The Historic Tiger Engine Co. No. 2 Fire House!
Discover a unique owner-user opportunity or investment opportunity with tremendous rental upside. This gorgeous, remodeled historic 4,573 +/-sq. ft. building, constructed in the 1900s, features a perfectly suited street retail or office space on the ground floor and two separate apartments located on the 2nd floor (1 bed/1 bath & 2 bed/1 bath). Zoned CB and nestled within the Salem Downtown Historic District overlay zone, this property boasts a rich history as Salem's second firehouse in the 1900s. With its timeless character and prime location, it offers the perfect blend of charm and functionality, making it an ideal choice for investors looking to capitalize on the growing demand for unique rental spaces and housing. Don’t miss out on this exceptional opportunity!
**10 on-site parking stalls (includes 1 motorcycle stall) located in the back of the building
**New roof in 2023
**Newer mini-split
**Ground-floor space is approximately 2,400 SF
**Excellent opportunity to take advantage of the City of Salem Toolbox Funds/Grants for desired improvements
**The apartment units were most recently used as short-term rentals
**Seller is focused on marketing to secure long-term tenants for the retail space and apartments