810-870 Commercial St Salem, OR 97302
- Retail properties
- 7,712 SF
Current Use by Public Records
- Retail properties
Property Details for 810-870 Commercial St
- Property size
- 7,712 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
Mission Place, located at 810-870 Commercial St SE in Salem, Oregon (zip code 97302), presents a compelling investment opportunity in a well-maintained commercial retail property. This 7,712 square foot center is situated on a 0.49-acre lot at the highly visible corner of Commercial and Mission Streets, benefiting from a signalized intersection and excellent accessibility. The property features eleven individual suites, with one currently available, offering 430 square feet of space. Each suite includes private restrooms and water access, providing convenience for tenants. The property offers ample parking for customers and employees. Leases are structured as full-service rates, encompassing nighttime security. Tenant responsibilities include janitorial services, liability insurance, phone, and internet costs. This location is just south of Downtown Salem, providing easy access to a thriving commercial district and a strong customer base. The property's strategic location and well-maintained condition make it an attractive option for a variety of retail businesses. The multiple ingress/egress points ensure convenient access for both customers and deliveries. This is an exceptional opportunity to acquire a well-positioned retail property in a desirable Salem location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.044
- Latitude
- 44.933
