2625 N Salisbury Blvd, Salisbury, MD 21801
$3,400,000

MLS#
Mdwc107598
Price
$3,400,000
Standard Status
Active
Waterfront
N

Outstanding location on busy North Salisbury Blvd, 5.17 +/- acres, for commercial redevelopment or present use as a franchise hotel. 123 rooms, two banquet rooms, 182 seat restaurant, and 60 seat bar/grill. Attached site plan shows the potential to subdivide the property allowing the sale or land lease of the front portion of the property to a national franchise restaurant and two new hotels on the rear portion of the property. Other possibilities for the rear portion of the property include renovating the hotels existing 60 room back building or replace with apartments. Located in the middle of Salisbury's retail district.

Exterior Features


Construction Materials
Block

Interior Features


Heating
Hot Water
Heating Fuel
Other
Cooling
Other
Hot Water
Other

Additional Details


Acres
5.17
Year Built
1961
New Construction
N
Property Type
Commercial Sale
County
Wicomico
Lot Size Dimensions
0.00 X 0.00