1100 Front St NE - Food Processing FOR SALE


Salem, OR 97301- Downtown Salem
$2,900,000 USD
503-931-3521
1100 Front St NE, Salem, OR for Sale
$2,900,000 USD
Food Processing - FOR SALE
1/17
null | Request Cap Rate

Jan '30


1100 Front St NE
Salem, OR 97301
Downtown Salem


HIGHLIGHTS

  • 100% leased to two tenants through January 31, 2028, with renewal options extending to 2030
  • Centrally located near Downtown Salem with easy I-5 access,
  • Recent capital improvements — New 60-mil TPO roof (2025, partially insulated) and a freight lift currently being replaced with new components

OVERVIEW

Two-level wooden truss warehouse located just east of the Truitt riverfront property, which is slated for mixed-use development, and primed for new development in the heart of the Willamette Valley. Centrally located near Downtown Salem with easy access to I-5, walking distance to Downtown. The building includes warehouse space on both levels along with finished office areas on both levels, and is fully serviced with utilities, high-voltage power, and water/sewer. The building parcel is approximately .49 acres, with an additional ˜.32 acres of on-site parking across two adjacent parcels. There is no fire suppression system in the building. To be marketed as a leased investment; owner-user occupancy available at lease expiration January 31, 2028, subject to tenant renewal options that could extend occupancy to January 31, 2030.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Food Processing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

MU-R

APN/PARCEL ID

582552,582553,582554

ASK ABOUT THIS PROPERTY

Josh KayFirst Commercial Real EstateMore Info
503-931-3521

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Josh KayFirst Commercial Real EstateMore Info
503-931-3521

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.