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111 Olive Street Salisbury, MD $ 1,090,000
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$ 1,090,000 Get more info
111 Olive Street
$ 1,090,000
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111 Olive Street

Salisbury, MD, 21801
$ 1,090,000
Bedrooms-- Baths-- Sq 39,084

Monthly Estimate*

$ 6,800

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Commercial Property for sale in Salisbury, MD

for $1,090,000. This 39,084 square foot building was built in 1968 on a lot size of 1.04.

Rare Industrial property comprised of Warehouse and Office. Priced, well below replacement at just $30 PSF. Simply put, you cant 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. 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.

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Commercial Active

Price

$ 1,090,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.04

Year Built

1968

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2020668
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Negotiable
Zoning COMMERCIAL INDUSTRIAL
Construction Materials Block
Year Built 1968
Property Subtype Industrial
Tax Year 2025
Ownership Fee Simple
Cool Fuel Other
Municipality Salisbury
Business Type Other
Accessibility Other
County WICOMICO
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located on Olive Street in Salisbury MD.
City SALISBURY
MLS Area Wicomico Northeast (23-02)
Lot Size Units Square Feet
Lot Size Square Feet 45302.40
Tax Annual Amount 0.0
Price Per Sq Ft Total AG 32.62
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 33416.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.04
Lot Size Source Estimated
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 1 111
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* Excluded Features
List By
Rinnier Development Co

Broker

mtrader@rinnier.com

Email

Affordability Calculator

$6,800
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,800
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/17/2025$1,090,000 Listed Price

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111 Olive Street, Salisbury, MD, 21801 is a Commercial Property for sale at $1,090,000 with 39,084 sqft and a lot size of 1.04. 111 Olive Street was built in 1968. The property's zip code is 21801 which is in Salisbury, MD

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