Philmore Commons Professional Office Complex

224 Phillip Morris Dr, Salisbury, MD 21804

  • For Sale $4,650,000
  • Property Type Office - General Office
  • Property Size 40,017 SF
  • Units 21
  • Lot Size 9.1 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980
  • Year Renovated 2024
  • Date Updated May 28, 2025
Strategically located near Route 50, Philmore Commons provides convenient access to retail and major travel routes. This prime location enhances its appeal to businesses and professionals seeking a well-connected presence in Maryland's Eastern Shore market.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.
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Highlights

  • Listed under the recently appraised value!
  • 40,017 SF 2 story building with 21 units, regional and national tenants.
  • Additional +/- 3 Acres 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.
  • Professional management fees are included in the expenses.

Contacts

broker
Andrew Ball

SVN | Miller Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent

  • Transit Score ®

    11/100 Minimal Transit

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Salisbury, MD
  • Neighborhood Salisbury
  • Zip Code 21804

Points of Interest

  • Pure

    0.47 miles

  • Shore Stop

    0.79 miles

  • Tiger Mart

    0.80 miles

  • Shell

    1.94 miles

  • Oceanic

    2.01 miles

  • Royal Farms

    2.09 miles

  • Tesla Supercharger

    2.43 miles

  • WAWA

    2.45 miles

  • Delmarva Power

    2.52 miles

  • Exxon

    2.55 miles

  • Salisbury Park & Ride

    0.19 miles

  • Downtown Salisbury Parking Garage

    2.35 miles

  • Lot 11

    2.46 miles

  • Avery Street Parking Lot

    2.68 miles

  • Wayne Street Parking Lot

    2.86 miles

  • Bateman Parking Lot K

    2.86 miles

  • College Avenue Parking Lot G

    2.89 miles

  • US Rt. 13 Parking Lot A

    2.90 miles

  • College Avenue Parking Lot H

    2.93 miles

  • US Rt. 13 Parking Lot B

    2.94 miles

  • Microtel Inn & Suites by Wyndham Salisbury

    0.64 miles

  • Country Inn & Suites

    0.82 miles

  • Sleep Inn Salisbury

    0.91 miles

  • La Quinta Inn & Suites Salisbury

    2.20 miles

  • Residence Inn by Marriott Salisbury

    2.53 miles

  • Days Inn

    2.88 miles

  • Hampton Inn Salisbury

    3.01 miles

  • Motel 6

    3.13 miles

  • Americas Best Value Inn

    3.20 miles

  • Quality Inn

    3.35 miles

  • Tim's Pizza

    0.36 miles

  • Dunkin' Donuts

    0.43 miles

  • McDonald's

    0.44 miles

  • Bury Diner

    0.78 miles

  • Subway

    0.82 miles

  • Salisbury Pizza

    0.83 miles

  • Imperial Gallery

    0.84 miles

  • Lombardi's

    0.86 miles

  • Denny's

    0.87 miles

  • Burger King

    0.89 miles

  • Glen Avenue School

    0.58 miles

  • Wicomico Day School

    0.84 miles

  • East Salisbury Elementary School

    1.09 miles

  • Wicomico High School

    1.23 miles

  • Salisbury School

    1.34 miles

  • Salisbury Baptist Academy

    1.35 miles

  • Wicomico County Evening High School

    1.37 miles

  • Abundant Life Christian Academy

    1.42 miles

  • Parkside High School

    1.55 miles

  • Christian School of Salisbury

    1.70 miles

Frequently Asked Questions

How much does Philmore Commons Professional Office Complex cost?

The space currently listed for sale at Philmore Commons Professional Office Complex asks for $4,650,000.

What is the total square footage of Philmore Commons Professional Office Complex?

Philmore Commons Professional Office Complex totals 40,017 square feet.

When was this property built?

Philmore Commons Professional Office Complex was built in 1980.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Andrew Ball

SVN | Miller Commercial Real Estate

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