239 Leonard Lane, Salisbury, MD
Industrial for Sale - $325,000 - 8,960 Sq. Ft. on 1.18 acres
Property Info
| CIMLS# | 708203 |
| Location 239 Leonard Lane Salisbury MD 21801 | |
| Updated | July 3rd, 2018 |
| Type | Industrial |
| Price | $325,000 |
| Building | 8,960 Sq. Ft. |
| Land | 1.18 acres |
Property Description
Warehouse w/office for sale in the Northwood Industrial Park. Currently divided into 4 units of warehouse w/small office area. All units have concrete slab flooring with a 14' roll-up door (4 doors total). Great opportunity for user / investor. Gas space heaters in the shop areas and electric baseboard in the office areas. New well July 2017.
Location Description:
County location, no city taxes. Just off Northwood Drive and the Northwood Industrial Park. Offers easy access to US Rt. 13, US Rt. 50 and the US Rt. 50 bypass. The Northwood Business Park is home to approximately forty manufacturers employing nearly 3,000 people.
Highlights:
>> 8,960 sq.ft. warehouse on 1.18 acres
>> Divided into 4 units offering shop w/small office area
>> 14' Overhead doors for each Unit.
>> New well July 2017.
>> County location - no city taxes
* Email for additional photos
Financials
Sales Info:
>> Cap rate: 8.73%
>> Commision split: 10.0%
>> NOI: $28381
