The median home value in Salisbury, MD is $184,700.
the county median home value of $136,850.
The national median home value is $209,892.
The average price of homes sold in Salisbury, MD is $184,700.
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.
OPPORTUNITY ZONE! 144,492 sq.ft. manufacturing facility for sale at $4,500,000 or lease at $4.00 per sq.ft. 20' - 27' ceiling heights. 2 overhead cranes with 2 - 5 ton hoists w/ remote control / 4 electric 3 ton hoists, 8 - 2.5 ton hoists on JIB cranes. 3 phase electric 600V 2000 amps. Security fencing. 20 +/- acres. Drive-in doors and warehouse loading doors. 265+ parking spaces. 1800 sq.ft. office space. Large employee lounge. Add'l 15,000 sq.ft. warehouse with 5 - 20' drive-in doors. The sale is subject to existing leases.
OPPORTUNITY ZONE! Commercial redevelopment site. 13.49 acres located in the heart of the retail district. Zoned General Commercial with highest and best use being retail development. Property has direct access from Rt. 13 with 200' of road frontage. Traffic count of over 38,000 cars per day.Developed for and currently use as a truck service facility consisting of 35,456 sq.ft. of which approximately 15,800 sq.ft. is office space. Facility has been well taken care of and is in good condition. Currently leased through June 2020 with a NOI of $318,000/year.
59,000 SF of 100% leased, high bay distribution/warehouse available for sale in the heart of Salisbury's Industrial corridor. Several years remaining on each lease all with options to renew. Terms are staggered. Combination of NNN and net leases. Easy access to the Rt 50 bypass which provides North, East, South, and West access. The property was once a single user, but has been separated into 4 units today. Additional separations could be added. Zoned light industrial, many uses allowed.
OPPORTUNITY ZONE! Totally renovated & updated manufacturing warehouse w/office in the Northwood Industrial Park. 49,227 sq.ft. with 14,490 sq.ft. office. 32,500 sq.ft. warehouse/manufacturing space with 18' ceiling heights. 5 dock doors w/levelers and 1 14' drive-in door. Add'l chemical building and metal storage building. Entire facility is heated and cooled. Also available for lease $7 per sq.ft for office and $3.50 per sq.ft. for warehouse.Building layout is flexible and office space could be converted to manufacturing space if needed.
Great office complex investment property with long term stable tenants, completely remodeled, including new exterior, new lighting, new HVAC, roof less than 7 years old, new monument sign, landscaping, and almost all tenants have completely remodeled interiors. With close proximity to the north side this property has tons of growth potential. Rent Roll and floor plan available upon request, and signed NDA.
25.96 acres of development land located adjacent to the most desirable and nicest student housing complex for Salisbury University. This would serve as Phase II of the development called "The Orchard". The Comprehensive Development plan reflects 549 total beds with 2 and 3 bedroom units. This development plan is fully approved. According to the engineering firm, the only approval needed is to update the stormwater management plan to meet the new stormwater management regulations for the state of Maryland. Salisbury University has over 8,500 undergrads and over 1,900 post graduates.
35.2 Acres in the City of Salisbury. Ready for DEVELOPMENT. It's cleared and set to go. It's in the OPPORTUNITY ZONE created by 2017 Tax Cuts & Jobs Act, code section 1400Z to provide tax incentives. Approved for residential development of 212 townhouse units. Public sewer & water hookup available from the entrance on Beaglin Park Drive. Agricultural recapture tax has been paid. Buyer to pay all closing costs. Close to Salisbury University, Wor-Wic Community College, Salisbury Airport (American Airlines), Shorebirds Baseball, shopping, entertainment and medical facilities. Easy access to the Bay Bridge via Route 50 West; Ocean City and Delaware beaches via Route 50 East. Seller is a licensed Delaware real estate agent. Please see attachments and call for information.
200,000 sq.ft. Manufacturing facility for sale on 16 acres with 2.8 acres of paved parking. Owner will consider a sale/leaseback for a portion of the facility. Plenty of space for tractor trailers and long term parking.
Investment Opportunity - Fully leased units in East Park Professional Center with long term tenants in place. Tenants: Peninsula Regional Medical Center and Easter Seals. NNN Leases. NOI: $111,193.56. 7.25% CAP Rate..
Excellent opportunity for investor seeking a shopping center with 2 national tenants (Family Dollar & Rent-A-Center) plus space for future development. 12,094 sf retail and 12,626 sf warehouse. 1.82 acres with great visibility and 300 ft frontage directly on US Route 13 Business with high traffic count. Parking for approx. 100 vehicles. LED monument sign. Gross income $138,900 with projected increase to $176,700 with leasing of warehouse. Dry fire sprinkler system throughout building. Warehouse has ceiling height from 14 ft to 19 ft. Two overhead doors plus entry doors to main parking lot and to rear parking lot. Opportunity Zone tax benefits available. Sale includes 4 separate parcels. Current Cap Rate 6.2% projected to be 8.6% when warehouse is leased up.
