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820 E MAIN STREET, SALISBURY, MD 21801
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$380,000
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Home Details for 820 E MAIN STREET
Price
$380,000
Type
Commercial/Industrial
Year Build
1973
Lot Size
0.22
County
WICOMICO
Tax
$6,645
MLS®️ Listing#
MDWC2015338
On exitrealty.com
330 days
Property Description
820 E Main currently an income property that an investor can take advantage of upside by leasing the remaining 1250 sf suite and increasing income or for a business owner to occupy the vacant space in suite 3 while collecting income from tenants. The building was once occupied by one tenant until 2020 when the building was renovated and split into 3 suites in 2020. The building is well maintained and easily self managed. Current lease is NN with tenant paying taxes and CAM while owner is responsible for property insurance. 66% Occupancy, current NOI: $23,394. Pro-forma NOI: $37,746.
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Listing Courtesy: SVN |Miller Commercial Real Estate - 410-543-2440
Last Updated: 2025-01-30 13:46:17
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