1113 Healthway, Salisbury, MD 21804 - Photo 1

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$2,969,000

For Sale
Active
Commercial Institutional

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Property Description

Fully leased two story building right off Rt. 50 . Zoned Light Business and Institutional and is located in an Opportunity Zone in downtown Salisbury. Triple A tenants include Purdue which takes the entire second floor and Coastal Hospice and a dermatologist occupy the first floor. Over 100 parking spaces. Top of the line VRF HVAC system installed in 2016.Cementious siding, All exterior trim is composite. LED lighting throughout. conference rooms, numerous private offices, break room, and two sets of his/hers restrooms on each floor. All leases long term with options and are NNN. Leases will be disclosed with a signed NDA This building is priced to sell at a 8% cap rate.

Full Property Details

Full Property Details for 1113 Healthway

General

Price: $2,969,000
Taxes: $50,285 (2025)
Status: Active
Type: Commercial Institutional
Source: BrightMLSMidAtlantic
MLS ID: MDWC2022082
Updated: 3/26/2026
Added to Site: 72 day(s) ago

Business

Business Type: Medical, Professional

Interior

Flooring: Wood, Luxury Vinyl Tile, Partially Carpeted

Rooms

Bathrooms

Restrooms: 10

Parking

Total Spaces: 127
Parking Type: Parking Lot

Location

Area: Wicomico Northeast (23-02)
Municipality: Salisbury
County: WICOMICO
Driving Directions: Rt. 50 to Healthway Drive
City Limits: Yes

Heating & Cooling

Cooling Type: Other
Cooling Fuel: Other
Heating Type: Other
Heating Fuel: Other
Water Heater: Electric, Multi-tank

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electric Available, Multiple Phone Lines

Structural Information

Builder: RBCI
Construction: Mixed, Brick
Roof: Architectural Shingle
Elevator(s ): 1
Stories/Levels: 2
Building Size: 23895
Year Built: 2017
Year Built Source: Assessor
Property Condition: Excellent

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 2.01
Lot Size (Sq. Ft.): 87,643
Lot Size Source: Assessor
Zoning: LB1

Financial Considerations

Price Per Sq. Ft.: $124.25
Assessment Year: 2026
City/TownTax: $26,573
City/TownTax Freq: Annually
County Tax: $20,831
County Tax Freq: Annually
Tax w/Assessment: $2,149,800
Tax Amount: $50,285
Tax Year: 2025
Owner Pays: Accounting/Legal

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes
Lot Number: 3B

Buyer's Brokerage Compensation: Contact Listing Agent

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Meet the listing agent

— 1113 Healthway —

Ann Holtz

Email Me

(443) 359-9863 mobile
(410) 524-1203 office

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NMLS#: 1598647

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Schools

Schools serving 1113 Healthway

School District:Wicomico County Public Schools

Name	Grades	Distance
East Salisbury Elementary School 1201 Old Ocean City Road, Salisbury, MD 21804	3-5	0.3 mi
Beaver Run School 31481 Ocean City Road, Salisbury, MD 21804	PK-2	3.1 mi
Wicomico Middle School 635 East Main Street, Salisbury, MD 21804	6-8	0.7 mi
Wicomico High School 201 Long Avenue, Salisbury, MD 21804	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1113 Healthway Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/23/2026

Price Reduced

$2,969,000

-10.33%

MLS

3/20/2026

Listed

$3,311,122

—

MLS

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

Tax History for 1113 Healthway

Year

Property Taxes

Change

Tax Assessment

Change

2024

$24,162

—

$2,572,000

2%

2024

$24,162

-2%

$2,520,033

2%

2023

$24,619

—

$2,468,067

2%

2022

$24,620

-2%

$2,416,100

—

2019

$25,248

1%

$2,414,867

—

2021

$24,892

-1%

$2,413,633

—

2020

$25,248

-49%

$2,412,400

—

2019

$49,092

—

$2,412,400

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1113 Healthway

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1113 Healthway, Salisbury, MD 21804 (MLS# MDWC2022082) is a Commercial Institutional property. 1113 Healthway is currently listed for $2,969,000 and was received on March 20, 2026. This property is listed by Ann Holtz from our Ocean City - 123rd Office.Want to learn more about 1113 Healthway? 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.

1113 Healthway Salisbury, MD 21804