Salisbury, MD 21804,224 PHILLIP MORRIS (PHILMORE COMMONS)
Salisbury, MD 21804,224 PHILLIP MORRIS (PHILMORE COMMONS)
Salisbury, MD 21804,224 PHILLIP MORRIS (PHILMORE COMMONS)
Listed by Andrew Ball • SVN/Miller Commercial Real Estate
Bought with Andrew Ball • SVN/Miller Commercial Real Estate
$2,690,000
Est. payment /mo
$3,500,000
23.1%
Est.Price: ?

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SOLD DATE : 07/12/2023

Key Details

Sold Price $2,690,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDWC2006164

Sold Date 07/12/23

Year Built 1980

Annual Tax Amount $31,931

Tax Year 2022

Property Sub-Type Office

Source BRIGHT

Property Description

Large office complex with multiple tenant layouts
Approximately 2.5 acres of paved parking area and 4.25 acres of cleared land
5,500 Square feet of office space was recently completely renovated to Class A space
Entire complex has fire monitoring, there is an elevator for access to a majority of the second floor spaces and all areas are ADA compliant
Several tenants are in place with short term leases (rent roll available upon request)
Perfect opportunity for redevelopment
Three adjacent parcels along Philip Morris Drive (see documents tab) are available to increase the site size or provide additional ingress/egress

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning C

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Flooring Carpet, Vinyl

Heat Source Electric

Exterior

Garage Spaces 35.0

Water Access N

Roof Type Architectural Shingle

Street Surface US Highway/Interstate

Accessibility 32\"+ wide Doors

Road Frontage Public

Total Parking Spaces 35

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 108446

Ownership Fee Simple

Special Listing Condition Standard

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