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1607 Northwood DriveSalisbury, MD 21801Sale Price: $1,250,000

  • Sale Price: $1,250,000
  • 467 Days Since Sale
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Federal 30-year interest rate: 6.65% last updated on Mar 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $1,250,000List Price
  • 1.92Acreage
1607 Northwood Drive Salisbury MD 21801
1607 Northwood Drive Salisbury MD 21801

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Recently renovated 15,000 sf flex building with fenced yard. The roof is 4 years old with an extended warranty. 5 tenant spaces ranging rom 1930 - 5166 SF. There is currently one end cap vacancy (3,500 SF office and 1,666 SF warehouse with drive in) asking $7 PSF NNN. There are two loading docks on a common corridor. Fenced yard with automatic gate and ample on site parking. Extra lot available to expand or equipment storage or display or additional parking. The property is located in the Opportunity Zone - tax credits may be available! Projected CAP rate is 7.9% assuming vacancy is filled at $7.00 PSF. All leases are NNN.

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Listed by John McClellan of SVN |Miller Commercial Real Estate

Listing Sold by SVN |Miller Commercial Real Estate

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