Salisbury, MD 21801,1525 EDGEMORE AVE
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Salisbury, MD 21801,1525 EDGEMORE AVE
Salisbury, MD 21801,1525 EDGEMORE AVE
Salisbury, MD 21801,1525 EDGEMORE AVE
Salisbury, MD 21801,1525 EDGEMORE AVE
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Listed by Andrew Ball • SVN/Miller Commercial Real Estate
$ 460,000
Est. payment /mo
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Price Dropped by $28K

1525 EDGEMORE AVE Salisbury, MD 21801

5,504 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 5,504 sqft

Price per Sqft $83

MLS Listing ID MDWC2017312

Year Built 1956

Annual Tax Amount $4,645

Tax Year 2024

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

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.

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning GC

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 4.0

Water Access N

Accessibility 2+ Access Exits, 32\"+ wide Doors

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2309049312

Ownership Fee Simple

SqFt Source Estimated

Security Features Exterior Cameras

Special Listing Condition Standard


Bright MLS (BMLS)
agent

Riju Kaistha

REALTOR® Sales Associate, ABR®

+1(609) 240-5479

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1525 EDGEMORE AVE