1628 Salisbury BlvdSalisbury, MD 21801

  • Retail properties
  • 4,794 SF
For Lease

Property Details for 1628 Salisbury Blvd

Year built
1997
Construction
BRICK
Lot size
2.24 AC
Property size (Sq ft)
4,794 SF
Zone code
GC
Property type
Retail properties
Property subtype
Auto shops
APN
09-054111
APU
9054111

Description

This single-story, 18,560-square-foot retail building located at 1628 N Salisbury Blvd in Salisbury, Maryland, presents a unique investment opportunity. Constructed in 1997, the property sits on a single building in Wicomico County and currently features a single tenant, Pep Boys, operating under a long-term ground lease. The existing Pep Boys operation occupies a portion of the building, focusing on tire and auto repair services. However, a significant portion of the building, totaling 9,735 square feet, is currently vacant and available for lease. This vacant space offers considerable flexibility for a variety of uses. Potential tenants could include medical facilities (dialysis centers, plasma centers), childcare centers, pet daycares, discount retailers, furniture stores, tool and hardware stores, or automotive-related businesses that do not directly compete with the existing Pep Boys tire and repair services (e.g., collision centers, auto glass repair shops, or auto parts stores that focus on a different niche). The building's size allows for flexibility, with spaces ranging from approximately 3,200 to 11,500 square feet. Negotiable cash allowances may be available for suitable tenants, contingent upon a rent structure that ensures a reasonable return on investment for property improvements. This property offers a strong location in Salisbury, Maryland, with excellent visibility and access.

1628 Salisbury Blvd, Salisbury, Maryland

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.3839
Longitude
-75.5842
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,475
-
-
$883,967
-
$443,100
$449,200
$892,300

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