1517 N Salisbury Boulevard
Salisbury, MD 21801-
Est. Payment/ mo
Virginia Square is a fully leased and prominent mixed-use complex serving the central Salisbury area. Its anchor stores are Family Dollar with a 25 year leasing history and a freshly authorized 5 year option as well as Rent-a-Center with 23 years and almost 2 years remaining on its current term. It is zoned Central Business District (CBD) and is in the Opportunity Zone. The rear of the building has two 6000+sf warehouse units with a recently fenced/gated parking area. The complex offers parking for over 100 vehicles and boasts access from both Rt 13 North as well as Dover street. The warehouse units have three 14 ft roll up doors and ceiling heights up to 18 feet. The building is also fully sprinkled. This investment is being offered at a 7% CAP, Financials provided upon request.
Listing provided courtesy of: NAI Coastal.
PROPERTY DETAILS
- Price $2,199,000
- Price / Sq Ft $89
- Bldg/Unit Size (Sq Ft) 24,720
- Building Units 2
- Land/Lot Size (Sq Ft) 43,560
- Property Type Commercial Sale
- Building Name None Available
- Year Built 1940
- MLS Number MDWC2016688
- Days on Market 80
TAXES & HOA
- Annual Taxes (USD) $24,673
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DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: NAI Coastal. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/19/2025 08:51:00
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