187 High NE St Salem, OR 97301

This exceptional 9,950 square foot retail space, located at 187 High St NE in Salem, Oregon, presents a unique investment opportunity. The property, part of the Courthouse Condominiums, is a separate parcel (APN 073W27AB90001) and currently vacant. Built in 1900, the building features exposed brick and beams, adding character and charm to the ground floor retail area. The space includes a storefront with ample natural light, a kitchenette, restrooms, and substantial storage. A large basement area offers additional storage, totaling over 9,950 square feet. The property is zoned CB and is offered at $1,625,000, translating to $163.32 per square foot. This versatile space is ideal for a variety of retail uses, including grocery stores and restaurants, offering significant potential for a discerning owner/user. The property's prime downtown Salem location ensures high visibility and accessibility. The historic building and spacious layout provide a unique opportunity to establish a thriving business in a vibrant urban setting. This is a rare chance to acquire a substantial, well-located retail property in a desirable Oregon market.