250 Division St NE - Office FOR SALE


Salem, OR 97301- Downtown Salem
$1,700,250 USD
503-569-0074
250 Division St NE, Salem, OR for Sale
$1,700,250 USD
Office - FOR SALE
1/24
null | Request Cap Rate

250 Division St NE
Salem, OR 97301
Downtown Salem


HIGHLIGHTS

  • Sales Price: $1,770,250.00
  • Lease Price Range: $1.25-1.50/SF/MO NNN (NNN estimated at $.75/SF/MO)
  • Flexible Office Building Fully Fenced
  • 23 Parking Spaces
  • Turn-Key Administrative Office Facility

OVERVIEW

Located in the heart of Salem, OR, this property offers a rare opportunity to own or lease a secure, well-configured office facility ideally suited for nonprofits, government agencies, community service providers, and professional office users. Featuring 12 private offices, conference rooms, ADA restrooms, secured parking (23 spaces), full perimeter fencing, and flexible workspace areas, the property offers immediate functionality at a price below replacement cost. Neighboring tenants include Salem Police Department, Day Heating, Union Gospel Mission, and Bridgeway Community Services. The building’s layout is well-suited for owner-users or tenants seeking a functional office environment with the ability to accommodate multiple users or departments.

FOR SALE DETAILS

PRICE

$1,700,250 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

CO

APN/PARCEL ID

589377

ASK ABOUT THIS PROPERTY

Jerry JonesSPERRY - Pikes NWMore Info
503-569-0074

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Jerry JonesSPERRY - Pikes NWMore Info
503-569-0074

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