UPDATED:
08/27/2024 06:36 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Under Contract
Purchase Type For Sale
Square Footage 8,720 sqft
Price per Sqft $149
MLS Listing ID MDWC2014584
Originating Board BRIGHT
Year Built 1974
Annual Tax Amount $10,425
Tax Year 2024
Lot Size 1.469 Acres
Acres 1.47
Lot Dimensions 0.00 x 0.00
Property Description
Beautifully situated 1.47 acre commercial C-2 zoned parcel fronting on South Salisbury Boulevard. Wicomico Country C-2 Zoning offers multiple development options with no City Taxes! ---
Located In A Prime, Highly Desirable Retail-Service Demographic---
No City Inventory Taxes---
Waterfront Views---
Close to Salisbury State University ---
3 Minutes from Tidal Health Regional Hospital ---
20,000 - 30,000 Average Daily Traffic Counts ---
Location and Surrounding Residential Demographic: “Location, location, location” is the
calling card for this property. The main attraction of the property is that it is located along the
primary north-south traffic artery within the most desirable, high density retail-service hub in the
greater Salisbury area along South Salisbury Boulevard. It is surrounded by a dense population
of high quality single family and multi-family residential rooftops in front of, and behind, the
Salisbury State University campus on both sides of the highway. ---
Property Size And Parking: Parcel is 64,011 square feet in size or 1.47 acres. Onsite building
is one and a half stories and is 8,720 square feet in size. Current parking lot striping allows for
approximately 71 parking spaces.---
Zoning: Wicomico County C-2 Commercial. See the list of allowable uses as documented in the
brochure and attached to the website under the “documents” tab.---
Tax Advantages Of Location: This property is located within Wicomico County but is just
outside the municipal boundaries of the City Of Salisbury. Because of this there is no City of
Salisbury property tax or inventory tax assessed for this property, which can be a considerable
savings.---
Average Daily Traffic Counts: Approximately 25,000 - 35,000 daily ADT.---
Electrical Utility: Delmarva Power is the electrical service provider.---
Water and Sewer Utilities: Sewer to property is provided by a municipal sewer connection via
an Urban Service District agreement with the City of Salisbury. Water is provided by an onsite
well connection.---
Building Status: While: the building is structurally sound, it suffered a fire several years ago
and the interior had significant damage Given the current condition most uses will likely require
demolishing and removing the building.---
Waterfront Access: The property has a marvelous waterfront view but it does not have access
rights to enter into the Tony Tank Lake watershed. Access rights for all properties surrounding
the lake end at the waterline.---
Environmental Status: It is represented that there are no underground storage tanks on site
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning C
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 71.0
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors
Parking Type Parking Lot
Total Parking Spaces 71
Garage N
Building
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2313010943
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
"My goal for each transaction is to give my buyers the information they need to make good decisions regarding neighborhoods, housing choices, pricing and negotiating the purchase."