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825 W Isabella Street

SALISBURY, MD 21801
  • $500,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: MDWC2004672
UPDATED: 53 min ago
$500,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

Well trafficked Gas Station and C-Store11 Year NNN lease in place with experienced operator$38,962.50 NOI Only Landlord expense is 1/2 the property taxesPhase 1 & 2 Environmental completed in 2017No fuel distribution agreement in placeTenant holds all licenses (alcohol/lottery) with no Landlord obligation10,000 gallon tanks2 additional lots with separate addresses3% annual increases begin June 2024

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dailey Group | Keller Williams Gateway. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-15T23:59:40.083.
www.thedaileygroup.com/homes/127804786
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825 W Isabella Street SALISBURY, MD 21801

  • Price: $500,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 53 min ago
  • ID#: MDWC2004672
0
Beds
0
Baths
0
½ Baths
1.1
Acres
1952
Built
Neighborhood:
Wicomico Northwest (23-01)
County:
Wicomico
Area:
Wicomico Northwest (23-01)
School District:
Wicomico County Public Schools
Property Description
Well trafficked Gas Station and C-Store11 Year NNN lease in place with experienced operator$38,962.50 NOI Only Landlord expense is 1/2 the property taxesPhase 1 & 2 Environmental completed in 2017No fuel distribution agreement in placeTenant holds all licenses (alcohol/lottery) with no Landlord obligation10,000 gallon tanks2 additional lots with separate addresses3% annual increases begin June 2024
Exterior Features

Construction Materials Block Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1599.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 1599.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Auto RelatedConvenience Store/Gas Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Municipality Salisbury Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801474743712 Ownership Interest Fee Simple Possession Settlement Property Sub Type Special Purpose Sale Type Standard Sewer Public Sewer Tax Annual Amount 1275.00 Tax Assessment Amount 76600.00 Vacation Rental YN No Water Source Public Zoning C-3

Listing courtesy of Svn/Miller Commercial Real Estate.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dailey Group | Keller Williams Gateway. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-15T23:59:40.083.
 
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