Selea Andrews - Coachman Properties Logo
$450,000
( $78.77Per Sq Foot )
 $2,416 est/mo Sourced by Back At You

1324 Belmont Ave #105a,SALISBURY, MD 21804

SALISBURY, MD 21804

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Description

Located within the well-maintained East Park Professional Park, this fully leased office suite offers a compelling investment offering with in-place income and attractive cap rate potential, turnkey investment opportunity. The property is leased to Chesapeake Hearing Centers, a recognized regional provider, on a new five-year term with rent commencing June 2026, providing investors with stable, predictable income. The suite features a functional and flexible layout, including multiple private offices, a large conference room, three separate entrances/exits, and an open workspace designed for collaborative use. Currently being remodeled, the space is ideally suited for medical or professional office users. Positioned within a desirable professional park setting, this asset combines strong tenancy, quality improvements, and long-term income security, making it an attractive addition to any investment portfolio. 7.34% Cap Rate - 5 Year Lease in place

Details

MLS #MDWC2022528
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year2006
Days On Site151
Listing Provided BySVN/Miller Commercial Real Estate | Trent M Spicer-Davis

Features

Units1
ZoningLB1
Acreage0.05

Interior

CoolingOther
Heating Yes / NoYes
HeatingOther

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount9224

Area Information

StateMD
CountyWICOMICO MD
CitySALISBURY
Zip Code21804
AreaWicomico Northeast (23 02)
School DistrictWICOMICO COUNTY PUBLIC SCHOOLS
Listing VS Median (in 21804)
Price:
$450,000
low | high
Med:
$264,950
91.122222222222% of Average
On site:
151
low | high
Med:
120
100% of Average
Sourced by Back At You

Market Activity 21804

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Additional Information

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Contact

Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StateMD
CountyWICOMICO MD
CitySALISBURY
Zip Code21804
AreaWicomico Northeast (23 02)
School DistrictWICOMICO COUNTY PUBLIC SCHOOLS
Listing VS Median (in 21804)
Price:
$450,000
low | high
Med:
$264,950
91.122222222222% of Average
On site:
151
low | high
Med:
120
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $337K - $562K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1324 BELMONT AVE #105B Property Photo 1
$470,000
1324 Belmont Ave #105b
Salisbury, MD 21804
Listing Updated: August 27, 2026 at 5:51:37 PM PDT

Selea Andrews - Coachman Properties