2586 12th Pl SE - Medical FOR SALE


Salem, OR 97302- Morningside
$446,000 USD
503-309-5106
2586 12th Pl SE, Salem, OR for Sale
$446,000 USD
Medical - FOR SALE
1/7
null | Request Cap Rate

NEW


2586 12th Pl SE
Salem, OR 97302
Morningside


HIGHLIGHTS

  • Three buildings on 0.41 acre lot
  • Potential for Owner User w/income or live-work
  • Well suited for professional, medical, or service-oriented user
  • Located in a mixed commercial and residential area of South Salem
  • Off-street parking

OVERVIEW

This owner-user opportunity consists of three separate buildings, offering the ability to occupy one or more buildings while generating rental income from the others and/or creating a live-work arrangement. The property is well suited for professional, medical, or service-oriented users seeking flexibility and long-term upside. Building 1 and Building 2 are each approximately 1,100 SF and were most recently used as a counseling office, featuring functional layouts with a reception area and multiple private offices that allow for immediate owner-user occupancy or lease-up. Building 3 is approximately 775 SF and offers additional value-add potential. While in need of some TLC, this building presents an opportunity for conversion to a live-work space, supplemental office, or rental unit, subject to buyer verification and approvals. Surrounded by a mix of commercial and residential uses, the property provides a flexible configuration for an owner user seeking both operational space and income potential in Southeast Salem.

FOR SALE DETAILS

PRICE

$446,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CO

APN/PARCEL ID

527963

ASK ABOUT THIS PROPERTY

Denise BrohoskiCommercial Real Estate NWMore Info
503-309-5106

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Denise BrohoskiCommercial Real Estate NWMore Info
503-309-5106

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