387 Court St NE - Office FOR SALE


Salem, OR 97301
$1,295,000 USD
503-559-2694
387 Court St NE, Salem, OR for Sale
$1,295,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

387 Court St NE
Salem, OR 97301


OVERVIEW

This professional office building is in the core of downtown Salem. Located on the vibrant Court Street between Liberty and Commercial Streets, this building offers a unique opportunity for street-level retail-like professional office space. Beautiful exposed brick with up to eight private offices, spacious conference room and copy/break room. Partial basement ideal for storage. Buyer to complete due diligence for occupancy of basement. Commercial Business zoning allows for a wide array of uses in this prime location downtown. Neighboring businesses include Jackson’s Jewelers, Bentley’s Coffee, the Reed Opera House and access to Electric Alley, Salem’s most activated alley. Convenient parking located around the alley corner from the Chemeketa Parkade.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CB

APN/PARCEL ID

R89219

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 Policy.