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111 Olive StreetSalisbury, MD 21801Price: $1,090,000

  • Price: $1,090,000
  • 240 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801111 Olive Street Salisbury MD 21801
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  • 1.04Acreage
  • 1968Year Built
  • 33Price Per Square Foot
  • 2025Tax Year
Rare Industrial property comprised of Warehouse and Office. Priced, well below replacement at just $30 PSF. Simply put, you can't construct this type of building for anywhere near that price. Building has been upgraded with newly renovated office spaces and entry ways, brand new windows throughout, extensive exterior renovations utilizing Aztek, 5 overhead doors ( w/ drive in, 2 dock high), freight elevator and fully fenced in yard. There is also professionally installed low voltage cable plant throughout the complex for telephone, data, CCTV, Wi-Fi and Audio Video. Property is perfect for an investor or owner operator. If you wish to operate your business here, you can enjoy some income to help you offset the mortgage payment. This would help give the buyer time to find a tenant for the space. The possibilities are endless for this deal and this building. This type of product is hard to find right now. Sale includes 111 Olive St. and 108 Cherry St.
Listed by Matthew Trader of Rinnier Development Co

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Railey Vacations

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Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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Location Information

  • UsmAreaSalisbury - Wicomico Northeast

Parking

  • Parking TypesParking Lot

Location

  • Address111 Olive Street
  • Building Number111
  • CountyWicomico
  • DirectionsLocated on Olive Street in Salisbury, MD.
  • In City Limits YNYes
  • IncorporatedcitynameSalisbury
  • StateMD
  • TownSalisbury
  • Zip21801

Amenities

  • Accessibility AmenitiesOther
  • Other AmenitiesDock

Legal

  • LandusecodeI
  • PossessionNegotiable
  • Sale TypeStandard

Basic Information

  • Broker NameRinnier Development Co
  • List Price$1,090,000
  • MLS Area MajorWicomico Northeast
  • MLS NumberMDWC2020668
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot33
  • StatusACT

Property

  • Acreage1.04
  • Business TypeOther
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions0.00 x 0.00
  • Lot Size SourceEstimated
  • Lot Size Square Feet45,302.4
  • New Construction YNN
  • Property SubTypeIndustrial
  • ZoningCOMMERCIAL INDUSTRIAL

Tax Information

  • Tax Year2025
  • Total Taxes Payment FrequencyAnnually

Basic Information

  • Date Listed11/17/2025

Building

  • Building Area SourceAssessor
  • Building Area Total33416
  • Construction MaterialsBlock
  • Year Built1968

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelOther
  • Heat SystemOther
  • Heating FuelOther
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterOther
  • Water SourcePublic

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 14, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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