1890 State St Salem, OR 97301
- Commercial real estate
Current Use by Public Records
- Black Swan Boutique / Clothing Store
Property Details for 1890 State St
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 2,614 square foot lot located at 1890 State Street in Salem, Oregon, 97301. The property, built in 1924, is zoned MU-II, offering versatile usage options. The building itself offers approximately 1,500 square feet of open space previously used as a karate and dance studio, along with two smaller rooms suitable for private offices, and a lobby/reception area including two restrooms. The main entry is conveniently located on 19th Street. Priced at $400,000, this property boasts a prime location in Salem's bustling retail district, providing high visibility and significant potential for a variety of retail businesses. Its historic charm and adaptable layout combine classic architecture with modern possibilities, making it an attractive investment for those seeking a blend of character and opportunity within a thriving commercial area. This is a rare chance to acquire a piece of Salem's vibrant retail landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.0184687
- Latitude
- 44.9345872
