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$860,000
Est. payment /mo
4,000 SqFt
UPDATED:
02/06/2025 06:59 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $215
Subdivision None Available
MLS Listing ID MDWC2016644
Originating Board BRIGHT
Year Built 1985
Annual Tax Amount $9,706
Tax Year 2024
Property Description
South Division Professional Center is a 100% occupied commercial investment property available for sale. The property is well maintained and features 3 units, each with a NNN lease. Occupied by leading financial services firm Edward Jones, leading regional title company Sage Title Group and medical office Step Up from Grace, the property produces a steady and reliable income stream. The property is in a desirable location with heavy foot & vehicle traffic, and demand for leased space has remained strong for many years. With frontage on South Division St., the property is located less than 1/2 mile off of Rt 13 South, just south of Salisbury University. It is well situated in between professional and medical offices located on Milford and Power Streets.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning C
Interior
Hot Water Other
Heating Central
Cooling Central A/C
Heat Source None
Exterior
Water Access N
Street Surface US Highway/Interstate
Accessibility Level Entry - Main
Road Frontage Public
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Listed by Meredith M. Mears • SVN/Miller Commercial Real Estate