Mixed-Use Income Property Retail FOR SALE


Salem, OR - Highland
$815,000 USD
503-559-2694
, Salem, OR for Sale
$815,000 USD
Retail - FOR SALE
1/8
null | 6% Cap Rate

Mixed-Use Income Property
Salem, OR
Highland


OVERVIEW

Three contiguous tax lots totaling 0.28 acres of commercially-zoned MU-I land in Northeast Salem, improved with two buildings comprising 5,272 square feet. The primary Building at 2380 Fairgrounds Rd NE (4,408 SF, built 1940) is a multi-use building housing three residential apartments and one commercial tenant. The secondary building at 2370 Fairgrounds Rd NE (864 SF, built 1940) is occupied by a commercial tenant. A third parcel at the 1300 block of Smith St NE provides 3,568 SF of supporting site land and parking. All five units are currently occupied.

ASK ABOUT THIS PROPERTY

Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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