1324 BELMONT AVE #105A, Salisbury, MD 21804
1324 BELMONT AVE #105A, Salisbury, MD 21804
1324 BELMONT AVE #105A, Salisbury, MD 21804
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Listed by Trent Spicer-Davis • SVN/Miller Commercial Real Estate
$450,000
Est. payment /mo
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2,359 Sqft Lot
New

1324 BELMONT AVE #105A Salisbury, MD 21804

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWC2022528

Year Built 2006

Annual Tax Amount $9,224

Tax Year 2025

Lot Size 2,359 Sqft

Acres 0.05

Lot Dimensions 0.00 x 0.00

Property Sub-Type Office

Source BRIGHT

Property 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

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning LB1

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 60.0

Water Access N

Accessibility Entry Slope <1', No Stairs, Level Entry - Main, 2+ Access Exits

Total Parking Spaces 60

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2305124174

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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1324 BELMONT AVE #105A

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