2425 25th St SE - Freestanding FOR SALE


Salem, OR 97302- Southeast Salem
$2,795,000 USD
503-559-2694
2425 25th St SE, Salem, OR for Sale
$2,795,000 USD
Freestanding - FOR SALE
1/51
null | Request Cap Rate

2425 25th St SE
Salem, OR 97302
Southeast Salem


HIGHLIGHTS

  • Located within a designated Opportunity Zone
  • Positioned on a prominent corner in Southeast Salem
  • Demised for two primary interior tenants

OVERVIEW

We are pleased to present 2425 25th Street SE, a 15,000-square-foot multi-tenant retail/flex building situated on a highly visible 1.25 acre corner lot in Salem, Oregon. Located at the signalized intersection of 25th Street SE and McGilchrist Street SE, the property offers exceptional exposure in a densely trafficked industrial and commercial corridor just minutes from the Salem Municipal Airport and I-5. Qualified Opportunity Zone: Located within a designated Opportunity Zone, offering potential buyers significant federal tax advantages, including capital gains deferral and reduction for long-term holds. Strategic Location: Positioned on a prominent corner in Southeast Salem, the site benefits from strong daily traffic counts, easy access to major regional arterials, and proximity to Salem’s industrial sectors. Flexible Footprint: The versatile flex-shell construction allows the building to be easily adapted for standard light industrial, showroom, or continued retail/entertainment uses, catering to a broad pool of prospective tenants. Current Configuration: Demised for two primary interior tenants (a brewery and a restaurant/arcade) with high-value infrastructure including commercial kitchen build-outs, roll-up doors, and heavy power, plus a dedicated pad for a food truck operator.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

Mcgilchrist street SE

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

IC

APN/PARCEL ID

582575

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.