2302 Allen Dr, Salisbury, MD 21801
Local realty services provided by:ERA Valley Realty
2302 Allen Dr,Salisbury, MD 21801
$225,000
- 4 Beds
- - Baths
- 2,138 sq. ft.
- Multi-family
- Pending
Listed by:andrew ball
Office:svn/miller commercial real estate
MLS#:MDWC2019700
Source:BRIGHTMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$105.24
About this home
Located at the corner of Allen Dr & Leonard Ln in the Northwood Industrial park. This property consists of 4 parcels two of which have residential rentals on them, all are Zoned I-2 Heavy Industrial in Wicomico County.
"2302 Allen Dr." - 1,142 SF | Rent = $400 per/month, (Verbal month too month lease) &
"2306. Allen Dr." - 996 SF | Rent = $1,250 per/month, (1 year lease, Expires on 6/30/2026)
This is a Prime opportunity for a residential Flipper or investor looking. for some value add, or a commercial user that wants to take advantage of the I-2 Heavy Industrial zoning and or the Location of the Northwood Industrial Park.
We also have the adjacent 2.19 Acre parcel to the west listed with a different owner creating 3.27 Acres, zoned I-2 Heavy Industrial in the Northwood Industrial Park, with no City Taxes.
Per "Maryland Renters’ Rights and Stabilization Act of 2024" both tenants have been notified of the sale. One Tenant has exercised their right to make an offer. Their 30 day first right of refusal period ends 9-22-25.
- Excellent access off two roads
- Room for expansion and development
- Attractive investment opportunity
- Adjacent 2.19 Acres for sale separately (Totaling 3.27 Acres)
Contact an agent
Home facts
- Year built:1935
- Listing ID #:MDWC2019700
- Added:46 day(s) ago
- Updated:November 01, 2025 at 07:28 AM
Rooms and interior
- Bedrooms:4
- Living area:2,138 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Year built:1935
- Building area:2,138 sq. ft.
- Lot area:1.08 Acres
Utilities
- Water:Private
- Sewer:Private Septic Tank
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$105.24
- Tax amount:$384 (2024)
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