1705 Commercial St SE - Office/Residential FOR SALE


Salem, OR 97302
$779,900 USD
503-485-1900
1705 Commercial St SE, Salem, OR for Sale
$779,900 USD
Office/Residential - FOR SALE
1/47
null | Request Cap Rate

1705 Commercial St SE
Salem, OR 97302


HIGHLIGHTS

  • High Traffic Visibility
  • Recent Improvements
  • Separate Studio Apartment
  • ADA Compliant
  • New Parking Lot - 7 spaces

OVERVIEW

Prime South Salem Location at the corner of Commercial & Washington: 2-story home-to-office conversion with studio basement apartment with private access. Updates include interior/exterior paint, landscaping, flooring, lighting, plumbing, & electrical. New 7-space parking lot with ADA entrance. The main level features a reception area, conference rm, new ADA restroom & potential for additional offices/workstations. The 2nd level boasts 3 more offices, restroom & ample storage space. Perfect for owner-user or multi-users while also offering a residential rental to help offset costs. Building Square Footage: Basement/Apartment - 963 SF First Floor - 1103 SF Second Floor - 688 SF Please use OREF forms.

FOR SALE DETAILS

PRICE

$779,900 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

CO

APN/PARCEL ID

R73283

ASK ABOUT THIS PROPERTY

Gladys BlumBlum Real EstateMore Info
503-485-1900

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Gladys BlumBlum Real EstateMore Info
503-485-1900

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