Salem Office Building For
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945 Columbia St NE, Salem, OR
7,362 SF office building in Salem, Oregon.
Property Size7,362 SF
Lot Size0.36 Acres
Price / SF$81.36
Days on Market649
Property Features for 945 Columbia St NE
General Information
Standard status
Active
Size
7,362 SF
Lot size
0.36 Acres
Property subtype
OFFICE
Listing Agency:
Coldwell Banker Commercial - Mountain West | Salem
(503) 999-5210
Listed By:
Jeff Miller
(503) 999-5210
Source:
Moodyscre
Added: Oct 23, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial - Mountain West | Salem
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 100% occupancy for immediate income.
- Strong rent upside potential by restructuring shorter term leases.
- Well‑maintained and turnkey investment opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,106
Businesses Nearby
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Business Placement
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
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.