The median home value in Salisbury, MD is $270,500.
This is
higher than
the county median home value of $199,900.
The national median home value is $308,980.
The average price of homes sold in Salisbury, MD is $270,500.
Approximately 39% 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.
Virginia Square is a fully leased and prominent mixed-use complex serving the central Salisbury area. Its anchor stores are Family Dollar with a 25 year leasing history and a freshly authorized 5 year option as well as Rent-a-Center with 23 years and almost 2 years remaining on its current term. It is zoned Central Business District (CBD) and is in the Opportunity Zone. The rear of the building has two 6000+sf warehouse units with a recently fenced/gated parking area. The complex offers parking for over 100 vehicles and boasts access from both Rt 13 North as well as Dover street. The warehouse units have three 14 ft roll up doors and ceiling heights up to 18 feet. The building is also fully sprinkled. This investment is being offered at a 7% CAP, Financials provided upon request.
South Division Professional Center is a 100% occupied commercial investment property available for sale. The property is well maintained and features 3 units, each with a NNN lease. Occupied by leading financial services firm Edward Jones, leading regional title company Sage Title Group and medical office Step Up from Grace, the property produces a steady and reliable income stream. The property is in a desirable location with heavy foot & vehicle traffic, and demand for leased space has remained strong for many years. With frontage on South Division St., the property is located less than 1/2 mile off of Rt 13 South, just south of Salisbury University. It is well situated in between professional and medical offices located on Milford and Power Streets.
OPPORTUNITY ZONE! 6.23 acres of commercial development land with US Rt. 50/Ocean Gateway visibility. Zoned PDD which allows a wide variety of uses including those allowed in the Lt. Business & Institutional District, Neighborhood Business District & Select Commercial District. Tremendous US Rt. 50 visibility and access from two side roads - Phillip Morris Drive & Beaglin Park Drive.
Extremely well kept medical office unit in the Pine Bluff Condo Association for sale. 1,144 SF consisting of lobby/reception area, 4 offices/exam rooms (3 with sinks), 2 bathrooms, and break area. The unit is being sold with all funishings included and all carpet was just replaced. Use is not limited to medical as various professional uses are permitted within the Association. Ample parking on site with additional parking available behind the building. Fantastic opportunity to join an established association with a proven track record.
Conveniently located on Route 50 / Ocean Gateway, just off the major intersection at Walston Switch Rd, central to Salisbury, Maryland. This commercial property is in the Beaver Run Business Park and features approximately 4,550 square feet of office space. High Visability, Private Parking w/ 27 spaces. Businesses in the immediate area include Chesapeake Healthcare & Salisbury Musculoskeletal Clinic on either side, 7-Eleven on the corner, a variety of other businesses in the park include Delmarva Power Sports, Pool Tech, Coastal Comfort Heat & Air, Spicer Bros. Construction, Sandpiper Energy. Directly across Rt. 50 is Wor-Wic Community College , Royal Farms, & Arby's, and is close to Perdue Corp. Headquarters.Zoned LBI, Light Business Institutional. Building layout includes: 2 Front entry doors, double back door; 1st floor is mostly open finished space, 1 office, 1 bathroom, reception area; Upstairs features 3 offices, open space, and another bathroom, storage. The property is just over 1 acre with lighted building signage and road frontage on Rt. 50, Ocean Gateway. Located in Salisbury, MD and 30 min. to Ocean City, MD.
Well located office with great visibility. Tasteful interior finishes. Great pricing and ready to move in. Office includes the 2nd floor. Rent is $1,475 per month gross rent.
52 apartments with 18 having been recently remodeled. This centrally located complex boasts brick exterior, stable rent roll, ample land for expansion. These apartments are still under current market rates giving plenty of upside for a buyer. This property has city water and sewer without having city taxes. Fiber internet is run throughout the property and several of the flat roofs have been recently replaced within the past 2 years.
Single tenant NNN Lease with strong credit tenant, Toroid. There are currently 10.8 years left on the initial lease term. Current NOI is $120,000 NNN with 10% increases every 5 years. There are no Landlord Responsibilities, as tenant maintains all structural and mechanical repairs. This hands-free would be an ideal replacement property for a 1031 buyer. 20,000 SF of pristine flex (Warehouse/Office space is rare to find in the Eastern Shore Marketplace, especially one supported by a strong national credit tenant. In addition, this property is also located in an Enterprise Zone and is in exceptional shape .
Rare Industrial property comprised of Warehouse and Office. Priced, well below replacement at just $30 PSF. Simply put, you canâ??t 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. Property is currently producing $54,600 (approx.) in income. The income is generated by 3 tenants who occupy approximately 14,000 of the building. The current owners occupy the remaining 25,000 SF. The current owners have said they would consider a lease back, in the event that an investor purchased the building. 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.
