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945 Columbia St NE Salem, OR 97301

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For Sale
$599,000

7,362 SF office building in Salem, Oregon.

Property size:
7,362 SF
Lot size:
0.36 Acres

Property Features for 945 Columbia St NE

General Information

Size
7,362 SF
Lot size
0.36 Acres

Source: Coldwell Banker Commercial - Mountain West | Salem Agent Jeff Miller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Salem Office Building For Sale

This 7,362 square foot office building, as per Marion County Records, presents a compelling opportunity for an owner/user or investor. Constructed in 1954 and remodeled in 2001-2002, the property is located in a central area of Salem, Oregon. The zoning is RA (Residential Agricultural) with an underlying RS (Single Family Residential) comprehensive plan zoning. The building is currently 100% occupied by six tenants, providing immediate income. The property is well-maintained and offers a turnkey investment. There is strong rent upside potential for an investor by restructuring the current shorter term leases upon renewal.
Insight Report Location Intelligence

Current Use by Public Records

NW Mind-Body Wellness Mental Health Service Salem Community Development Non-Profit Organization Intisar Strategies Consultant Stepping Stone Mentoring Non-Profit Organization Cascade Lending, LLC Mortgage Broker

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.0215991
Latitude
44.9593099

FAQs

What type of property is this?
Office building - 7,362 SF office building in Salem, Oregon.
Where is this office building located?
The property is located at 945 Columbia St NE Salem, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: - 100% occupancy for immediate income.; - Strong rent upside potential by restructuring shorter term leases.; - Well-maintained and turnkey investment opportunity.
More about this property
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