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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWC2016882
Year Built 1935
Available Date 2025-02-28
Annual Tax Amount $2,295
Tax Year 2024
Lot Size 1.160 Acres
Acres 1.16
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
These two parcels-28646 and 28650-totaling 1.15 acres, consist of 8 units and are in the final phase of annexation into the city of Salisbury. Once complete, you'll gain access to public water and sewer along with zoning that allows up to 12 units per acre, opening the door to a wide range of possibilities.
28650 currently has a single family home with 28646 having two multifamily properties. Please note, not all units are currently rented or rentable.
Whether you envision a standout single-family residence with expansive grounds, a collection of premium townhomes, or high-demand multifamily buildings to capitalize on Salisbury's strong rental market, this property offers the flexibility to bring your vision to life. Preliminary concepts for 12 townhomes have already been drafted, and additional layouts, plats, and plans are available upon request.
With direct frontage on a tranquil lake, the site is ideally suited for a true waterfront community—perfect for creating desirable living spaces with natural views and outdoor amenities.
The property is currently improved with 8 units and is professionally managed.
Location
State MD
County Wicomico
Area Wicomico Northwest (23-01)
Zoning R-8
Interior
Hot Water Electric
Heating Baseboard - Electric, Heat Pump(s)
Cooling Central A/C, Wall Unit, Window Unit(s)
Flooring Laminated
Heat Source Electric
Exterior
Garage Spaces 30.0
Utilities Available Cable TV Available, Electric Available, Phone Available
Water Access Y
View River
Roof Type Architectural Shingle
Street Surface Paved
Accessibility None
Road Frontage State, Public
Total Parking Spaces 30
Garage N
Building
Lot Description Backs - Open Common Area, Cleared, Pond
Foundation Block, Slab, Crawl Space
Sewer On Site Septic
Water Private/Community Water, Well
New Construction N
Schools
Elementary Schools Pemberton
Middle Schools Salisbury
High Schools James M. Bennett
School District Wicomico County Public Schools
Others
Tax ID 2309007253
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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