RUSSELL FIRESTONE
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202-271-1701
RUSSELL FIRESTONE
RUSSELL FIRESTONE
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
ACTIVE

$1,090,000

111 OLIVE ST, Salisbury, MD, 21801

22
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
Courtesy of: Rinnier Development Co
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801
111 OLIVE ST, Salisbury, MD, 21801

Information

Price: $1,090,000
Days On Market: 550
Year Build: 1968

Details

Address: 111 OLIVE ST
County: Wicomico
City: Salisbury
Zip: 21801
State: Maryland

Taxes

Tax Year: 2022
Tax Amount: $5,886

Description

Rare Industrial property comprised of Warehouse and Office. Priced, well below replacement at just $30 PSF. Simply put, you can’t construct this type of building for anywhere near that price. Building has been upgraded with newly renovated office spaces and entry ways, brand new windows throughout, extensive exterior renovations utilizing Aztek, 5 overhead doors ( w/ drive in, 2 dock high), freight elevator and fully fenced in yard. There is also professionally installed low voltage cable plant throughout the complex for telephone, data, CCTV, Wi-Fi and Audio Video. Property is perfect for an investor or owner operator. If you wish to operate your business here, you can enjoy some income to help you offset the mortgage payment. Property is currently producing $54,600 (approx.) in income. The income is generated by 3 tenants who occupy approximately 14,000 of the building. The current owners occupy the remaining 25,000 SF. The current owners have said they would consider a lease back, in the event that an investor purchased the building. This would help give the buyer time to find a tenant for the space. The possibilities are endless for this deal and this building. This type of product is hard to find right now. Sale includes 111 Olive St. and 108 Cherry St.

Location

Map

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Print Details
Courtesy of: Rinnier Development Co Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 26th January, 2023 8:51 PM (UTC)