Creating Potential in a Medical Investment Property
1410 South Salisbury Blvd, Salisbury, MD
900 SF condo unit fronting Route 13
Purchased by local investor who fully renovated the space
Leased by a medical practitioner
The Deal Story
Advisor Meredith Mears represented local investor, M3 Investments, in their purchase of a +/- 900 square foot condo unit fronting Route 13 in Salisbury, Maryland.
After purchasing, M3 Investments completed extensive renovations to both the interior and exterior of the unit. The class A commercial space is ADA compliant and currently occupied by a medical practitioner.
“When investing in commercial real estate, it’s important to not only see a property as-is, but also to recognize its potential to fill market needs,” said Mears. “This condo unit was in need of an update and the renovations made will ensure that it is up to par with comparable properties in the area for many years to come.”