250 Church St SE - Loft/Creative Space FOR SALE


Salem, OR 97301- Downtown Salem
$9,000,000 USD
971-273-7670
250 Church St SE, Salem, OR for Sale
$9,000,000 USD
Loft/Creative Space - FOR SALE
1/2
null | 6.7% Cap Rate

250 Church St SE
Salem, OR 97301
Downtown Salem


OVERVIEW

This well-maintained Class-A office building is available for acquisition at a 6.7% cap rate. Built in 1995, the property benefits from established operations and experienced ownership. The tenant roster consists of long-term occupants, supporting steady income. A straightforward opportunity to secure a stable, income-producing asset.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Place Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

CB

APN/PARCEL ID

589488

ASK ABOUT THIS PROPERTY

Mike MosarMosar Commercial PropertiesMore Info
971-273-7670

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Mike MosarMosar Commercial PropertiesMore Info
971-273-7670

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