MARCH 2023, SALISBURY, MD – Meredith Mears, Senior Advisor with SVN Miller Commercial Real Estate sells 714 E. Lincoln Avenue, Salisbury, MD 21801. This land lot is an approximately two-acre corner lot in the Center of Salisbury. Local businesses, Union Latina and Tienda & Carniceria will eventually expand to the highly trafficked location.
The family-run businesses have been in operation for four years in this market. They persevered through the first year experiencing difficulties directly related to pandemic conditions and began to see exponential growth over the last year.
The store features a butcher that offers premium fresh meat with Hispanic style cutters. There are a variety of seasonings signature to the Hispanic culture and a grocery section with an array of fresh vegetables and foods. Maryland lottery will also be available at the store. Money transfer services will also be onsite available.
This particular lot has been on the market for over 5 years and has presented challenges for several potential buyers in the development process. Mears began working with the Sellers two years ago to position the land for a marketable offering. Mears utilized her strong development background to create a clear and succinct path to successful development of the property. Mears’ relationships with the City of Salisbury, local engineering firms, and traffic study groups, enabled her to create a clear marketing plan outlining the course of action for a potential buyer.
Mears cooperated with Eka Suryadi with Keller William. Suryadi represented the buyer in this transaction.
If you would like to discuss professional representation with Meredith Mears, she can be reached at Meredith.Mears@svn.com or 410.543.2440.
SVN | Miller Commercial Real Estate is a regional firm specializing in commercial real estate, providing advisory, brokerage, consultation, leasing, and asset & property management services to clients in the Mid-Atlantic Region. SVN combines a comprehensive national footprint with local decision-making expertise and market-leading execution*.
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