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Marjorie Dick Stuart

  • Cell 240-731-8079
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116 W Main St, SALISBURY, MD – $2,650,000

  • $2.7M Price
  • 30,000 Sqft
  • .23 Acres
  • 1048 DOM
  • $2.7M Price
  • 30,000 Sqft
  • .23 Acres
  • 1048 DOM

116 W Main St

Income producing property in the heart of Downtown Salisbury. Prime location with 23 units at 100% occupancy in an opportunity zone. Home to many tenured tenants and both state & federal leases. Recent upgrades include; New painted exterior faade, windows, & overhang. Complete makeover of the main foyer with new paint, flooring, stairs, and exposed granite/brick feature wall. Multiple brand new HVAC systems. New epoxy concrete floor in first floor Barbershop unit. Class A 15’ wide common corridor via easement with the city for walkthrough access to both plaza building and Camden Street parking lot. Income/Expense Sheet and Leases are available with a signed NDA.

Essential Information

  • MLS® #MDWC2000308
  • Price$2,650,000
  • Bathrooms0.00
  • Square Footage30,000
  • Acres0.23
  • Year Built1900
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Community Information

  • Address116 W Main St
  • AreaWicomico Northeast (23-02)
  • CitySALISBURY
  • CountyWICOMICO-MD
  • StateMD
  • MunicipalitySalisbury
  • Zip Code21801

Amenities

  • UtilitiesCable TV, Multiple Phone Lines

Parking

PublPark, Unassigned, Lighted Parking, Attendant

Interior

  • CoolingCentral A/C, Heat Pump(s)

Heating

Central, Forced Air, Heat Pump - Gas BackUp

Exterior

  • ExteriorStucco, Brick and Siding
  • RoofFlat, Other

School Information

  • DistrictWICOMICO COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedJuly 6th, 2021
  • Days on Market1048
  • ZoningCBD

Listing Details

  • OfficeKeller Williams Realty
  • Office Contact(302) 360-0300
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Price Change History for 116 W Main St, SALISBURY, MD (MLS® #MDWC2000308)

Date Details Price Change
Price Reduced $2,650,000 $150,000 (5.36%)
Price Reduced $2,800,000 $300,000 (9.68%)
Price Reduced (from $3,250,000) $3,100,000 $150,000 (4.62%)

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Listing information last updated on May 18th, 2024 at 5:03pm CDT.