1535 State St - Medical FOR SALE


Salem, OR 97301- Northeast Neighbors
$550,000 USD
503-559-2694
1535 State St, Salem, OR for Sale
$550,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

1535 State St
Salem, OR 97301
Northeast Neighbors


HIGHLIGHTS

  • Available; 2,367 SF + 1,244 SF basement storage
  • New roof and exterior paint
  • Possible Seller financing available

OVERVIEW

Through a special SBA lending program, qualified buyers can purchase this beautiful historic office building at 1535 State Street with minimal down payment with as little as $10,000. An incredible opportunity for a professional owner-user to start building equity and enjoy the tax advantages of ownership. This charming converted home features 4 private offices, 2 bathrooms, a large common area, conference room, and break room, plus basement storage and 12 on-site parking stalls. Fully ADA accessible and recently upgraded with new paint, roof, and refinished hardwood floors (2024). Perfect for medical, wellness, or professional office use, just outside downtown Salem with great visibility and curb appeal.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$232 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

CO

APN/PARCEL ID

527538

ASK ABOUT THIS PROPERTY

Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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