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$1,060,000
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Property Description
Great investment opportunity offered at a 7.5% cap rate based on the net lease with Tidal Health. This masonry medical condominium is located immediate across Carroll Street from the Tidal Health Regional Hospital's front door. There is plenty of parking for doctors and clients and doctors can easily walk across the street to access the hospital. This is a net lease with the tenant, Tidal Health, paying all operating expenses so that the rental to the landlord is net.
Full Property Details
Full Property Details for 145 E Carroll St
General
- Sold For: $1,060,000
- Taxes: (2022)
- Status: Closed
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDWC2007322
- Added to Site: 1, 222 day(s) ago
Business
- Business Type: Medical, Other/General Retail, Professional
Parking
- Total Spaces: 27
- Parking Type: Parking Lot
Location
- Area: Wicomico Southwest (23-03)
- County: Wicomico
- Driving Directions: Route 13 North, Turn Left on East Carroll Street, 145 East Carroll Street is located on the Right (H. Gray Reeves Building)
- City Limits: Yes
School Information
- Elementary School: Prince Street School
- Middle School: Bennett
- High School: James M. Bennett
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1986
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Zoning: CITY
Financial Considerations
- Price Per Sq. Ft.: $222.96
- Tax Year: 2022
Disclosures and Reports
- Ownership: Condominium
Listed by Rinnier Development Co, William Rinnier
Sold by SVN/Miller Commercial Real Estate, John McClellan
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Schools
Schools serving 145 E Carroll St
School District:Wicomico County Public Schools
| Name | Grades | Distance |
|---|---|---|
Pinehurst Elementary School 520 South Pinehurst Avenue, Salisbury, MD 21801 | PK-5 | 1.2 mi |
Bennett Middle School 532 S. Division Street, Fruitland, MD 21826 | 6-8 | 3.7 mi |
James M. Bennett High School 300 East College Avenue, Salisbury, MD 21804 | 9-12 | 1.2 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 145 E Carroll St
Date
Details
Price
Change
Source
4/28/2023
Sold
$1,060,000
-10.4%
MLS
10/18/2022
Listed
$1,183,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
145 East Carroll Street, Salisbury, MD 21801 (MLS# MDWC2007322) is a Retail property that was sold at $1,060,000 on April 28, 2023. Want to learn more about 145 East Carroll Street? Do you have questions about finding other Retail real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

