Description
Income producing property located on Main Street in Salisbury, with easy access to Route 50 and Route 13.
Net Income is approximately $36,000 which equates to a 9% Cap Rate offering. This property is perfect for an investor looking for an income producing opportunity or to satisfy a 1031 Exhcange. Stabilized tenants in place. Century 21 has been a long-term tenant and just signed a lease extension. Adjacent space has been freshly renovated by RX Tattoo who just signed a new lease last year. Owner recently installed brand new HVAC units.
Location
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$267,500
3 Beds
2 Baths
2,982 Sq ft
MLS# MDWC2008128
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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: 27th January, 2023 4:09 PM (UTC)
