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Listed by Chris Davis • NAI Coastal
$5,490,000
Est. payment /mo
3.73 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWC2021598
Year Built 1986
Annual Tax Amount $80,615
Tax Year 2025
Lot Size 3.730 Acres
Acres 3.73
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investment opportunity in Salisbury, MD located in an opportunity zone. This two-story hotel features 96 rooms. Capital improvements include major renovations to rooms, roof, all interior hallways and FF&E. Located on US Route 13 in Salisbury's primary commercial corridor. 8 miles from Salisbury Regional Airport and close proximity to beaches. Contact broker for financials and P&L statements.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning GC
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 150.0
Water Access N
Accessibility Other
Total Parking Spaces 150
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2305095565
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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