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    2345 Mcgilchrist St Salem, OR 97302

    Sponsored
    For Lease
    $18 SF/Yr

    Three Suites, 19,150 SF Total

    Lot size:
    19,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Salem, Oregon industrial property, located at 2345 McGilchrist St SE, 97302, offers three warehouse suites totaling 19,150 square feet on a 47,916 square foot lot in Marion County. The property is zoned IG and features multiple tenancy options. Each suite boasts a convenient 12x14 roll-up door and a private restroom. Suites 12 and 13 are currently combined but can be easily separated to accommodate individual tenant needs, offering flexibility for various business sizes. Individual suite sizes range from 1,300 to 1,650 square feet. The property provides ample parking, both on-site and on the street, with convenient ingress and egress points from McGilchrist Street and 23rd Street. The lease includes a base rent

    Property Features for 2345 Mcgilchrist St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,150 SF
    Total Rate
    28725

    Unit(s) available at that property

    Space
    13
    Size
    1,650 SF
    Rate per SF
    $18
    Space
    12
    Size
    1,395 SF
    Rate per SF
    $18
    Space
    10
    Size
    1,300 SF
    Rate per SF
    $18

    HighLights

    • 19,150 SF industrial property on a 47,916 SF lot in Salem, OR.
    • Three warehouse suites, each with a 12x14 roll‑up door and private restroom.
    • Suites range from 1,300 to 1,650 SF; Suites 12 & 13 are combinable/divisible.
    • IG zoning, ample on‑site and street parking, convenient access.
    • Located at 2345 McGilchrist St SE, Salem, OR 97302.
    Property Profile Location Intelligence

    Current Use by Public Records

    Catalyst Community Fitness Gym Salem-Keizer Brazilian Jiu-Jitsu ... Martial Arts School Environmental Testing & Training ... Environmental Consultant ISO Plumbing & Mechanical Plumber Kwik Wash Pressure ... Pressure Washing Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0141319
    Latitude
    44.9172434

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    FAQs

    What type of property is this?
    Distribution property - Three Suites, 19,150 SF Total
    Where is this distribution property located?
    The property is located at 2345 Mcgilchrist St Salem, OR.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 19,150 SF industrial property on a 47,916 SF lot in Salem, OR.; Three warehouse suites, each with a 12x14 roll-up door and private restroom.; Suites range from 1,300 to 1,650 SF; Suites 12 & 13 are combinable/divisible.
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    2345 Mcgilchrist St Salem, OR 97302
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    Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2345 Mcgilchrist St Salem, OR 97302
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