1520 S SALISBURY BLVD Under Contract

Salisbury,MD 21801

$ 1300000

- Bed

- Bath

8720 SqFt


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

SEE DOCUMENTS SECTION OF LISTING FOR SURVEY, DATA SHEET AND ZONING CODE--
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

Water Access N

Accessibility 32\"+ wide Doors

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

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