1105-1115 374 Owens St Salem, OR 97302
- Office Properties & Spaces
- 9,915 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1105-1115 374 Owens St
- Property size
- 9,915 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional Salem, Oregon medical office complex presents a unique investment opportunity for owner-users or investors. The property comprises two buildings totaling 9,915 square feet situated on a generous 36,590 square foot lot in Marion County, zip code 97302. The buildings boast mid-century architectural details, including multiple atriums, and offer ample parking with 57 spaces (a ratio of 6.17 per 1,000 square feet). Three suites are currently built out for medical use, with two occupied by existing tenants who are interested in lease-back options. One suite, measuring 1,606 square feet, is currently vacant. A basement provides additional storage space. The asking price for this property is $2,200,000. This property is ideally suited for both medical professionals seeking to establish or expand their practice and investors looking for a stable, income-generating asset in a desirable location. The existing tenants' desire to remain adds immediate value and potential for long-term lease income.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.043
- Latitude
- 44.9297
