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$225,000 Just Listed

  • For Sale
  • Active
  • Commercial Institutional
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This well-positioned office building is located at the highly visible intersection of Ocean Gateway (Route 50) and Naylor Street in Salisbury, with an estimated daily traffic count of approximately 20,000-25,000 vehicles per day. The property benefits from excellent frontage and exposure along Route 50, making it ideal for a business seeking strong visibility and convenient access. Situated on a 0.17-acre parcel, the building offers approximately 980 square feet of space and includes four office rooms, two bathrooms, and a kitchen. Private on-site parking is available with seven dedicated spaces. In addition to its current office use, the zoning allows the property flexibility for potential conversion to residential use, including primary residence or a residential rental. Any conversion from office to residential use would be subject to required Salisbury city inspections and approvals.

Full Property Details for 111 Naylor St

General

  • Price: $225,000
  • Taxes: $1,932 (2025)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2021540
  • Updated: Today (2/9/2026)
  • Added to Site: Today

Business

  • Business Type: Institutional, Other/General Retail, Professional, Ot

Parking

  • Total Spaces: 7
  • Parking Type: Parking Lot, Driveway

Location

  • Area: Wicomico Northeast (23-02)
  • Municipality: Salisbury
  • County: WICOMICO
  • Driving Directions: Located on the northeast corner of Route 50 and Naylor Street
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Heat Pump(s), Programmable Thermostat
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air, Programmable Thermostat
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Building Size: 980
  • Year Built: 1950
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,500
  • Lot Size Source: Assessor
  • Zoning: OSR

Financial Considerations

  • Price Per Sq. Ft.: $229.59
  • Assessment Year: 2025
  • City/TownTax: $1,020
  • City/TownTax Freq: Annually
  • County Tax: $800
  • County Tax Freq: Annually
  • Tax w/Assessment: $98,800
  • Tax Amount: $1,932
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 76

Listed by Whitney-Wallace Commercial, Diana L. Whitney and Whitney-Wallace Commercial, Paul J Whitney

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Listing agents

— 111 Naylor St —

  • Diana L. Whitney

    Whitney-Wallace Commercial

  • Paul J Whitney

    Whitney-Wallace Commercial

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 111 Naylor St

School District:Wicomico County Public Schools
NameGradesDistance
East Salisbury Elementary School
1201 Old Ocean City Road, Salisbury, MD 21804
3-50.7 mi
Beaver Run School
31481 Ocean City Road, Salisbury, MD 21804
PK-23.6 mi
Wicomico Middle School
635 East Main Street, Salisbury, MD 21804
6-80.2 mi
Wicomico High School
201 Long Avenue, Salisbury, MD 21804
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 Naylor St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Listed
$225,000
62.45%
MLS
2/24/2023
Sold
$138,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 Naylor St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$946
—
$98,800
—
2024
$946
-4%
$98,667
—
2023
$983
-2%
$98,533
—
2022
$1,003
-5%
$98,400
—
2019
$1,058
4%
$98,400
—
2021
$1,015
-4%
$98,400
-3%
2020
$1,058
-49%
$101,100
—
2019
$2,077
—
$101,100
—
2018
$2,077
-2%
$101,100
-3%
2017
$2,117
—
$104,500
—
2016
$2,111
-5%
$104,500
-10%
2015
$2,217
—
$116,400
—
2014
$2,217
—
$116,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Whitney-Wallace Commercial, Diana L. Whitney and Whitney-Wallace Commercial, Paul J Whitney

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111 Naylor Street, Salisbury, MD 21804 (MLS# MDWC2021540) is a Commercial Institutional property. 111 Naylor Street is currently listed for $225,000 and was received on February 09, 2026. Want to learn more about 111 Naylor Street? Do you have questions about finding other Commercial Institutional real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

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