Artists paradise! Eclectic historic brick building in Downtown Salisbury MD just across a public parking lot from the Wicomico River. On top of these potential parking spaces, the property owns approx. 28 spaces behind the building on a separate lot included in the sale! The first floor consists of 3 commercial spaces, 2 leased and one owner occupied at the present. 4 sought after 2 bedroom Air B & B/VRBO apartments on the second floor. Seller is a SUPER HOST at Air B & B. Contact listing agent for financials. Unit A is approx. 2208sf and is currently owner occupied by Dana Simson, as an artist studio and gallery. This unit is available for lease at $11/sf + $2 TI + Utilities. Unit B is 1296sf and is The Mad Hatter restaurant. Unit C is the Ugly Pie at 1296sf approx., and their desserts are Amazing! The 4 Apartments upstairs are averaging $2000-$2500 per month per room. The building comes with almost everything currently there including all of the furnishings in the apartments. Some of the original artwork is negotiable as are the display units in the owners unit A. This building is gorgeous with tall, tin ceilings and exposed duct work. There are 2 parcels included in the sale. The back piece is the parking lot, a portion of which is leased to Perdue Farms. There is a small unit on the side of the building, about 180sf, that used to be a taxi stand. It could be leased for some additional income. Rumor has it that there will be a new hotel next door... Also a new downtown development plan is in the works that is extremely EXCITING!!! You can get in on the ground floor of the new and improved Downtown Salisbury, Maryland with this gorgeous building. call for a private showing today! For investors, we are working on the financials but believe that we can get you an 8.5% CAP rate once Unit A is leased! Possible Owner financing with 1/3 down, balance amortized for 10-15 years at 5.5-6% interest.
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.
OPPORTUNITY ZONE! 2 professional office buildings for sale totaling 13,858 sq.ft. Convenient downtown Salisbury location within walking distance to the court houses, post office, banks and restaurants. Offers dedicated on-site parking and 2 public parking lots are within 1 block. owner will consider a sale leaseback. Designated as a Main Street Maryland community, downtown offers plenty of exciting events and opportunities to live, work and play.201-207 E. Main St. is available separately for $845,000. 3,500 sq.ft. current vacant and available for lease at $12 per sq.ft.
Incredible Opportunity to own a profitable convenience store and car wash at one of the busiest intersections in Salisbury! The Car Wash Parcel 3539 conveys with the sale of the Convenience Store Parcel 3275 . The Owner will also consider a Lease arrangement or Sale for either parcel. Both businesses have great cash flow, this opportunity will not last long !
A fully leased, income producing shopping center listed for sale on Ocean Gateway in Salisbury, Maryland. The property has great visibility and is currently occupied by three stable, long term tenants (China Express, Coin-Op Laundry and Explosive Tattoo).The laundromat business located within the center is also listed for sale. Financials available upon request.
100% leased light-industrial flex building in the Northwood Industrial Park. The property has a good rental history with it being 100% occupied (not including tenant turnover period) over the last 10 years. The property is currently divided into 5 units but could easily be changed to accommodate future tenants. Block exterior construction with studded dividing walls on the interior. The property is being professionally managed so this investment could easily work for an out of town investor/owner, or a local investor could manage it themselves and increase the net income and the return on investment. The zoning is light industrial with a wide array of allowable uses.
24.92 acres of commercial land with tremendous visibility and exposure on east bound Route 50. City water and sewer available. Continuous to city limit and has a pre-annexation agreement. 42,000 cars pass this location daily. Only 1/3 mile from the Rt. 13 bypass. Additional 139.21 acres of agricultural land available on Walston Switch Road for $1,250,000.
This property is located on the corner of Snow Hill Road and Johnson Road inSalisbury, Maryland and is approximately 1.5 miles from Salisbury University. The building currently houses Fratelli's Italian Restaurant and has dine-in and bar styled seating as well as a separate carry-out window. This is an income property with Fratelli's Italian Restaurant being the tenant and operator.
OPPORTUNITY ZONE! Professional office building in downtown Salisbury. 8,858 sq.ft. within walking distance to the court houses, post office, restaurants, other professional offices and shops. Offers dedicated parking and 2 large parking lots within walking distance. Designated at a Main Street Maryland community, downtown Salisbury offers plenty of exciting events and opportunities to live, work & plan. 3,500 sq.ft. also available for lease at $12.00 per sq.ft.
7000 +/- SF 2-story, professional medical condo located in the Southside Professional Center. Turn-key medical office space is ready to go with exam rooms, offices and conference spaces. The 1st Floor is 5550 SF and the 2nd Floor is 1450. The seller has explored options to divide the space into multiple units. Recently appraised for $1,330,000. Also for lease for $12.95 PSF Net at MLS# MDWC104332.
Fully renovated medical office building. 2 levels containing 6,100 +/- sq. ft. of office space. 1st floor has 3,720 +/- sq. ft and 2nd floor has 2,380 +/- sq. ft. Numerous offices, large conference room, fire-proof file room, five restrooms, kitchen on 1st floor and kitchenette on 2nd floor, storage closets, and a basement. Parking on side and rear of building. Handicap ramp and exterior pylon sign.
Owner is retiring from this Salisbury landmark business. Business has a strong operating history. Financials are available upon completion of a confidentiality agreement between all parties. Stop and enjoy an ice cream, do not speak with owner or employees in reference to the property. Contact the listing agents for further details and a private showing.