216-222 Commercial St NE - Storefront Retail/Office FOR SALE


Salem, OR 97301- Downtown Salem
$1,190,000 USD
503-931-2892
216-222 Commercial St NE, Salem, OR for Sale
$1,190,000 USD
Storefront Retail/Office - FOR SALE
1/18
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NEW


216-222 Commercial St NE
Salem, OR 97301
Downtown Salem


OVERVIEW

Perfect opportunity to own a historic building in Downtown Salem! Building has 3 separate tenant spaces with space 216 on the street level being connected to space 222 on the second floor via a stairwell. Past tenants include a beauty salon, men's clothing store, clothing resale shop, high-end jeweler, and an architectural office. Current tenant in 216 and 222 is a co-working office. Space 220 is currently vacant. Building will be vacant on August 1. Perfect for an owner/user!

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CB

APN/PARCEL ID

589224

ASK ABOUT THIS PROPERTY

Tom DalkeDalke Property Management, LLCMore Info
503-931-2892

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Tom DalkeDalke Property Management, LLCMore Info
503-931-2892

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