820 E Main , Salisbury, MD, 21801
820 E Main
Salisbury, MD 21801
FOR SALE
Property Type:
Multi Tenant OfficeAmount:
$380,000
Last Verified:
Nov 29, 2024Daily Email Blast
0 times
Highlights
- High traffic intersection
- C2 Zoning
- 66% Occupancy
- Current NOI: $23,394
- Pro-forma NOI: $37,746
Description
820 E Main offers an opportunity for both investors and users to take advantage of upside by leasing the remaining 1250 sf suite and increasing income or to operate your business from suite 3 while collecting income from tenants. The building was once occupied by one tenant until 2020 when the building was renovated and split into 3 suites in 2020. The building is well maintained and easily self managed. Current Lease is NN with tenant paying taxes and CAM while owner is responsible for property insurance.
Located between routes 13 & 50 at the highly trafficked 5-point intersection
Year Built: 1973
Building Size: 3750sq ft
Building Class: B
Lot Size: 0 acres