1525 EDGEMORE AVENUE

SALISBURY , MD 21801

MLS#: MDWC2017312

$460,000

Status: Active
Listing number: MDWC2017312
Listing provided by: SVN/Miller Commercial Real Estate
Listing agent phone: None
Last update: 27 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1956

Sq.Footage

N/A

BACK ON MARKET, due to previous buyers inability to qualify for financing. Warehouse, office and an additional pole barn on one parcel. -Perfect for a contractor or similar use, with office warehouse combo, a small yard and pole shed. -The pole shed is +/- 30' x 30' and unconditioned. -Occupy the rear office/warehouse and enjoy $2,450 in income from the front tenants. -Leases have an optional 30 day, termination upon sale provision. -Approximately half of the building is leased, year to year, to a large church who pays their separately metered utilities & $1150/month gross. Two other small tenants pay $1300.00/month gross. -Great location with easy access to business Rt. 13, the Rt. 13 bypass, and Rt. 50. -Concrete block exterior with new roof, and sealed and painted exterior in 2024. New LED lights in 2023, slashing electric bills by more than half. -See documents tab for the leases, floor plan and an outline of the unoccupied space.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Heat Pump, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.7

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $460,000

  • Tax Amount

    4645.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Accessibility Features

    Accessible Doors

  • Sewer

    Public Sewer

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Location

County

WICOMICO

Elementary School

Middle School

High School

Listing Courtesy of Andrew Ball , SVN/Miller Commercial Real Estate

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BACK ON MARKET, due to previous buyers inability to qualify for financing. Warehouse, office and an additional pole barn on one parcel. -Perfect for a contractor or similar use, with office warehouse combo, a small yard and pole shed. -The pole shed is +/- 30' x 30' and unconditioned. -Occupy the rear office/warehouse and enjoy $2,450 in income from the front tenants. -Leases have an optional 30 day, termination upon sale provision. -Approximately half of the building is leased, year to year, to a large church who pays their separately metered utilities & $1150/month gross. Two other small tenants pay $1300.00/month gross. -Great location with easy access to business Rt. 13, the Rt. 13 bypass, and Rt. 50. -Concrete block exterior with new roof, and sealed and painted exterior in 2024. New LED lights in 2023, slashing electric bills by more than half. -See documents tab for the leases, floor plan and an outline of the unoccupied space.

1525 EDGEMORE AVENUE

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