Address
610 Beam Street Salisbury, MD
Price
$ 1,495,000
Property Attributes
  • MLS#MDWC108568
  • TypePending
  • CountyWICOMICO
  • CitySalisbury
  • AreaWicomico Northwest
  • NeighborhoodNONE AVAILABLE
  • Zip21801
  • StyleWarehouse,Manufacturing
  • Year Built1986
  • Taxes$ 26475
  • Price$ 1,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage22729
  • Lot Size4.34 Acres
Listing Provided Courtesy Of:
ERA Martin Associates
Data Source:
Bright MLS
Property Description

610 Beam Street offers 22,700+ square feet of "clean" well cared for and maintained office, manufacturing & assembly space, with potential for expansion on this 4.34 acre parcel in Salisbury's Northwood Industrial Park. Invest in this fully occupied property with tenants that have been in place for 20+ years or plan for your future use if you would like to add space or occupy via our tenant relocation services. This desirable investor property offers an attractive CAP rate. Current tenants of 20+ years have renewed in 2019 with 4 and 5 year leases with gross income of $123,263. Building is 100% leased with tenants paying NNN expenses. Low maintenance building has had many recent improvements and updates. Site offers 4.34 acres with room for building expansion, additional parking or yard storage & rail access possibilities.

Price History
6/19/2020 Listed $1,495,000

General Features

Acceptable Financing Exchange
Accessibility Other
Building Features Sprinkler System
Business Type Warehouse, Manufacturing
Construction Materials Concrete
Cool Fuel Electric
Cooling Central A/C
County WICOMICO
Days on Market 282
Electric 3 Phases
Flooring Other
Heating Other
Legal Subdivision NORTHWOOD LP
MLS Area Wicomico Northwest (23-01)
Municipality Salisbury
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 65.78
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Very Good
Roof Metal
Sewer Public Sewer
Subdivision Name NONE AVAILABLE
Tax Annual Amount 26475.0
Tax Lot PAR 2
Tax Year 2020
Utilities Natural Gas Available, Under Ground
Vacation Rental Y/N No
Water Access Y/N No
Zoning IP

Interior Features

Central Air Y/N Yes
Clear Span Ceiling Height 10' to 12', 15' to 18', 8' to 10'
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Office Sqft 7284

Exterior Features

Building Area Total 22729.00
Car Parking Spaces 15
Fencing Y/n No
Foundation Details Slab
Lot Dimensions 0.00 x 0.00
Lot Features Cleared
Lot Size Acres 4.34
Lot Size Source Assessor
Lot Size Square Feet 189138.00
Navigable Water Y/N No
Total Parking Spaces 20
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 21801

Price
AVG $260K
$1.5M
Taxes
AVG $2,401
$26,475
Visits
AVG 63
228
Year Built
AVG 1974
1986
Walkscore
AVG 31
2
Data Provided by Walkscore ® not using MLS data

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