3404-3410 Commercial St SE - Freestanding FOR SALE


Salem, OR 97302
$1,420,000 USD
503-884-1273
3404-3410 Commercial St SE, Salem, OR for Sale
$1,420,000 USD
Freestanding - FOR SALE
1/9
null | 7.24% Cap Rate

3404-3410 Commercial St SE
Salem, OR 97302


OVERVIEW

Iconic location with great traffic counts! located in front of the bustling South Salem Fred Meyer, this fully leased property is now for sale as an investment property with 3 income streams, 2 long term tenants and a billboard. Great signage and visibility. Contact listing Broker for offering memorandum and details on proforma. Please do not disturb the tenants.

FOR SALE DETAILS

PRICE

$1,420,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

7.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

CR

APN/PARCEL ID

R91277

ASK ABOUT THIS PROPERTY

Elesa DollSMI Real EstateMore Info
503-884-1273

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Elesa DollSMI Real EstateMore Info
503-884-1273

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