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Listed by Matthew Trader • Rinnier Development Co

$1,090,000

Est. payment - /mo

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1.04 Acres Lot

Active

111 OLIVE ST Salisbury, MD 21801

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Huseyin Jay Tatar

htatar@roglegend.com +1(973) 910-0535

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWC2020668

Year Built 1968

Tax Year 2025

Lot Size 1.040 Acres

Acres 1.04

Lot Dimensions 0.00 x 0.00

Property Sub-Type Industrial

Source BRIGHT

Property Description

Rare Industrial property comprised of Warehouse and Office. Priced, well below replacement at just $30 PSF. Simply put, you can't construct this type of building for anywhere near that price. Building has been upgraded with newly renovated office spaces and entry ways, brand new windows throughout, extensive exterior renovations utilizing Aztek, 5 overhead doors ( w/ drive in, 2 dock high), freight elevator and fully fenced in yard. There is also professionally installed low voltage cable plant throughout the complex for telephone, data, CCTV, Wi-Fi and Audio Video. Property is perfect for an investor or owner operator. If you wish to operate your business here, you can enjoy some income to help you offset the mortgage payment. This would help give the buyer time to find a tenant for the space. The possibilities are endless for this deal and this building. This type of product is hard to find right now. Sale includes 111 Olive St. and 108 Cherry St.

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning COMMERCIAL INDUSTRIAL

Interior

Hot Water Other

Heating Other

Cooling Central A/C

Heat Source Other

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Ownership Fee Simple

Special Listing Condition Standard

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Huseyin Jay Tatar

Broker Associate License ID: 1223184

+1(973) 910-0535

111 OLIVE ST Salisbury, MD 21801

Huseyin Jay Tatar

Key Details

Location

Interior

Exterior

Building

Schools

Others

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111 OLIVE ST