820 E Main , Salisbury, MD, 21801

820 E Main Salisbury, MD 21801

820 E Main , Salisbury, MD, 21801
820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801 820 E Main , Salisbury, MD, 21801
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$380,000
Last Verified:
Oct 29, 2024

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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


Documents

2024 Sale Brochure - 820 E Main

Map of 820 E Main , Salisbury, MD, 21801

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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