Salisbury, MD 21801,545 RIVERSIDE DR
Salisbury, MD 21801,545 RIVERSIDE DR
Salisbury, MD 21801,545 RIVERSIDE DR
Listed by Michael Dunn • Keller Williams Realty of Delmarva-Salis
Bought with Bret Davis • Keller Williams Realty of Delmarva-Salis
$970,000
Est. payment /mo
$995,000
2.5%
Est.Price: ?

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1.76 Acres Lot
SOLD DATE : 08/17/2020

Key Details

Sold Price $970,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDWC106226

Sold Date 08/17/20

HOA Y/N N

Year Built 1977

Annual Tax Amount $16,156

Tax Year 2020

Lot Size 1.765 Acres

Acres 1.76

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Location, Location, Location!!! If you've been looking for income properties in this market, you know by now that very few are currently available.... Especially if you are looking for a well located property like this one which is conveniently located near PRMC, SU, the Downtown and a dense population of housing! The in-line spaces to the rear are fully leased. The free-standing building is currently available and could be occupied by an Owner / Investor or offers the potential for additional lease income. There is also additional income for a portion of the parking lot ad drive through that is leased to Hebron Savings bank who is situated next door to the center. This is a nicely maintained center that is very well located, has a good tenant mix, a large parking lot and has been home to many successful businesses through the years! Great opportunity to buy an investment with upside potential! Call or email the listing agent for Income and Expense information, etc!

Location

State MD

County Wicomico

Area Wicomico Southwest (23-03)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Other

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 70.0

Water Access N

Street Surface Black Top

Accessibility Level Entry - Main

Road Frontage Public

Total Parking Spaces 70

Garage N

Building

Lot Description Cleared, Road Frontage

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 13-039968

Ownership Fee Simple

Acceptable Financing Conventional, Cash, Exchange

Listing Terms Conventional, Cash, Exchange

Financing Conventional,Cash,Exchange

Special Listing Condition Standard

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Michael Tyszka

Michael Tyszka

+1(856) 264-5614

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