111 Olive St, Salisbury, MD 21801 | For Sale

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For Sale $1,090,000

$1,090,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 45,302 Sq Ft
  • Unknown Cap Rate

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,090,000
Property Type Industrial
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1968
Last Sold Unknown
Sold Price Unknown
APN # Unknown
MLS # MDWC2020668
Property ID 322360725
Lot Sqft 45,302
Zoning COMMERCIAL INDUSTRIAL
Days on Market 73
Original List Price Unknown
Date Updated November 17, 2025
Date Created November 16, 2025

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Matthew Trader an agent of . Lic #631428


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Data last updated: January 28, 2026.
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