Short Sale
Listed By:
Whitney-Wallace Commercial
Address
945 and 947 Mount Hermon Rd # 945 & 947, Salisbury, MD
Price
$ 499,000
Property Attributes
  • MLS#MDWC2009718
  • TypeContingent
  • CountyWICOMICO
  • CitySalisbury
  • AreaWicomico Southeast
  • Zip21804
  • StyleRestaurant/Bar
  • Year Built1985
  • Taxes$ 1785
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4537
  • Lot Size4,356 SqFt
Data Source:
Bright MLS
Property Description

Location Location Location! This large 2 unit condo faces Mt Hermon Rd and backs up to Rt50, a major east/west transcontinental highway and the access from all points West to the MD & DE beaches. Currently operating as a restaurant, and with owners who would consider staying as employees for a new owner, these two units could be split and leased or owner occupied as office or retail instead. There is a huge parking lot recently sealed & striped with at least 75 parking spaces. Central in the City of Salisbury, any business would benefit from this easily accessed property. Call today for a private appointment to preview the property and see the endless possibilities it presents. Sale is for real estate and will include equipment only for a buyer who wants to continue as a restaurant.

Price History
6/21/2023 Listed $499,000

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Cable TV Available,Electric Available,Natural Gas Available,Phone Connected
Possession Settlement
Zoning COMMERCIAL
Construction Materials Masonry
Exclusions personal property and inventory including food
Year Built 1985
Unit Number 945 & 947
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility Level Entry - Main
County WICOMICO
New Construction No
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge,Barber/Beauty,Church,Clothing,Commercial,Dry Cleaner,Financial,Food & Beverage,Food Market,Institutional,Investment,Laundromat,Medical/Dental,Mixed Use,Office,Printing,Professional
Water Access Y/N No
Property Use Owner User
Status ACTIVE UNDER CONTRACT
Directions Take Main Street east to Mount Hermon Rd and Goin Nuts Restaurant is the 2 end units in the Market Place East Condo complex
ModificationTimestamp 2024-01-30T14:50:06
City SALISBURY
Buyer Agent Compensation 3
Disclosures Encumbrances
Zoning Description retail/ office/ restaurant condo
MLS Area Wicomico Southeast (23-04)
Lot Size Square Feet 4537.00
Tax Assessed Value 87900.0
Waterfront Y/N No
Street Name MOUNT HERMON RD
Tax Annual Amount 1785.0
Property Condition Very Good
Price Per Sq Ft 109.98
Acceptable Financing Cash,Conventional,Exchange
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 224
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision MARKET PLACE EAST CONDO
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Central Air Y/N Yes
Total Restrooms 2

Exterior Features

Parking Features Paved Parking
Lot Features Road Frontage
Water Source Public
Inclusions All restaurant equipment,tables & chairs if Buyer is interested in a restaurant. If buyer is an office/retail user,seller will dispose of same.
Total Parking Spaces 75
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 4537.00
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Estimated
Other Equipment See Remarks
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 75

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 21804

Price
AVG $280K
$500K
Taxes
AVG $2,468
$1,785
Visits
AVG 126
276
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1985
Walkscore
AVG 38
67
Data Provided by Walkscore® not using MLS data

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