1730 Commercial St SE - Office FOR SALE


Salem, OR 97302- South Central
$2,200,000 USD
503-851-9428
1730 Commercial St SE, Salem, OR for Sale
$2,200,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

NEW


1730 Commercial St SE
Salem, OR 97302
South Central


HIGHLIGHTS

  • Fantastic owner-user opportunity
  • Priced for full remodel feasibility
  • Excellent visibility and parking
  • Pride of ownership location in the Liberty-Commercial Corridor

OVERVIEW

Unlock the potential of this two-story, elevator-served, professional office building centrally located in the heart of Salem’s thriving Commercial Street corridor. This property presents a unique opportunity for a professional office user to own and occupy all or a portion of this versatile building while leveraging the property’s prime location, strong street presence, great parking and flexible Mixed-Use II zoning. Located south of downtown at the corner of Commercial Street SE and Washington, the one-acre lot has excellent parking for employees and clients. With a short one mile distance to the Downtown Central Business District and only blocks from Bush Pasture Park, this site is ideal for many professional office users. The building has great bones with numerous conference rooms, a large lunchroom, executive-sized offices with windows and features the ability to highlight two main entrances, allowing the ability to demise for multiple users. The property may present a great opportunity for an adaptive reuse project given the permitted uses within the zoning.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

MU-II

APN/PARCEL ID

583630,583632,583633,583634

ASK ABOUT THIS PROPERTY

Jennifer MartinFirst Commercial Real EstateMore Info
503-851-9428

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Jennifer MartinFirst Commercial Real EstateMore Info
503-851-9428

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