INVESTMENT! INVESTMENT! INVESTMENT! This property consists of five existing areas. A full restaurant, an ice cream parlor, and three apartments. Additionally, there is a sixth area above the restaurant, currently used for storage, that could be an additional apartment. Restaurant: Full service restaurant with seating area, prep area, kitchen, and food storage area. Ice Cream Parlor: Area for seating, ice cream serving, and ice cream storage. Both business can open to one another via a doorway. Ice Cream Shoppe can also serve as overflow for restaurant and vice versa. Downstairs Front Apartment: Two bedrooms, kitchen, living room, and full bathroom. Most of this area is new in the last year or two. Currently the sellers use this area...but the front of the apartment also can open up to restaurant (if you choose) for restaurant overflow or special events. Or leave it closed off and rent to a tenant. Rear Downstairs Apartment: Includes two bedrooms, living room, bathroom, kitchen, paved parking. Upstairs Apartment: Includes two bedroom, living room, kitchen, and a bathroom. Waterview from almost every angle. Locate at the Crisfield Town Dock. Lots of pedestrian and vehicle traffic for your business. The local ferry can take travelers to and from Tangier or Smith Islands. Seller says they feel that if the three apartments were rented out to tenants...one could potentially get approx. $6,000-7,000 in rent a month. Or they apartments could be nice vacation rentals. There is so much potential with this property. According to the seller, the original building is from the 1880's and made of solid stone and rock from the era. Original building has been added on to over the years. This is one property you really have to see for yourself. Serious interest only please. The views of the Chesapeake Bay along will win you over. This is one opportunity you will not want to miss. Crisfield is expected to grow in future years and with the location of this property being ideal for anyone visiting the dock or downtown...this property presents great opportunities.
+/- 14.37 acres located adjacent to the Princess Anne, MD commercially-zoned Industrial Park on Park Drive. Located north of Route 13, this property is available for development for new or existing business development or expansion. Contact the listing agent for details!
Great LOCATION! 12.29+- acre WATERFRONT lot and island in Rumbley located on Drum Point Cove leading to the Chesapeake Bay. This property faces west for amazing sunset views!! The primary home is a 1,500 sq ft rancher over-looking the Manokin River and the private island with its approximate 750 ft of white, sandy beach. The home has three bedrooms and two full baths with an open-concept living and kitchen space. Renovations include 3/4' tongue and groove wooden floors, mini-splits for heat and air, and a Generac 22kW whole-house generator. Completion of renovations will make this home a perfect fit including plenty of space on the parcel to expand the size of the home. The shoreline in front of the house is reinforced with rip rap, and includes 15' perpendicular pier constructed using composite materials, an 8,000 lb electric boat lift, a clean-out station, electric and water supply, and an additional 11,000 lb boat lift ready for installation. Other improvements include a 13' x 42' "Crab Shack" (with solar panels) for indoor and outdoor social events, boat/RV storage shed, detached garage, and two additional storage sheds. There is one more septic system on the lot. (See documents or listing agent for septic inspection reports) In addition to the private location of this property, this retreat offers amazing views, a variety of wildlife to observe and enjoy, and provides plentiful opportunities for crabbing, oystering, fishing, and other recreational activities. Located within walking distance of the new Goose Creek Pit & Pub, marina, and the public boat ramp, there is plenty of opportunity to enjoy the community this area is so well-known for. Only 30 minutes to Assateague Island, an hour to West OC, and less than 60 miles to the Cape-May Lewes ferry, this waterfront retreat is the perfect get-away while being easily accessible. Property is being sold As-Is and the seller is planning to have all personal items removed from the property. ***You can download a video of the property by clicking the video icon at the top of the page.***
List price to be opening bid. Online auction to be conducted on Auctioneers website. Bidding begins Friday, May 10th & ends Wednesday, May 15th, 2024 @ 1:00 PM.. Improved by a 1 story, 24,222+/- SF Shopping Center. **Current Gross Monthly Scheduled Base Rent and CAM of $15,457.28** **Current Annual Gross Scheduled Rent of $185,487.36** Suite 1: 4,380+/- SF, $1,488/month plus $121.91 in CAM. Suite 3: 1,350+/- SF, $1,250/month plus $300.00 in CAM. Suite 6: 7,085+/- SF, $6,199/month plus $1,760.05 in CAM. Suite B: 2,775+/- SF, $3,681/month plus $416.25 in CAM. Storage: $240/month. There are approximately 90 surface parking spaces.
Completely remodeled 4 unit apartment building that can be divided into condominiums, or used as air bnbâs. Each unit has two bedrooms one bathroom and feature a garage. This total renovation features Granite countertops, stainless steel appliances, accent the all new flooring, electrical, heat/AC, roof, siding, garage doors, and many more upgrades. Close to the beach but far enough to enjoy the serenity of the shore.
Take a look at this waterfront commercial property less than half a mile from Salisbury University on BUS Rt13. This 8,720sqft building offers awesome exposure, signage opportunity and plenty of parking. Zoned C-2 General Commercial so a wide variety of uses are acceptable per the zoning code. This building has a large footprint and can be renovated into a great single use property or subdivided into multiple units. This property is also available for lease with buildout/renovation options negotiable.
