5375-5399 Commercial St SE - Freestanding FOR SALE


Salem, OR 97306- South Gateway
$1,550,000 USD
503-566-5706
5375-5399 Commercial St SE, Salem, OR for Sale
$1,550,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

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5375-5399 Commercial St SE
Salem, OR 97306
South Gateway


HIGHLIGHTS

  • High Traffic Retail Corridor
  • Investment /Owner User

OVERVIEW

Introducing an exceptional investment opportunity in Salem, Oregon - a 7,792 SF building comprised of 5 units, featuring a 2,877 SF vacant office space and a fully leased 4,915 SF retail strip center. This property, built in 1978 and zoned MUIII, offers prime space in a highly sought-after location. Embrace the potential of this well-maintained property, ideal for Retail/Strip Center investors seeking a strategic addition to their portfolio. With its prestigious address and multitude of investment possibilities, this offering is not to be missed.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

6.85 AC

LAND SF

298,386 SF

ZONING

MU-III

APN/PARCEL ID

575402

ASK ABOUT THIS PROPERTY

Pam RushingColdwell Banker Commercial Mountain WestMore Info
503-566-5706

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Pam RushingColdwell Banker Commercial Mountain WestMore Info
503-566-5706

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