These two buildings are being sold together but are separate parcels. 1223 is fully occupied, while 1217 is vacant. 1223 has a shared parking easement with the neighboring property as well to allow for ample space for any businesses looking to relocate to this facility. 1223 is fully occupied with recent roof, HVAC, exterior garage door added, as well as many other new upgrades. Bill board is available for use to any tenant occupying 1217.
SEE DOCUMENTS SECTION OF LISTING FOR SURVEY, DATA SHEET AND ZONING CODE-- Beautifully situated 1.47 acre commercial C-2 zoned parcel fronting on South Salisbury Boulevard. Wicomico Country C-2 Zoning offers multiple development options with no City Taxes! --- Located In A Prime, Highly Desirable Retail-Service Demographic--- No City Inventory Taxes--- Waterfront Views--- Close to Salisbury State University --- 3 Minutes from Tidal Health Regional Hospital --- 20,000 - 30,000 Average Daily Traffic Counts --- Location and Surrounding Residential Demographic: â??Location, location, locationâ?? is the calling card for this property. The main attraction of the property is that it is located along the primary north-south traffic artery within the most desirable, high density retail-service hub in the greater Salisbury area along South Salisbury Boulevard. It is surrounded by a dense population of high quality single family and multi-family residential rooftops in front of, and behind, the Salisbury State University campus on both sides of the highway. --- Property Size And Parking: Parcel is 64,011 square feet in size or 1.47 acres. Onsite building is one and a half stories and is 8,720 square feet in size. Current parking lot striping allows for approximately 71 parking spaces.--- Zoning: Wicomico County C-2 Commercial. See the list of allowable uses as documented in the brochure and attached to the website under the â??documentsâ?? tab.--- Tax Advantages Of Location: This property is located within Wicomico County but is just outside the municipal boundaries of the City Of Salisbury. Because of this there is no City of Salisbury property tax or inventory tax assessed for this property, which can be a considerable savings.--- Average Daily Traffic Counts: Approximately 25,000 - 35,000 daily ADT.--- Electrical Utility: Delmarva Power is the electrical service provider.--- Water and Sewer Utilities: Sewer to property is provided by a municipal sewer connection via an Urban Service District agreement with the City of Salisbury. Water is provided by an onsite well connection.--- Building Status: While: the building is structurally sound, it suffered a fire several years ago and the interior had significant damage Given the current condition most uses will likely require demolishing and removing the building.--- Waterfront Access: The property has a marvelous waterfront view but it does not have access rights to enter into the Tony Tank Lake watershed. Access rights for all properties surrounding the lake end at the waterline.--- Environmental Status: It is represented that there are no underground storage tanks on site
Highly visible 16.62 acre parcel located within City limits available zoned Mixed Use Non-Residential. Conveniently located on the east side o Salisbury just of Route 50 at the lighted intersection of Hobbs Road. Property is adjacent to Deer Point Professional Park, Atlantic Tractor and Holt Paper Company. Only minutes from Shorebirds Stadium and Wor-Wic Community College. Great regional access to Ocean City / Berlin as well as Delaware and Virginia via the nearby Rt 13 bypass. Ideal for both office / warehouse, light service, and professional office users. Public utilities available. Don't miss this opportunity to acquire land at an attractive price for future development.
1.39 Acre lot adjacent to Sam's Club in the busy North Salisbury corridor. Located at the intersection of Hampshire Road & Northgate Drive, Salisbury, Wicomico County, MD. Located in the city limits. Zoned General Commercial which is very flexible allowing a wide variety of uses including: retail, shopping center, office, service, wholesale business, warehousing, light industrial uses and many more. Convenient to US Route 13 (less than 1/4 mile) and close proximity to US Route 50 bypass.
4.58 acre parcel located in the Northwood Industrial Park. Easy access to US Route 13, US Route 50 and the bypass. Located in the MD Opportunity Zone that could offer federal tax incentives. Zoned Industrial Park which shall be used for manufacturing or for the fabrication, assembly, processing, warehousing, wholesaling or distribution of manufactured goods or for research or for office and related facilities attendant to these uses. Government buildings and public structures are permitted, as well as eating facilities, day-care facilities, motel facilities, schools of special instruction, including dance, cheerleading, karate, and aerobics schools/studios, indoor recreational establishments and commercial establishments which serve the industrial park and its occupants. Additional 7.71 acres on Marvel Road (with access on Marvel and Northwood Drive) is also available for sale at $75,000 per acre. Combined this is a total of 12.29 acres and is the largest available tract of land in the Northwood Business Park and is located immediately adjacent to the bypass exit ramp.
Lot #1 in Beaglin Crossing Business Park - curb cuts for entry, City water & sewer already onsite. Please call for more details.
