404 Snow Hill Road Salisbury, MD ^$ 1,700,000

404 Snow Hill Road

^$ 1,700,000

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404 Snow Hill Road

Salisbury, MD, 21804

^$ 1,700,000

Studio Baths0.0 Sq 11,150

Monthly Estimate*

^$ 11,875

404 Snow Hill Road, Salisbury, MD 21804 - Image 1

404 Snow Hill Road, Salisbury, MD 21804 - Image 2

404 Snow Hill Road, Salisbury, MD 21804 - Image 3

404 Snow Hill Road, Salisbury, MD 21804 - Image 4

404 Snow Hill Road, Salisbury, MD 21804 - Image 5

404 Snow Hill Road, Salisbury, MD 21804 - Image 6

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Studio

Commercial Property for sale in Salisbury, MD

for $1,700,000. This 11,150 square foot building was built in 1981 on a lot size of 1.72.

Fully Leased Investment property . Owner completed approximately 80K in exterior improvements in 2019 including new siding and stonework. National Tenant Anchor- National Veterinary Associates is operating as Johnson-McKee Animal Hospital. NVA completed over $200,000 in interior Tenant improvements in 2022 Roofs are professionally maintained. Parking lot was resurfaced in 2018. NOI = $162,155. Leases are available upon request. See documents tab for complete brochure.

Commercial Active

Price

^$ 1,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,106

Style

Vet/Kennel

Lot Size

1.72

Year Built

1981

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2009332

Features

Interior

Heating Fuel Electric

Hot Water Other

Heating Y/N Y

Street Suffix ROAD

Central Air Y/N N

General

Sewer Public Sewer

Heating Other Heat Pump(s)

Cooling Other

Utilities Electric Available Cable TV

Possession Settlement

Roof Shingle Flat

Zoning C2

Security Features Security System

Construction Materials Mixed

Year Built 1981

Property SubType Mixed Use

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Business Type Vet/Kennel Other

Accessibility Other

County WICOMICO

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Going east on Snow Hill Road property is on your right and across from Back Street Grill.

City SALISBURY

Buyer Agent Compensation 2.5

Total Units 3

MLS Area Wicomico Southeast (23-04)

Lot Size Square Feet 74923.20

Waterfront Y/N N

Street Name SNOW HILL

Tax Annual Amount 10106.0

Property Condition Excellent

Price Per Sq Ft 206.06

Acceptable Financing Conventional Cash

Lease Considered Y/N N

Vacation Rental Y/N N

Virtual Tour https://youtu.be/BwV47QrnsNw

Days on Market 320

Standard Status Active

Year Built Source Estimated

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Parking Lot On Street

Water View Y/N N

Building Area Total 8250.00

Lot Size Acres 1.72

Lot Size Units Square Feet

Lot Size Source Estimated

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 404

* Excluded Features

List By

Svn/Miller Commercial Real Estate

Broker

andy.ball@svn.com

Affordability Calculator

$12,717

Per Month

Monthly Principal & Interest: $11,875
Monthly Property Taxes: $842
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Salisbury, MD

Average List Price ^$824,802

Percent of Sale Price 51%

About Salisbury, MD

30,583 Population

17% Since 2002

^$39,846 Median Income

32.53 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$1,700,000	-15.00%	Price Down
4/27/2023	$2,000,000		Listed Price

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404 Snow Hill Road, Salisbury, MD, 21804 is a Commercial Property for sale at $1,700,000 with 11,150 sqft and a lot size of 1.72. 404 Snow Hill Road is a studio with 0.0 baths and was built in 1981. The property's zip code is 21804 which is in Salisbury, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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404 Snow Hill Road

Commercial Property for sale in Salisbury, MD

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