2903 Center St NE - Auto Repair FOR SALE


Salem, OR 97301
$430,000 USD
503-390-6060
2903 Center St NE, Salem, OR for Sale
$430,000 USD
Auto Repair - FOR SALE
1/6
null | Request Cap Rate

2903 Center St NE
Salem, OR 97301


OVERVIEW

Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across from the State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer to complete all due diligence.

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/SF

$597 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM2

APN/PARCEL ID

R69097

ASK ABOUT THIS PROPERTY

Jordan SparksSMI Real EstateMore Info
503-390-6060

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Jordan SparksSMI Real EstateMore Info
503-390-6060

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