2608-2618 Cherry NE ave - Industrial FOR SALE


Salem, OR 97301- Highland
$1,905,000 USD
503-588-4146
2608-2618 Cherry NE ave, Salem, OR for Sale
$1,905,000 USD
Industrial - FOR SALE
1/4
null | Request Cap Rate

2608-2618 Cherry NE ave
Salem, OR 97301
Highland


HIGHLIGHTS

  • Sought after fully-leased light industrial investment
  • Two buildings - fully fenced
  • Tenants: Lefty's Plumbing, BW Customs, and Razborka

OVERVIEW

Industrial Investment. Two-building complex, fully fenced., with three tenants generating $163,473 per year in gross income. Leases are modified gross so Landlord pays taxes, insurance, and exterior building maintenance. Light industrial buildings like these have had very low vacancy for the past few decades. Call listing agents for more information.

FOR SALE DETAILS

PRICE

$1,905,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2608-2618 Cherry Ave

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.63

LAND SF

71,003

ZONING

IG

APN/PARCEL ID

526382

ASK ABOUT THIS PROPERTY

Curt Arthur, SIORCapacity Commercial Group LLCMore Info
503-588-4146

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Curt Arthur, SIORCapacity Commercial Group LLCMore Info
503-588-4146

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