1555 20Th St Salem, OR 97302

Property Details for 1555 20Th St

Lot size

1.84 lot acres

Property type

Residential income homes

Property subtype

Distribution centers

Description

This exceptional investment opportunity encompasses a diverse portfolio of seven buildings situated on a 1.842-acre lot in Salem, Oregon's Marion County, specifically zoned I-G. The portfolio includes a 3,110 sq ft office building featuring a reception area, ADA ramp, central air, four offices, a conference room, and storage rooms; a 3,900 sq ft warehouse with a 700 sq ft loft, generator, tankless water heater, exhaust fan, and bathroom; a 1,800 sq ft cement shop equipped with two 15-foot roll-up doors, an office, 220 power, and an Empire sandblaster; a 720 sq ft shop with a 20-foot slider door; a 700 sq ft storage shop with a roll-away door; and two residential units, one measuring 999 sq ft with two bedrooms and one bath, and another at 768 sq ft with two bedrooms and one bath. Additionally, the property includes six vacant lots zoned I-G/CMSC, representing prime industrial land. The asking price for this unique portfolio is $2,299,327. The property features two dock-high doors and is a Class B building with two stories. This portfolio presents a compelling owner-user opportunity with significant potential. The seller is open to owner financing with favorable terms.