1113 HEALTHWAY, Salisbury, MD 21804
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1113 HEALTHWAY, Salisbury, MD 21804
1113 HEALTHWAY, Salisbury, MD 21804
1113 HEALTHWAY, Salisbury, MD 21804
1113 HEALTHWAY, Salisbury, MD 21804
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John Logan

John Logan

+1(443) 676-6030
Listed by Ann Holtz • Coldwell Banker Realty
$ 2,399,000
Est. payment /mo
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Price Dropped by $570K

1113 HEALTHWAY Salisbury, MD 21804

2.01 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWC2022082

Year Built 2017

Annual Tax Amount $50,285

Tax Year 2025

Lot Size 2.012 Acres

Acres 2.01

Lot Dimensions 0.00 x 0.00

Property Sub-Type Office

Source BRIGHT

Property Description

Fully leased two story building right off Rt. 50 . Zoned Light Business and Institutional and is located in an Opportunity Zone in downtown Salisbury. Triple A tenants include Purdue which takes the entire second floor and Coastal Hospice and a dermatologist occupy the first floor. Over 100 parking spaces.
Top of the line VRF HVAC system installed in 2016.Cementious siding, All exterior trim is composite. LED lighting throughout. conference rooms, numerous private offices, break room, and two sets of his/hers restrooms on each floor. All leases long term with options and are NNN. Leases will be disclosed with a signed NDA
This building is priced to sell at 7.25 cap rate

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning LB1

Interior

Hot Water Electric, Multi-tank

Heating Other

Cooling Other

Flooring Wood, Luxury Vinyl Tile, Partially Carpeted

Heat Source Other

Exterior

Garage Spaces 127.0

Utilities Available Electric Available, Multiple Phone Lines

Water Access N

Roof Type Architectural Shingle

Accessibility 2+ Access Exits, 36\"+ wide Halls, 32\"+ wide Doors, Kitchen Mod, Mobility Improvements

Total Parking Spaces 127

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2305129711

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

John Logan

John Logan

Team Leader | License ID: 661163

+1(443) 676-6030

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1113 HEALTHWAY