# 224 PHILLIP MORRIS Drive, SALISBURY, MD 21804

> **TL;DR:** commercial, $4,400,000, built 1980. Est. $19,067/mo. Listed 315 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,400,000 |
| Year Built | 1980 |
| Lot Size | 396,396 sqft (9.10 acres) |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 315 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $19,067 |
| **Total** | **$19,067** |

## Property Highlights

- Built in 1980
- 9.10 acre lot
- 204 parking spaces

## Description

### Agent Description
Explore an exceptional investment opportunity with this well maintained 40,017 SF, two-story building featuring 21 units. Renovated in 2024, the property boasts a prime location on Maryland's Eastern Shore and is fully occupied with a mix of regional and national tenants. Zoned LBI, this offering includes an additional +/- 3 Acres of unimproved land with extra parking. Listed under the recently appraised value, and with substantial recent updates including HVAC systems and roofs, this property presents a compelling value proposition. With approximately 83.83% of all expenses being passed through as a tenant's expense, the remaining expense would be owner's expense due to the gross leases. This property offers a solid and attractive income-generating opportunity for investors. - Listed under the recently appraised value! - 40,017 SF 2 story of unimproved land with additional parking in the rear. - Approximately 1/2 of the roofs have been redone in the last 18 months and most HVAC systems replaced in the last two years. - 83.83% of all expenses are passed through as a tenant's expense.

## Location

- **Address:** 224 PHILLIP MORRIS Drive, SALISBURY, MD 21804
- **County:** WICOMICO
- **Coordinates:** 38.36715, -75.55639
- **Google Maps:** https://www.google.com/maps?q=38.36715,-75.55639

## Listing Agent

- **Name:** Andrew Ball
- **Brokerage:** SVN/Miller Commercial Real Estate
- **Phone:** 4104223672
- **Email:** andy.ball@svn.com

## Primary Photo

![224 PHILLIP MORRIS Drive - Primary Photo](http://lh.rdcpix.com/e8a4b9c92563cd955727d9f9319934acl-f2368275136r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/224-phillip-morris-drive-salisbury-md-21804-c2018130)*

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**MLS#:** MDWC2018130 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/224-phillip-morris-drive-salisbury-md-21804-c2018130)

---

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