712 Brown StSalisbury, MD 21804

Property Details for 712 Brown St

Year built

1940

Construction

BRICK

Lot size

0.78 AC

Property size (Sq ft)

18,760 SF

Zone code

L-I

Property type

Warehouses

APN

05-019990

APU

5019990

Description

This exceptional 18,640-square-foot industrial building presents a compelling investment opportunity in Salisbury, Maryland. Situated on a substantial 1.68-acre lot, this property boasts a prime location with excellent road frontage on both Naylor Street (385 feet) and Brown Street (335 feet). Originally designed as a warehouse and service distribution facility, the building features six convenient drive-in, drive-through overhead doors, facilitating efficient loading and unloading operations. The property is zoned City of Salisbury Light Industrial, offering versatility for a wide range of business uses. The building benefits from a robust 3-phase electrical service, ensuring reliable power for demanding operations. Currently generating $84,000 in annual gross income from month-to-month leases (which can be included or excluded in the sale), this property offers significant potential for immediate return on investment and future growth. An appraisal from W.R. McCain, dated June 17, 2024, is available for review. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Eastern Shore market. Additional details are available in the property data sheet.

• Alternative Use

  Use

  Valuation

  Residential

  $3,689,424

  Hospitality

  $3,379,493

  Educational

  $2,811,698

  Medical

  $2,908,397

  Retail

  $4,373,754

Location Insight

City

Salisbury

County

Wicomico

State

Maryland

Latitude

38.3731

Longitude

-75.5893

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].