The former Arby's is available for lease or purchase. Arby's ceased operation in Spring of 2023 due to health reasons but had been in business since 1987 catering to local watermen, fishermen, boaters, and tourists. All business has been cash only and generated organically with zero marketing/advertising. They also never sold cigarettes or lottery which has huge future income potential. Restaurant features a full bar, kitchen, outside seating and many refrigerators and coolers. There was a general store that could be restocked or converted into additional restaurant space. Property is fronted by county owned property and a public boat ramp.
Trax Deli! A Salisbury Deli legend! This one of a kind opportunity wont last.. Fully equipped with everything down to the furnishings and silverware. See Equipment list in documents section of listing. This long time restaurant has an established client base, great menu, excellent location and is NOW available for the next owner! Purchaser must qualify with LL to transfer the lease prior to purchase. Call Today!!
Cedar Crossing is a well located student housing portfolio for sale and has attractive assumable debt. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added. The portfolio consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washers and dryers. Addresses include: (units listed in the 'portfolio properties' are only 2 of the 58 total, see below for addresses:) 101-207 Cedar Crossing Rd.
SELLER IS MOTIVATED and has reduced price! RT 50 FRONTAGE, UTILITES ON-SITE! Commercial lots totaling +/- 12.42 acres available for purchase within Moore View Business Park in Salisbury, Maryland. Lots priced per acre - contact broker for details. Located east of the Route 50 / Route 13 interchange, this land is situated at the lighted intersection of Ocean Gateway and Walston Switch Road. With excellent visibility and highway frontage, Moore View Business Park is prime for office, warehouse, and/or retail development (fast casual restaurants, professional/medical office users, etc). Join Royal Farms, Arby's, WorWic Community College and more! Lot lines and acreage are an approximation - pending final subdivision. PRICE PER ACRE! Lot 3: $275,000 per acre; Lot 4: $215,000 per acre; Lots 5-6: $139,999 per acre.
A great opportunity for retail and/or office users in Salisbury, MD! This +/- 4,400 SF freestanding commercial building is situated along the RT 13 corridor directly between Salisbury University and TidalHealth's Peninsula Regional Hospital. Widely recognized as the longtime home of Kitty's Flowers (business relocating), this building is comprised of a retail showroom, offices and warehouse space with 8-ft ceilings throughout. There are two 200-240 SF chillers and a 6-ft garage door in the rear portion of the building. As you enter from the front (RT 13), you are greeted by a beautiful water fixture and a large, open retail area with plenty of natural light. As you progress through the building towards the rear, there are three private offices, an open shared workspace for employees, a break room and two separate restrooms. The property has two access points, one from RT 13 and the other from Roland Street.
Woodbrooke, Finished Lots Available, Lot #1-1.19 Acres Available for $350,000, Lot are completed with City of Salisbury Water and Sewer, Gas, Electric, Cable to the lot line, The site has regional storm water management, which allow each user to maximize the useable acreage. Join Peninsula Orthopedics and PMRC.
Woodbrooke, Finished Lots Available, Lot #2-4.17 Acres Available for $1,365,000.00 Lot are completed with City of Salisbury Water and Sewer, Gas, Electric, Cable to the lot line, The site has regional storm water management, which allow each user to maximize the useable acreage. Join Peninsula Orthopedics and PMRC.
13.96 +/- acres located at the corner of Hobbs Road and Route 50. Over 44,000 daily traffic counts, East of the bypass. City of Salisbury water and sewer. Can be subdivided down to 1.27 acres.
Fully Leased Investment property . Owner completed approximately 80K in exterior improvements in 2019 including new siding and stonework. National Tenant Anchor- National Veterinary Associates is operating as Johnson-McKee Animal Hospital. NVA completed over $200,000 in interior Tenant improvements in 2022 Roofs are professionally maintained. Parking lot was resurfaced in 2018. NOI = $162,155. Leases are available upon request. See documents tab for complete brochure.
Office suite B206, 1266 square feet with large reception area, private offices, bathrooms, break area, and conference room. The suite is part of the Riverside Professional Condominium a home to many professional and medical offices. The condo buildings have seen many upgrades in the last 18 months including new roof, and parking lot with the association caring for all exterior maintenance . Available for lease or sale.
Located in the heart of Salisbury, Maryland's Central Business District, this +/- 1,950 Square Foot property lends itself to a variety of uses. Located across from Salisbury's Riverfront and with over 400 feet of Riverside Drive frontage, the location sees a traffic count of 11,000 per day and additional close proximity to Route 50. In addition, the property features private parking, updates including roof and compressor, and included, functional kitchen equipment in a full kitchen space. This is a competitively priced opportunity for a qualified Owner/Operator or Investment Buyer!
Reign Shaking Seafood Restaurant- 10k sf of indoor restaurant space with a large bar, including a state of the art sound & lighting system and stage with entertainment area. Seller invested nearly $800k in buildout and this sale includes ALL FF&E at the time of sale!! The space also includes nearly 5000sf of outdoor fenced in area perfect for outdoor events with around 3000sf of concrete pad and seating for 50+ patrons. The owners have done updates to HVAC, installed ALL NEW kitchen equipment at lease commencement and built this space out with the highest level of finishing's including granite, tile and custom indoor seating. This is an absolutely perfect location for the next big entertainment venue on the Eastern shore of MD!! Call today to schedule your private tour.
