2203 Marvel Road

SALISBURY, MD 21801
  • $999,000
  • STATUS: Active
  • ON SITE: 59 days
  • ID#: MDWC104832
UPDATED: 1 min ago
$999,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Manufactured Home
Built:
1972
County:

School Ratings & Info

Description

100% leased light-industrial flex building in the Northwood Industrial Park. The property has a good rental history with it being 100% occupied (not including tenant turnover period) over the last 10 years. The property is currently divided into 5 units but could easily be changed to accommodate future tenants. Block exterior construction with studded dividing walls on the interior. The property is being professionally managed so this investment could easily work for an out of town investor/owner, or a local investor could manage it themselves and increase the net income and the return on investment. The zoning is light industrial with a wide array of allowable uses.

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©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-21T21:52:15.42.
www.teamsordelet.com/homes/98204683

2203 Marvel Road SALISBURY, MD 21801

  • Price: $999,000
  • Status: Active
  • Updated: 1 min ago
  • ID#: MDWC104832
0
Beds
0
Baths
0
½ Baths
1.6
Acres
1972
Built
Neighborhood:
Wicomico Northwest (23-01)
County:
Wicomico
Area:
Wicomico Northwest (23-01)
School District:
Wicomico County Public Schools
Property Description
100% leased light-industrial flex building in the Northwood Industrial Park. The property has a good rental history with it being 100% occupied (not including tenant turnover period) over the last 10 years. The property is currently divided into 5 units but could easily be changed to accommodate future tenants. Block exterior construction with studded dividing walls on the interior. The property is being professionally managed so this investment could easily work for an out of town investor/owner, or a local investor could manage it themselves and increase the net income and the return on investment. The zoning is light industrial with a wide array of allowable uses.
Exterior Features

Construction Materials Block Garage YN No Parking Types Off StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

Interior Features

Building Area Total 18000.00 Cooling Central A/CDuctless/Mini-SplitHeat Pump(S) Heating Forced Air Heating YN Yes Net Square Feet 18000.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2019 Association YN No Business Type Auto RelatedFlexManufacturingWarehouseOther Central Air YN Yes Cooling Fuel Electric Ground Rent Payment Frequency Annually Heating Fuel Propane - Owned Hot Water Electric Incorporated City Name Salisbury Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 301982995972 Ownership Interest Fee Simple Possession Settlement Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 12662.0 Tax Assessment Amount 622233.0 Tax Lot 110 Vacation Rental YN No Water Source Public Zoning Li

Listing courtesy of Svn/Miller Commercial Real Estate.
©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-10-21T21:52:15.42.
 
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