217 State St - Storefront Retail/Office FOR SALE


Salem, OR 97301
$1,895,000 USD
503-559-9279
217 State St, Salem, OR for Sale
$1,895,000 USD
Storefront Retail/Office - FOR SALE
1/19
null | Request Cap Rate

NEW


217 State St
Salem, OR 97301


HIGHLIGHTS

  • 217 State - $1,895,000 • 13,270 SF
  • CB Zoned - Central Business District
  • Street Parking • Private Upper Level Parking Garage
  • High Visibility Location • Signaled Intersection
  • Qualified Opportunity Zone (QOZ)
  • Up to $699,000 in Urban Renewal Grant Funds • 20% Historic Tax Credit

OVERVIEW

Step into the heart of Salem's bustling downtown with the opportunity to purchase, or embark on a joint venture at the Historic Furlong Building. Nestled at the signaled intersection of the Central Business District, this property boasts prime visibility and a high-traffic locale. With 13,270 SF, including a unique upper-level parking garage, this location is positioned directly across from the scenic 26 acre Riverfront Park, seize the chance to establish your presence in this vibrant retail center.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CB

APN/PARCEL ID

R89341

ASK ABOUT THIS PROPERTY

AJ NashTradition Real Estate PartnersMore Info
503-559-9279

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AJ NashTradition Real Estate PartnersMore Info
503-559-9279

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