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Listed by CURT ARTHUR • SVN COMMERCIAL ADVISORS, LLC • Direc: 503-588-0400
$6,500,000
Est. payment /mo
2.62 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 833433
Year Built 1977
Lot Size 2.620 Acres
Acres 2.62
Property Sub-Type Retail
Property Description
This downtown Salem property presents a compelling investment opportunity with a total building area of 61,521 SF (52,845 SF NRA) across 22 units in 4 buildings. The fact that it's zoned Central Business District in the heart of Salem and is sitting at full occupancy, puts the property in a position as a highly desirable asset for retail and/or office investors. The property is at 99% occupancy with substantial upside in rents, making this an investment with tremendous upside potential. 61,521 Total Building SFBuilding A 16,908 SFBuilding B 19,699 SFBuilding C 20,178 SFBuilding D 4,73622 unitsZoned CBD - Central Business DistrictLocated in the heart of downtown Salem
Location
State OR
County Marion
Area 20 Central Salem
Building
New Construction No
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