$1,100,000
( $126.15Per Sq Foot )
 $5,905 est/mo Sourced by Back At You

1520 S Salisbury Blvd , Salisbury, MD 21801

Salisbury, MD 21801

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Description

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: Location, location, location is thecalling card for this property. The main attraction of the property is that it is located along theprimary north-south traffic artery within the most desirable, high density retail-service hub in thegreater Salisbury area along South Salisbury Boulevard. It is surrounded by a dense populationof high quality single family and multi-family residential rooftops in front of, and behind, theSalisbury 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 buildingis one and a half stories and is 8,720 square feet in size. Current parking lot striping allows forapproximately 71 parking spaces.---Zoning: Wicomico County C-2 Commercial. See the list of allowable uses as documented in thebrochure and attached to the website under the documents tab.---Tax Advantages Of Location: This property is located within Wicomico County but is justoutside the municipal boundaries of the City Of Salisbury. Because of this there is no City ofSalisbury property tax or inventory tax assessed for this property, which can be a considerablesavings.---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 viaan Urban Service District agreement with the City of Salisbury. Water is provided by an onsitewell connection.---Building Status: While: the building is structurally sound, it suffered a fire several years agoand the interior had significant damage Given the current condition most uses will likely requiredemolishing and removing the building.---Waterfront Access: The property has a marvelous waterfront view but it does not have accessrights to enter into the Tony Tank Lake watershed. Access rights for all properties surroundingthe lake end at the waterline.---Environmental Status: It is represented that there are no underground storage tanks on site

Details

MLS#MDWC2014584
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1974
Days On Site184
Listing Provided BySVN/Miller Commercial Real Estate | Chris Peek

Features

SQ Feet8,720
ZoningC
Acreage1.47

Market Activity 21801

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Listings Checked: 5 minutes ago
StateMD
CountyWicomico
CitySalisbury
Zip Code21801
AreaWicomico Southwest
School DistrictWicomico County Public Schools
Listing VS Median (in 21801)
Price:
$1,100,000
low | high
Med:
$275,000
100% of Average
SqFt:
8,720
low | high
Med:
1,894
100% of Average
$ / SqFt:
$126
low | high
Med:
$146
34.538031319911% of Average
On Site:
184
low | high
Med:
278.000000
66.187050359712% of Average
Sourced by Back At You
Listing Updated: January 13, 2025 at 11:50:44 PM PST