Located in the heart of Salisbury, Maryland's Central Business District, this +/- 1,950 Square Foot property lends itself to a variety of uses. Located across from Salisbury's Riverfront and with over 400 feet of Riverside Drive frontage, the location sees a traffic count of 11,000 per day and additional close proximity to Route 50. In addition, the property features private parking, updates including roof and compressor, and included, functional kitchen equipment in a full kitchen space. This is a competitively priced opportunity for a qualified Owner/Operator or Investment Buyer!
Reign Shaking Seafood Restaurant- 10k sf of indoor restaurant space with a large bar, including a state of the art sound & lighting system and stage with entertainment area. Seller invested nearly $800k in buildout and this sale includes ALL FF&E at the time of sale!! The space also includes nearly 5000sf of outdoor fenced in area perfect for outdoor events with around 3000sf of concrete pad and seating for 50+ patrons. The owners have done updates to HVAC, installed ALL NEW kitchen equipment at lease commencement and built this space out with the highest level of finishing's including granite, tile and custom indoor seating. This is an absolutely perfect location for the next big entertainment venue on the Eastern shore of MD!! Call today to schedule your private tour.
Trax Deli! A Salisbury Deli legend! This one of a kind opportunity wont last.. Fully equipped with everything down to the furnishings and silverware. See Equipment list in documents section of listing. This long time restaurant has an established client base, great menu, excellent location and is NOW available for the next owner! Purchaser must qualify with LL to transfer the lease prior to purchase. Call Today!!
Awesome local Deli and restaurant now AVAILABLE!! This turn key opportunity with new equipment and furnishings is a ready to go profit stream!! Established business with strong customer base, employees and a great menu. Lots of opportunity to grow within a rapidly developing Salisbury market. Business for sale, tenant would have to qualify to takeover the lease. Don't miss this great opportunity!!
Centrally located in Salisbury, MD directly off the Intersection of MD Route 13 & Route 50 in Northwood Industrial Park. A rare opportunity to purchase Vacant land in Salisbury's Industrial Park! Current owners can aid in construction and development efforts for buyer. Topography of site is level and wooded and Public Utilities are available. Join Plymouth Tube Company, Perdue, Zoetis and other major Industrial businesses!
NUMEROUS COMMERCIAL OPPORTUNITIES IN ONE BUILDING! A NEW ROOF ADDED ON 10/23! THIS PROPERTY IS BEING RENOVATED AND BUYERS SHOULD CONTACT THE LISTING AGENT REGARDING WHAT IS BEING DONE AND WHEN IT WILL BE READY TO SHOW. This property has previously been a Laundromat, a Deli and most recently a Hair Salon and NO PART OF THE PROPERTY CAN BE USED AS RESIDENTIAL. This 1,741 square feet building can be used as one large business or be easily subdivided into 3 separate units with each one having its own exterior entrance. Room 1 has a Southern Entrance and the main room is 31'x14' and it has access to an adjacent 15'x14' room. This Room has 3 Double Windows that emit both morning and afternoon sunlight. Room 2 has an Eastern and a Southern exterior entrance and is 27'x23'. Room 3 has a Southern Entrance and is also 27'x23'. There are internal doors that connect all three Rooms if needed. The floors in all three Rooms are Ceramic Tile for easy maintenance. There is one half bathroom with a new toilet and sink and an additional bathroom that is plumbed for a shower/tub combination. There is a 11'x7' Kitchen with a sink, a 220 outlet for an electric stove and a hookup for a washer/dryer. THE BUILDING IS BEING SOLD "AS IS". The building is five blocks to downtown Salisbury. There is no other commercial property like this in Salisbury between $100-200,000. There is parking on the southeastern side of the building and extra parking on the side street as well as behind the building. This property 's versatility is unique, and the building is aggressively priced; so contact the Listing Agent to get updated. Appointment can be made by scheduling online or calling the listing agent directly.
Cedar Crossing is a well located student housing portfolio for sale and has attractive assumable debt. 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 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 washers and dryers. Addresses include: (units listed in the 'portfolio properties' are only 2 of the 58 total, see below for addresses:) 101-207 Cedar Crossing Rd.
7.99 Acres of Commercial Development Land with 270 Yards of Frontage on Snow Hill Road (RT 12). Per MDOT, traffic light is to be installed in front of the property at Robins Avenue. Land is Zoned General Commercial with access from both Johnson Road & Rt. 12. Public water and sewer & Shared storm water management already on-site. Already solid traffic counts will soon increase with a 220 unit multifamily project that is approved to be built just east of Marley Manor Manor and a Assisted Living/Retirement Community with a traffic circle also a few hundred yards down Snow Hill Road from the subject property (See documents tab).
Package deal! 16 total single family homes all tenant occupied ! Big cash flow. All properties certified lead free! Properties are 707,711,713, 715,717,719,721,723,725,727,729,731, 733,735,737 North Westover Drive and 731 West Rd. Call listing agent for details. Do not bother tenants. . Pics are of one of the homes before the current tenant moved in. Sleer will consider seller financing. Over $17000 a month cash flow!!
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