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501 W Main Street

SALISBURY, MD 21801
  • $1,200,000
  • STATUS: Active
  • ON SITE: 99 Days
  • ID#: MDWC2000314
UPDATED: 19 min ago
$1,200,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

This Building has a long and steady rental history with 2 very successful restaurants on the first floor. The restaurants are in long term leases, and one has been through a recent renovation. There are 26 parking spots onsite, and a city lot across the street. The building has incredible river views, and close to downtown, city parks, and all of the amenities. Upstairs is an extremely successful AirBnB business. The 4 uniquely designed industrial lofts covering the upper 5,000 sq ft. each has water views. The Current Owners are in the top 1% of all AirBnB's.

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©2021 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 accurate by the MLS or The Rhonda Frick Team | Long & Foster Real Estate. 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: 2021-10-15T19:52:50.493.
www.rhondafrick.com/homes/119075589
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501 W Main Street SALISBURY, MD 21801

  • Price: $1,200,000
  • Status: Active
  • Updated: 19 min ago
  • ID#: MDWC2000314
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1927
Built
Neighborhood:
Wicomico Northwest (23-01)
County:
Wicomico
Area:
Wicomico Northwest (23-01)
School District:
Wicomico County Public Schools
Property Description
This Building has a long and steady rental history with 2 very successful restaurants on the first floor. The restaurants are in long term leases, and one has been through a recent renovation. There are 26 parking spots onsite, and a city lot across the street. The building has incredible river views, and close to downtown, city parks, and all of the amenities. Upstairs is an extremely successful AirBnB business. The 4 uniquely designed industrial lofts covering the upper 5,000 sq ft. each has water views. The Current Owners are in the top 1% of all AirBnB's.
Exterior Features

Construction Materials Brick Garage YN No Location Type Downtown Lot Features Additional Lot(S) Parking Features Private Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Roof Flat View RiverPark/Greenbelt Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Building Area Total 5044.00 Cooling Central A/C Flooring HardwoodWoodVinyl Heating Forced Air Heating YN Yes Net Square Feet 10088.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Restaurant/BarApartment Building Central Air YN Yes Cooling Fuel Electric Elevators 0 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Salisbury Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 800814980820 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6902.00 Tax Assessment Amount 342567.00 Tax Lot Par 1 Utilities Cable Tv AvailableElectric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2014 Zoning Cbd

Listing courtesy of Re/Max Advantage Realty.


©2021 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 accurate by the MLS or The Rhonda Frick Team | Long & Foster Real Estate. 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: 2021-10-15T19:52:50.493.
 
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