ERA Martin & Associates
1000 East Main Street
Salisbury, Maryland
Office: (410)749-1818

Salisbury Maryland Real Estate Properties


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MLS Number: MDWC108374
Five Or More Units
Cedar Crossing - 101 CEDAR CROSSING ROAD, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.The portfolio (6.03% CAP rate) consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washer
Priced to sell: $12,350,000

Listing Agent:
Listing Broker: Rinnier Development Co

MLS Number: MDWC2001336
Retail
2410 N SALISBURY BOULEVARD, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths


Priced to sell: $7,000,000

Listing Agent:
Listing Broker: Rinnier Development Co

MLS Number: 1001560128
Industrial
2305 NORTHWOOD DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

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.
Priced to sell: $4,500,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: MDWC2000308
Office
116 W MAIN STREET, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

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 façade, 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.
Priced to sell: $3,250,000

Listing Agent:
Listing Broker: Keller Williams Realty

MLS Number: MDWC2004678
Other
207 W LOCUST STREET, SALISBURY, MD
Pool: No Pool
0 Bedrooms, 0 Baths, 0 Half Baths

19 Home Portfolio – 17 single-family detached homes and 1 duplex (2 doors) The majority of homes are in Salisbury with the duplex located in Nanticoke and one home in Fruitland The portfolio includes one, two, three, and four-bedroom homes Portfolio is self-managed Over $350,000 in improvements completed since 2017 Average tenancy of 5 years with some tenants in place as long as 20 years Value-add opportunity with rents 30% below market rents $125,004 average home price is $100,000 below median home prices of $225,834 per NeighborhoodScout Home prices have increased 14% in the past 12 months Opportunity to reduce expenses through professional management engagement 73% of the homes in Salisbury are occupied by renters per NeighborhoodScout Stabilized cap rate of 7.45% with a gross yield of 11.19%
Priced to sell: $2,375,070

Listing Agent:
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: MDWC111754
Retail
2417 N SALISBURY BOULEVARD, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

+/- 5,000 SF income producing property listed for sale on North Salisbury Boulevard (Route 13N) in Salisbury, Maryland. This two-unit building is partially occupied by India Bazaar (+/- 3,000 SF). The remaining +/- 1,800 SF is listed for lease at a rate of $12.00 PSF/YR (MDWC111752). Landlord storage accounts for +/- 200 SF.
Priced to sell: $1,500,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: MDWC105712
Land for Commercial Use
0 JOHN DEERE DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

13.96 +/- acres located at the corner of Hobbs Road and Route 50. Over 44,000 daily traffic counts, East of the bypass. City of Salisbury water and sewer. Can be subdivided down to 1.27 acres.
Priced to sell: $1,500,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: MDWC106012
Land
Lot 2 WOODBROOKE DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Woodbrooke, Finished Lots Available, Lot #2- 4.17 Acres Available for $565,000, Lot are completed with City of Salisbury Water and Sewer, Gas, Electric, Cable to the lot line, The site has regional storm water management, which allow each user to maximize the useable acreage. Join Peninsula Orthopedics and PMRC.
Priced to sell: $1,365,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: MDWC106010
Land for Commercial Use
Lot 2 WOODBROOKE DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Woodbrooke, Finished Lots Available, Lot #2-4.17 Acres Available for $1,365,000.00 Lot are completed with City of Salisbury Water and Sewer, Gas, Electric, Cable to the lot line, The site has regional storm water management, which allow each user to maximize the useable acreage. Join Peninsula Orthopedics and PMRC.
Priced to sell: $1,365,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: MDWC106016
Land
Lot 7 WOODBROOKE DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Woodbrooke, Finished Lots Available, Lot #7 4.80 Acres Available for $1,320,000, Lot are completed with City of Salisbury Water and Sewer, Gas, Electric, Cable to the lot line, The site has regional storm water management, which allow each user to maximize the useable acreage. Join Peninsula Orthopedics and PMRC.
Priced to sell: $1,320,000

Listing Agent:
Listing Broker: NAI Coastal
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