945 Columbia St NE - Office/Residential FOR SALE


Salem, OR 97301
$690,000 USD
503-999-5210
945 Columbia St NE, Salem, OR for Sale
$690,000 USD
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

945 Columbia St NE
Salem, OR 97301


OVERVIEW

Presenting a former convent converted to a 7,362 SF (Per Marion County Records) office building in Salem, Oregon. The Property is not elevator served however, it offers two (2) floors of usable office space with three (3) ADA restrooms, shared kitchen and conference room on the first floor and four (4) ADA restrooms and a conference room on the second floor. The Property offers compelling value for owner/users or an investors by restructuring the current shorter term leases upon renewal. -Compelling value for owner/user or investor -Strong rent upside potential for an investor by restructuring the current shorter term leases up renewal -Central location in Salem, Oregon -100% occupancy for immediate income -Zoned RA (Residential Agricultural) with an underlying RS (Single Family Residential) comp plan zoning

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

North Neighborhood Resource Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

RA

APN/PARCEL ID

R96384

ASK ABOUT THIS PROPERTY

Jeff MillerColdwell Banker Commercial Mountain WestMore Info
503-999-5210

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Jeff MillerColdwell Banker Commercial Mountain WestMore Info
503-999-5210

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