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1517 N Salisbury Boulevard Salisbury, MD $ 2,199,000
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$ 2,199,000 Get more info
1517 N Salisbury Boulevard
$ 2,199,000
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1517 N Salisbury Boulevard

Salisbury, MD, 21801
$ 2,199,000
Bedrooms-- Baths-- Sq 25,500

Monthly Estimate*

$ 13,540

1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 1
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 2
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 3
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 4
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 5
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 6
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 7
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 8
1517 N Salisbury Boulevard, Salisbury, MD 21801 - Image 9

Commercial Property for sale in Salisbury, MD

for $2,199,000. This 25,500 square foot building was built in 1940 on a lot size of 1.

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.

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Commercial Active

Price

$ 2,199,000

Property Type

Commercial

Taxes

$ 24,673

Style

Flex,Big Box Retail,Warehouse

Lot Size

1

Year Built

1940

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2016688
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Possession Negotiable
Zoning GC
Construction Materials Stucco
Year Built 1940
Property Subtype Retail
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Salisbury
Business Type Flex Big Box Retail Warehouse
Building Name NONE AVAILABLE
Accessibility 32 + wide Doors 36 + wide Halls No Stairs
County WICOMICO
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions following Rt 13 Northbound Ln. follow over overpass nd make second left onto Dover Street and parking is immediately on your left.
City SALISBURY
Number Of Units Total 2
MLS Area Wicomico Northeast (23-02)
Lot Size Units Square Feet
Lot Size Square Feet 43501.00
Tax Annual Amount 24673.0
Price Per Sq Ft Total AG 88.96
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision HOMER STREET HEIGHTS
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 24720.00
Lot Dimensions 149.80 x 290.40
Lot Size Acres 1.00
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1517
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* Excluded Features
List By
Nai Coastal

Broker

george@naicoastal.com

Email

Affordability Calculator

$15,596
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,540
Monthly Property Taxes
$2,056
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/30/2025$2,199,000 -2.27% Price Down
2/10/2025$2,250,000 Listed Price

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1517 N Salisbury Boulevard, Salisbury, MD, 21801 is a Commercial Property for sale at $2,199,000 with 25,500 sqft and a lot size of 1. 1517 N Salisbury Boulevard was built in 1940. The property's zip code is 21801 which is in Salisbury, MD

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