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$450,000 Just Listed

  • For Sale
  • Active
  • Commercial Institutional
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Located within the well-maintained East Park Professional Park, this fully leased office suite offers a compelling investment offering with in-place income and attractive cap rate potential, turnkey investment opportunity. The property is leased to Chesapeake Hearing Centers, a recognized regional provider, on a new five-year term with rent commencing June 2026, providing investors with stable, predictable income. The suite features a functional and flexible layout, including multiple private offices, a large conference room, three separate entrances/exits, and an open workspace designed for collaborative use. Currently being remodeled, the space is ideally suited for medical or professional office users. Positioned within a desirable professional park setting, this asset combines strong tenancy, quality improvements, and long-term income security, making it an attractive addition to any investment portfolio. 7.34% Cap Rate - 5 Year Lease in place

Full Property Details for 1324 Belmont Ave #105A

General

  • Price: $450,000
  • Taxes: $9,224 (2025)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2022528
  • Updated: 4/17/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Medical

Parking

  • Total Spaces: 60
  • Parking Type: Parking Lot

Location

  • Area: Wicomico Northeast (23-02)
  • Municipality: Salisbury
  • County: WICOMICO
  • Driving Directions: Located alongside US Rt. 50 in the East Park Professional Park. Access is provided at the lighted intersection of Rt. 50 & Civic Ave with the park entrance on Belmont Ave, the immediate right after turning on Civic Ave, that parallels Rt. 50.
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Other
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Building Size: 5713
  • Year Built: 2006
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,359
  • Lot Size Source: Assessor
  • Zoning: LB1

Financial Considerations

  • Price Per Sq. Ft.: $78.77
  • Assessment Year: 2026
  • City/TownTax: $4,874
  • City/TownTax Freq: Annually
  • County Tax: $3,821
  • County Tax Freq: Annually
  • Tax w/Assessment: $471,800
  • Tax Amount: $9,224
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 105A

Listed by SVN/Miller Commercial Real Estate, Trent Maynard Spicer-Davis and SVN/Miller Commercial Real Estate, Wesley Cox

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Listing agents

— 1324 Belmont Ave #105A —

  • Trent Maynard Spicer-Davis

    SVN/Miller Commercial Real Estate

  • Wesley Cox

    SVN/Miller Commercial Real Estate

Listing Office Email: brent.miller@svn.com

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 1324 Belmont Ave #105A

School District:Wicomico County Public Schools
NameGradesDistance
East Salisbury Elementary School
1201 Old Ocean City Road, Salisbury, MD 21804
3-50.4 mi
Beaver Run School
31481 Ocean City Road, Salisbury, MD 21804
PK-22.7 mi
Wicomico Middle School
635 East Main Street, Salisbury, MD 21804
6-81.1 mi
Wicomico High School
201 Long Avenue, Salisbury, MD 21804
9-120.7 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 1324 Belmont Ave #105A Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$450,000
-5.26%
MLS
1/12/2007
Sold
$475,000
—
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 1324 Belmont Ave #105A

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,317
—
$915,800
20%
2024
$7,317
20%
$763,167
25%
2023
$6,090
31%
$610,533
33%
2022
$4,666
-3%
$457,900
—
2019
$4,792
—
$457,900
—
2020
$4,792
-49%
$457,900
—
2019
$9,394
—
$457,900
—
2018
$9,399
1%
$457,900
—
2017
$9,265
1%
$457,900
—
2016
$9,181
—
$457,900
-5%
2015
$9,155
—
$480,700
—
2014
$9,155
—
$480,700
—
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.

Estimate the Cost for 1324 Belmont Ave #105A

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by SVN/Miller Commercial Real Estate, Trent Maynard Spicer-Davis and SVN/Miller Commercial Real Estate, Wesley Cox

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1324 Belmont Avenue #105A, Salisbury, MD 21804 (MLS# MDWC2022528) is a Commercial Institutional property. 1324 Belmont Avenue #105A is currently listed for $450,000 and was received on April 17, 2026. Want to learn more about 1324 Belmont Avenue #105A? 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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