Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,800,000 -$399,000 (-18.14%) Price Reduced

  • For Sale
  • Active
  • Warehouse
See This Home
Save This Home
See This Home
Save This Home
Virginia Square is a fully leased and prominent mixed-use complex serving the central Salisbury area. Its anchor stores are Family Dollar with a 25 year leasing history and a freshly authorized 5 year option as well as Rent-a-Center with 23 years and almost 2 years remaining on its current term. It is zoned Central Business District (CBD) and is in the Opportunity Zone. The rear of the building has two 6000+sf warehouse units with a recently fenced/gated parking area. The complex offers parking for over 100 vehicles and boasts access from both Rt 13 North as well as Dover street. The warehouse units have three 14 ft roll up doors and ceiling heights up to 18 feet. The building is also fully sprinkled. This investment is being offered at a 7% CAP, Financials provided upon request.

Full Property Details for 1517 N Salisbury Blvd

General

  • Price: $1,800,000
  • Taxes: $24,673 (2024)
  • Status: Active
  • Type: Warehouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2016688
  • Updated: 3/25/2026
  • Added to Site: 414 day(s) ago

Business

  • Business Type: Flex, Big Box Retail, Warehouse

Parking

  • Total Spaces: 105
  • Parking Type: Parking Lot

Location

  • Area: Wicomico Northeast (23-02)
  • Municipality: Salisbury
  • County: WICOMICO
  • Driving Directions: following Rt 13 Northbound Ln. follow over overpass nd make second left onto Dover Street and parking is immediately on your left.
  • City Limits: Yes

School Information

  • High School: Wicomico

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Stucco
  • Drive-In Doors: 3
  • Drive-In Clearance: 12' to 15'
  • Building Size: 24720
  • Year Built: 1940
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 1
  • Lot Size (Sq. Ft.): 43,501
  • Lot Size Source: Assessor
  • Lot Dimensions: 149.80 x 290.40
  • Zoning: GC

Financial Considerations

  • Price Per Sq. Ft.: $72.82
  • Assessment Year: 2024
  • City/TownTax: $12,797
  • City/TownTax Freq: Annually
  • County Tax: $10,488
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,238,600
  • Tax Amount: $24,673
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by NAI Coastal, George Timothy Merritt and NAI Coastal, Richard Gilkerson

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 1517 N Salisbury Blvd —

  • George Timothy Merritt

    NAI Coastal

  • Richard Gilkerson

    NAI Coastal

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 1517 N Salisbury Blvd

School District:Wicomico County Public Schools
NameGradesDistance
East Salisbury Elementary School
1201 Old Ocean City Road, Salisbury, MD 21804
3-50.8 mi
Beaver Run School
31481 Ocean City Road, Salisbury, MD 21804
PK-23.5 mi
Wicomico Middle School
635 East Main Street, Salisbury, MD 21804
6-81.1 mi
Wicomico High School
201 Long Avenue, Salisbury, MD 21804
9-121.2 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 1517 N Salisbury Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$1,800,000
-18.14%
MLS
4/30/2025
Price Reduced
$2,199,000
-2.27%
MLS
2/10/2025
Listed
$2,250,000
104.55%
MLS
3/13/2020
Sold
$1,100,000
—
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 1517 N Salisbury Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,876
-4%
$1,238,600
—
2023
$12,355
-3%
$1,238,600
-1%
2022
$12,756
87%
$1,251,800
19%
2019
$6,811
-22%
$1,051,467
24%
2021
$8,778
29%
$851,133
31%
2020
$6,811
-49%
$650,800
—
2019
$13,424
—
$650,800
—
2018
$13,424
1%
$650,800
—
2017
$13,288
—
$653,200
—
2016
$13,248
1%
$653,200
-5%
2015
$13,058
—
$685,600
—
2014
$13,058
—
$685,600
—
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 1517 N Salisbury Blvd

$
Down Payment
%
$
%

$
$

*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 NAI Coastal, George Timothy Merritt and NAI Coastal, Richard Gilkerson

Similar Properties near 1517 N Salisbury Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

745 747 S Camden Ave, Fruitland, MD 21826 - Photo 1 Just Listed
$1,700,000

745 747 S Camden Ave  Fruitland, MD 21826

  • Warehouse
  • Active
Listed by ZREC Advisors of Coldwell Banker Realty (443) 880-1273

Just Listed near 1517 N Salisbury Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

608 W Main St, Fruitland, MD 21826 - Photo 1 Just Listed
$498,000

608 W Main St  Fruitland, MD 21826

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 1,824
    Sq. Ft.
Listed by Jaime Cortes (443) 365-0775 and Zlatica Koscina (443) 366-5643
126 Paddock Dr, Fruitland, MD 21826 - Photo 1 Just Listed
$435,000

126 Paddock Dr  Fruitland, MD 21826

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,715
    Sq. Ft.
Listed by Ashley Holland (443) 623-7298
745 747 S Camden Ave, Fruitland, MD 21826 - Photo 1 Just Listed
$1,700,000

745 747 S Camden Ave  Fruitland, MD 21826

  • Warehouse
  • Active
Listed by ZREC Advisors of Coldwell Banker Realty (443) 880-1273
27504 Riverside Dr, Fruitland, MD 21826 - Photo 1 Just Listed
$329,900

27504 Riverside Dr  Fruitland, MD 21826

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,628
    Sq. Ft.
Listed by Keller Williams Realty Delmarva, Michael Moore

Price Reduced near 1517 N Salisbury Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

505 St Lukes Rd, Fruitland, MD 21826 - Photo 1 Price Reduced
-$15,000 (-4.76%)
$300,000

505 St Lukes Rd  Fruitland, MD 21826

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,820
    Sq. Ft.
Listed by Ashley Holland (443) 623-7298
158 Porter Pkwy, Fruitland, MD 21826 - Photo 1 Price Reduced
-$1 (0%)
$399,899

158 Porter Pkwy  Fruitland, MD 21826

  • Single Family
  • Active
  • Updated 6 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,814
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices PenFed Realty - OP, Suzanah Cain and Berkshire Hathaway HomeServices PenFed Realty - OP, Craig R. Lynch
9518 Royal Tern Dr, Delmar, MD 21875 - Photo 1 Price Reduced
-$1,600 (-0.49%)
$326,900

9518 Royal Tern Dr  Delmar, MD 21875

  • Single Family
  • Active
  • Updated 23 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,768
    Sq. Ft.
Listed by The Harrington Group (443) 783-3521
26837 Osprey Cir, Hebron, MD 21830 - Photo 1 Price Reduced
-$5,000 (-2.78%)
$174,900

26837 Osprey Cir  Hebron, MD 21830

  • Mobile Home
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,760
    Sq. Ft.
Listed by Are Pros., MICHAEL WEBSTER

Recent Sales near 1517 N Salisbury Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1923 N Salisbury Blvd, Salisbury, MD 21801 - Photo 1 Sold
$1,550,000

1923 N Salisbury Blvd  Salisbury, MD 21801

  • Warehouse
  • Closed
Listed by SVN/Miller Commercial Real Estate, John McClellan
Sold by Whitney-Wallace Commercial, Diana L. Whitney

1517 N Salisbury Boulevard, Salisbury, MD 21801 (MLS# MDWC2016688) is a Warehouse property. 1517 N Salisbury Boulevard is currently listed for $1,800,000 and was received on February 10, 2025. Want to learn more about 1517 N Salisbury Boulevard? Do you have questions about finding other Warehouse real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

Tour this property