Fully Leased Light Industrial
For Sale
$1,905,000
2608-2618 Cherry Avenue Northeast, Salem, OR 97301
Two fully fenced light industrial buildings are offered for sale with three in-place tenants.
Days on Market12
Property Features for 2608-2618 Cherry Avenue Northeast
General Information
Standard status
Active
Property subtype
Industrial
Occupancy
100%
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1991
Tenancy
Multi
Listing Agency:
Capacity Commercial Group
(503) 559-7990
Listed By:
Curt Arthur, SIOR · License #201230204
(503) 559-7990
Source:
Corfac
Added: Jul 22
Changed: Jul 23
Last Checked: Aug 2 at 7:09AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
This offering includes two light industrial buildings presented as a fully leased investment. The properties are described as fully fenced and are currently occupied by three tenants: Lefty's Plumbing, BW Customs, and Razborka.
The asset is located at 2608–2618 Cherry Avenue Northeast in Salem, Oregon, and is marketed as a sought-after, fully leased light industrial investment.
Buyers should note the multi-tenant configuration across two buildings and the fully fenced site condition as key characteristics of this industrial package.
The asset is located at 2608–2618 Cherry Avenue Northeast in Salem, Oregon, and is marketed as a sought-after, fully leased light industrial investment.
Buyers should note the multi-tenant configuration across two buildings and the fully fenced site condition as key characteristics of this industrial package.
Key Highlights
- Two light industrial buildings offered for sale with 3 in‑place tenants.
- Both buildings are fully fenced.
- Property includes two buildings and was built in 1991.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Explore this area
Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Two fully fenced light industrial buildings are offered for sale with three in-place tenants.
Where is this manufacturing property located?
The property is located at 2608-2618 Cherry Avenue Northeast Salem, OR.
What is the asking price?
The asking price for this property is $1,905,000.
What are key features of this property?
This property features: Two light industrial buildings offered for sale with 3 in‑place tenants.; Both buildings are fully fenced.; Property includes two buildings and was built in 1991.
