in 2018 -All leases would be easy to duplicate and have excellent history -Simple warehouse in fenced in yard is occupied by SVN Maintenance who will sign 1 year lease at their current rent of $300/month Please see listing agent for financials
This Building has a long and steady rental history with 2 very successful restaurants on the first floor. The restaurants are in long term leases, and one has been through a recent renovation. There are 26 parking spots onsite, and a city lot across the street. The building has incredible river views, and close to downtown, city parks, and all of the amenities. Upstairs is an extremely successful AirBnB business. The 4 uniquely designed industrial lofts covering the upper 5,000 sq ft. each has water views. The Current Owners are in the top 1% of all AirBnB's.
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 faÃ§ade, 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 15â 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. Co-listing agent Caleb Brady is best contact for details and information
Zoned Commercial - 1,911 sq.ft. brick facility on 2.35 acres. Great location on Snow Hill Road, Salisbury, MD. Located in the city limits of Salisbury. Currently served by well and septic. Building could be renovated or the entire site redeveloped. Includes cinder block warehouse. Current building is being sold As Is and buyer is responsible for doing their own due diligence. Redevelopment or Renovation Opportunity convenient to Rt. 13/Rt. 50 Bypass 2.35 acres with great visibility. Two access/excess points. Traffic counts of over 10,000 ADT per day
This beautiful office space on Riverside Drive sits beside many thriving businesses. It offers 3 private offices ( potential for a 4th), a reception area and a separate large waiting room, 2 bathrooms, a sizable kitchenette, a storage closet and an abundance of storage cabinets. It is very close to Tidal Health Medical Center Hospital and booming downtown Salisbury. With the growth of downtown Salisbury and surrounding neighborhoods, this is makes for a great investment opportunity with the ability to add value.
3000 Â± SF Turn-key ready office space located near Salisbury State University. Space comes fully furnished. Includes 6 individual offices, 1 conference room, large kitchen area, 3 half baths and additional warehouse space.
+/- 4,800 SF of clean office and warehouse space situated on a +/- 0.23-acre commercial lot in Salisbury, Maryland (two parcels). The ground-level of the building features climate-controlled warehouse space with three 16'-18' drive-in doors. The second level is currently used as a professional office and offers open, shared workspace in addition to private offices. The property has excellent visibility, a fully-fenced and secure outdoor storage/yard area, and is located within close proximity of Downtown Salisbury, Salisbury University, TidalHealth and Routes 50 and 13.
Income producing property locatedÂon 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.
28646 Old Quantico Rd Units #1 through #7 and the Single Family Home at 28650 Old Quantico Rd are included in this sale. All but two of the units are subject to the current lease agreements. One of the vacant units is under construction and is roughly 80% remodeled. The other vacant unit is totally gutted. This apartment complex is made of four separate buildings. Building one is made up of 4 units, building two has 1 unit, building three has 2 units and then there's the single family 4br/1.5ba home. All together there is a little over 1ac of land that backs up to the river. There are two common area yards. Each unit has its own electrical meter. This complex is currently generating a positive cash flow but there is plenty of room for improvement and the ability to increase the rents. Financials available upon request.
A mixed-use development opportunity located on Beaglin Park Drive in Salisbury, Maryland. Adjacent to a planned 165+ unit residential community ("Builder 100" Top 5 homebuilder), this to-be-built commercial center is prime for a variety of uses including retail, professional office, medical, multifamily, hospitality, convenience store and/or restaurants. The property is situated less than a quarter mile from Route 50, the highway connecting eastbound traffic to Ocean City, the capital of Maryland tourism. With average daily traffic counts (ADT) of nearly 40,000 cars, Route 50 brings a steady stream of year-round traffic within very close proximity of the subject property. Pad sites are available for sale and/or ground lease with potential for build-to-suit leasing. A minimum of 2-acres or 2,000 SF is required. $400,000K PER ACRE, LEASE RATES NEGOTIABLE. Conceptual site plans have been completed and are available in addition to development consultancy.
1,392 SF Hair and Massage Salon space available for sale in the Fountains Business Park in Salisbury, Maryland. Great location right off U.S. Routes 50 & 13 (Bypass) on the east side of Salisbury. Join other professional and medical offices. Close to restaurants, hotels, shopping, Shorebirds Stadium, MVA, Salisbury University, Tidal Health, downtown and more. Country Inn and & Suites and The Fountains Wedding & Conference Center are in close walking distance. Plenty of onsite parking.
+/- 5,000 SF income producing property listed for sale on North Salisbury Boulevard (Route 13N) in Salisbury, Maryland. This two-unit building is partially occupied by India Bazaar (+/- 3,000 SF). The remaining +/- 1,800 SF is listed for lease at a rate of $12.00 PSF/YR (MDWC111752). Landlord storage accounts for +/- 200 SF.
Property is a masonry construction two bay 1,784 sq ft service station building on a .59 acre commercial lot. The sales office has a heat pump and air conditioning. The remainder of the building is served by oil forced hot air heat. The two service bays have overhead doors and one bay has an above-ground automotive lift. There is a warehouse storage room on the rear of the building that extends the entire width of the rear of the building and a high-security cash room off the garage area. . There are two restrooms with entrances from the exterior of the building. Survey is in listing documents folder. Full brochure on property available from your agent. Environmental: The property had soil remediation done in the rear lot area which was completed in 2014. It has a certificate of closure and full environmental compliance on file with the MDE. Existing Lease: There is currently a lease in place that runs until 7.31.2022. Contact agent for lease details. Automotive Sales and Service Facility on High Traffic RT 13 Corridor Two service bays with lift, warehouse area, and offices Exterior Customer Bathrooms 40,000+ cars per day traffic count Large 25912 sq ft lot
Preliminary approvals and annexation to the City of Salisbury at the final stage. 61 Unit subdivision with the minimal infrastructure required. Best price per unit on the market for the size. One Brick single-family home included and approved to stay and is currently leased.
6,019 SQ FT Freestanding Office Building. Reception, private offices, open work areas, and 2nd-floor offices. Ample on-site parking. Located in the Enterprise Zone. Easy access to Route 50 & 13. Current and Best used Office/Management Company. CALL AGENT FOR DETAILS.
Prime downtown retail / office building for sale at the gateway of downtown Salisbury. The building is one story and has fantastic street frontage at the corner of Mill St coming into downtown and W Main St. The building has a new roof and is in great condition featuring an open floor plan with 2 restrooms, office, break room, and large windows flanking the entrances. Building has access from two sides (on W Main St and from Market St) with private parking available on the Market St
Class A medical office condo units at the corner of S Division St and May Dr offering a prime location just minutes from Rt 13 and just down the road from Milford Professional Center. Ideal for a professional office or medical user. This listing is for the sale of one condo unit at $425,000. The building consists of two 3,000 SF condo units, one of which is leased to a medical user. Unit is also available for lease. Space features exam rooms, private offices, large lobby/reception area, multiple restrooms, break room.
This property is .52 acres on the Wicomico River in Downtown Salisbury. Sits across from the Salisbury Marina. There is parking already in place .Land was approved for 20 luxury condo units with dock slips. There was also an approval for two-story office building. CBD Zoning.
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
A long-time local business, Salisbury Dental Center, has "left the building" and the beautifully spacious office is up for grabs. Offering a very large waiting room, organized reception area, 8 exam rooms, 3 bathrooms, a kitchen, and a few extra areas for storage. Don't let this opportunity slip through your fingers, such a promising future awaits with project "Downtown Revitalization" underway. Call listing agent for showing and more details, right away!