435 Liberty St Salem, OR 97301
- Commercial real estate
- 52,387 SF
- 2.65 lot acres
Current Use by Public Records
- Kristin Waite, RPH / Pharmacy
- higi / Health Consultant
- Western Union / Money Transfer Service
- Rite Aid Photo / Photo Lab
- LibertyX Bitcoin ATM / Atm
Property Details for 435 Liberty St
- Year built
- 1962
- Lot size
- 2.65 lot acres
- Property size
- 52,387 SF
- Zone code
- CB
- Property type
- Commercial real estate
- APN
- 073W22DC02000
- APU
- 073W22DC02000
Description
This exceptional retail opportunity is located at 435 Liberty St NE, Salem, Oregon, 97301, in Marion County. The property boasts a substantial 61,461 square feet of total building space, with 25,000 square feet currently vacant, presenting a significant chance for a new tenant. The building is classified as a single-tenant big box retail space, zoned CB, and sits on a generous 2.65 acres of land. Its convenient location near the cross street of Center St. provides excellent visibility and accessibility. The property's APN is 589205. This former Rite Aid location offers significant potential for a variety of retail uses, capitalizing on its strategic position to serve both downtown Salem and the west Salem residential areas. The downtown area is experiencing significant growth, with plans for 1,000 new apartment units in the coming years, promising increased foot traffic and consumer spending. This presents a unique opportunity to establish a thriving retail business in a rapidly developing market. The property's size and location make it ideal for a large-format retailer or a business requiring substantial space. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.038
- Latitude
- 44.9441
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
