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187 High St Salem, OR 97301

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For Sale
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9,950 SF Vacant Storefront, $1.625M

Property size:
9,950 SF

Property Features for 187 High St

General Information

Property type
Retail space
Square Feet
9,950 SF

Building Details

Units
1

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Listing Contact
Terry Hancock
Terry Hancock

Listing Agency: Hancock Real Estate Listing Agent: Terry Hancock

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

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Property Insight Report

Overview

This exceptional 9,950 square foot retail space, located at 187 High St NE in Salem, Oregon, presents a unique investment opportunity. The property, part of the Courthouse Condominiums, is a separate parcel (APN 073W27AB90001) and currently vacant. Built in 1900, the building features exposed brick and beams, adding character and charm to the ground floor retail area. The space includes a storefront with ample natural light, a kitchenette, restrooms, and substantial storage. A large basement area offers additional storage, totaling over 9,950 square feet. The property is zoned CB and is offered at $1,625,000, translating to $163.32 per square foot. This versatile space is ideal for a variety of retail uses, including grocery stores and restaurants, offering significant potential for a discerning owner/user. The property's prime downtown Salem location ensures high visibility and accessibility. The historic building and spacious layout provide a unique opportunity to establish a thriving business in a vibrant urban setting. This is a rare chance to acquire a substantial, well-located retail property in a desirable Oregon market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dave Barrows & Associates Charitable Organization Daniel Dollinger CPA ... Financial Advisor Salon Blu Hair Salon Optimum Accounting LLC Accounting Firm

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.03679309627
Latitude
44.940368439372

FAQs

What type of property is this?
Retail space - 9,950 SF Vacant Storefront, $1.625M
Where is this retail space located?
The property is located at 187 High St Salem, OR.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 9,950 square foot building on parcel 073W27AB90001; 1900 construction; $1,625,000 sale price
(503) 371-1234 Call to check price and availability
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