For Sale

Philmore Commons Professional Office Complex

224 Phillip Morris Dr, Salisbury, MD 21804

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.

Key features

  • 40,017 SF 2 story building with 21 units, regional and national tenants.
  • 83.83% of all expenses are passed through as a tenant's expense.
  • 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.
  • Listed under the recently appraised value!
  • Professional management fees are included in the expenses.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Andrew Ball

SVN | Miller Commercial Real Estate

Building Details

  • For Sale $4,400,000
  • 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 19, 2026

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (36)

  • Transit Score ®

    Minimal Transit (11)

  • Bike Score ®

    Somewhat Bikeable (39)
Powered by Walk Score ®

Location

  • City Salisbury, MD
  • Neighborhood Salisbury
  • Zip Code 21804

Points of Interest

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

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

University car wash

2.59 miles

Enterprise

2.68 miles

Soft Touch Car Wash

3.66 miles

Finish Line Car Wash

4.42 miles

Pittsville Car Wash

8.02 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

Unión Latina

1.85 miles

Macy's

2.21 miles

Sears

2.25 miles

The Centre at Salisbury

2.26 miles

Boscov's

2.39 miles

Acme

2.48 miles

Caribbean Express Market

2.61 miles

Save-A-Lot

2.80 miles

Marshalls

3.22 miles

Encompass Health Rehab Hospital Of Salisbury

0.45 miles

Rite Aid

0.60 miles

Salisbury Fire Department Station 1

1.38 miles

Salisbury Fire Department Station 2

1.85 miles

Lower Shore Clinic

1.97 miles

Peninsula Regional Medical Center

2.36 miles

Deer's Head Hospital Center

2.40 miles

Salisbury Fire Training Center

2.46 miles

Walgreens

2.47 miles

224 Phillip Morris Dr Listing Summary

  • What is the asking price at Philmore Commons Professional Office Complex?

    Philmore Commons Professional Office Complex is currently listed for sale at Contact for pricing.

  • What is the total size of Philmore Commons Professional Office Complex?

    Philmore Commons Professional Office Complex has a total of 40,017 square feet.

  • What is the year built for Philmore Commons Professional Office Complex?

    The year built for Philmore Commons Professional Office Complex is 1980.

Contact Listing Broker
Andrew Ball

SVN | Miller Commercial Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.