2850-2860 Broadway St NE - Medical FOR SALE


Salem, OR 97303
$19,800,000 USD
503-587-4777
2850-2860 Broadway St NE, Salem, OR for Sale
$19,800,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

2850-2860 Broadway St NE
Salem, OR 97303


HIGHLIGHTS

  • Flexible leases in place
  • High Visibility Location
  • 286 Onsite parking spaces + Overflow Lots

OVERVIEW

Owner-User opportunity to purchase the building and occupy all or a portion of the available space. The current lease with the city runs through November 2026, allowing for flexibility. Cafe Tenant is also on flexible terms if an owner-user wants to occupy that space. The building is zoned MU3, allowing for a variety of uses. Adjacent properties at 3130 and 3160 Broadway are not included in the sale but could be negotiated into terms.

FOR SALE DETAILS

PRICE

$19,800,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broadway Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.29 AC

LAND SF

273,992 SF

ZONING

MU-III

APN/PARCEL ID

526481

ASK ABOUT THIS PROPERTY

Alex RhotenColdwell Banker Commercial Mountain WestMore Info
503-587-4777

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Alex RhotenColdwell Banker Commercial Mountain WestMore Info
503-587-4777

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