SALISBURY, MARYLAND— Advisor Christian Phillips of NAI Coastal recently represented a regional developer in their purchase of 306 West Main Street, a +/- 4,500 square foot commercial building located at the entrance to Downtown Salisbury’s plaza.
Principals Bradley Gillis and Joey Gilkerson of NAI Coastal and Gillis Gilkerson acquired the building, adding to their portfolio of local investment properties. Together, the pair own other notable downtown buildings including Riverview Commons and the Powell Building.
“We are excited about this opportunity to continue to invest in our downtown community,” said Gilkerson. “There has been great momentum in the renaissance of Downtown Salisbury, and we are hopeful that this will be another step in that direction. Christian Phillips and the NAI team took all of the headache out of navigating this transaction and acquiring this property.”
Prior to this transaction, 306 West Main Street was occupied by Downtown Bridal, a boutique business that ultimately relocated to Oakridge Commons on the eastern side of Salisbury. Given its prime location, the Main Street property features excellent visibility at the intersection of Main and Mill Street. Under new ownership, flexible floorplans and buildout options are available for inquiring tenants.
“I’m looking forward to watching this property transform as Brad and Joey work to maximize its potential. After sitting vacant for a period of time, this building is ready for a local business to capitalize on its storefront and presence,” said Phillips.
Will there be business and stores going in there or another stupid artsy scheme that will appeal to the woke NPR listeners, like that stupid Folk Festival?
Nothing is Prominent in Downtown Salisbury !!!! GET REAL !!!
Bet they picked it up for a pittance, $5k at best.
Nothing but a Hell hole for Lawyer offices & court is the SALISBURY downtown !!!! Toast Finished Done !!!
“ultimately relocated “. . . . . . if everyone is clamoring to be downtown, why did Kuhn’s and Downtown Bridal leave, why was the building sitting empty
the art of lying in fake journalism to appease the politicians and the rich.
does anyone tell the truth anymore?
The good ole buddy system.