300-390 High St SE Salem, OR 97301
Fully occupied commercial property in Salem's Central Business District.
Property size:
61,521 SFProperty Features for 300-390 High St SE
General Information
- Size
- 61,521 SF
Building Details
- Year built
- 1977
Source:
Svn
Listing Agent: Curt Arthur, Sior
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Salem Investment Opportunity
Located in downtown Salem, this property offers an investment opportunity with a total building area of 61,521 square feet, of which 52,845 square feet is net rentable area. The property comprises 22 units across 4 buildings and is zoned CBD - Central Business District. Building A has 16,908 square feet, Building B has 19,699 square feet, Building C has 20,178 square feet, and Building D has 4,736 square feet. The property is at 99% occupancy with upside in rents. The location is surrounded by dining, retail, office, and entertainment options. It is near the Oregon State Capitol, Willamette University, Bush Park, and Pringle Park. With access to major transportation routes, this asset presents an attractive proposition for property owners seeking a well-positioned investment in Salem's market. The property is a desirable asset for retail and office investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.035174
- Latitude
- 44.942441
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FAQs
What type of property is this?
Shopping mall - Fully occupied commercial property in Salem's Central Business District.
Where is this shopping mall located?
The property is located at 300-390 High St SE Salem, OR.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: - Prime location in the heart of downtown Salem, zoned Central Business District (CBD).; - Significant rental upside potential.; - High occupancy rate of 99%.