610 BEAM STREET Salisbury, MD $ 1,495,000
610 BEAM STREET
$ 1,495,000
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610 BEAM STREET

Salisbury, MD, 21801
$ 1,495,000
Bedrooms Baths-- Sq 22,729

Monthly Estimate*

$ 7,129

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Commercial Property for sale in Salisbury, MD

for $1,495,000. This 22,729 square foot building was built in 1986 on a lot size of 4.34.

Desirable investor property offers attractive CAP rate. Current tenant of 20+ years have recently renewed 4 and 5 year leases with gross income of $123, 263. Building is 100% leased with tenant paying NNN expenses. Low maintenance building has had many recent improvements and updates. Site offers 4.34 acres with room for building expansion, additional parking or yard storage & rail access possibilities.

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Commercial Active

Price

$ 1,495,000

Property Type

Commercial

Taxes

$ 26,622

Style

Office

Lot Size

4.34

Year Built

1986

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

1001560444

Features
Interior
Cooling System Central Air Electric Cooling
Heating Source Natural Gas
Heating System Hot Water Heater: Electric
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Concrete Metal
Foundation Slab
Lot Description Clear Lot
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Miscellaneous
Commercial Wet Sprinkler System
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Rental
Tenant Pays All Utilities
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* Excluded Features
List By

Listing Agent

Era Martin Associates

Broker

Affordability Calculator

$9,347
Per Month
76%
24%
0%
Monthly Principal & Interest
$7,129
Monthly Property Taxes
$2,219
Monthly Home Insurance
--
Edit Insurance and Taxes
Default based on a 30-year fixed rate of 3.99% 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
WICOMICO COUNTY PUBLIC SCHOOLS School District
Pricing History
DatePricePrice ChangeDescription
8/29/2019$1,495,000 -3.55% Price Down
1/16/2019$1,550,000 -4.62% Price Down
12/27/2018$1,625,000 30.00% Price Up
6/12/2018$1,250,000 Listed Price

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610 BEAM STREET, Salisbury, MD, 21801 is a Commercial Property for sale at $1,495,000 with 22,729 sqft and a lot size of 4.34. 610 BEAM STREET was built in 1986. The property's zip code is 21801 which is in Salisbury, MD