MD > Salisbury
Salisbury, MD 21801,820 E MAIN ST
Salisbury, MD 21801,820 E MAIN ST
Salisbury, MD 21801,820 E MAIN ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jonathan Granlund

Jonathan Granlund

+1(703) 537-6747
$380,000
Est. payment /mo
3,750 SqFt
Save

UPDATED:

10/25/2024 12:43 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $101

MLS Listing ID MDWC2015338

Originating Board BRIGHT

Year Built 1973

Annual Tax Amount $6,645

Tax Year 2024

Lot Size 9,525 Sqft

Acres 0.22

Lot Dimensions 0.00 x 0.00

Property Description

820 E Main currently an income property that an investor can take advantage of upside by leasing the remaining 1250 sf suite and increasing income or for a business owner to occupy the vacant space in 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. 66% Occupancy, current NOI: $23,394. Pro-forma NOI: $37,746.

Location

State MD

County Wicomico

Area Wicomico Southeast (23-04)

Zoning GENERAL COMMERCIAL

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 21.0

Waterfront N

Water Access N

Roof Type Shingle

Accessibility Other

Total Parking Spaces 21

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2305000521

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
Listed by Ryan Finnegan • SVN |Miller Commercial Real Estate
agent-avatar

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

820 E MAIN ST

QUICK SEARCH