1920 Mcgilchrist SE St, Salem, OR 97302-1561
- Warehouses
- 3,968 SF
- 1.23 lot acres
Current Use by Public Records
- Resilient Human Performance / Gym & Fitness Center
Property Details for 1920 Mcgilchrist SE St
- Year built
- 1978
- Lot size
- 1.23 lot acres
- Zone code
- IC
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 073W35DB04400
- APU
- 073W35DB04400
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 30, 2021 | — | Legacy III Family Limited Partnersh | Nathan J Levin | Special Warranty Deed | — |
| Aug 10, 2018 | — | Nathan J Levin | — | Deed · related | — |
| Jul 26, 2010 | — | Nathan J Levin | — | Trustees Deed · related | — |
| Sep 2, 2009 | — | Nathan J Levin | — | Trustees Deed · related | $100k · Willamette Valley Bank |
| Jan 23, 1998 | — | Penelope A Levin | Levin,nathan J | Quit Claim Deed · related | $1.1M · Bank Of Salem |
| Aug 4, 1983 | — | Nathan J Levin | Unknown | Grant Deed · related | — |
| — | — | Nathan J Levin | — | Deed Of Trust · related | — |
| — | — | Nathan J Levin | — | Deed Of Trust · related | $250k · Willamette Valley Bank |
| — | — | Nathan J Levin | — | Loan Modification · related | — |
| — | — | Nathan J Levin | — | Deed Of Trust · related | — |
Description
This Salem, Oregon industrial flex space, located at 1920 McGilchrist St SE (cross street: 19th St SE), offers 4,000 square feet of versatile space in a single-story, Class C building. Completely renovated in 2013, the property boasts a 14-foot ceiling height and features one drive-in door. The 400 amp, 110/220V, 1-phase power supply is suitable for a variety of uses. With a 70-foot frontage, the building is zoned for industrial commercial purposes. The property is part of the Salem Business Park I, a multi-tenant complex established in the early 1980s, with each building fully insulated and air-conditioned. The rent is modified gross, including base year property taxes, base building insurance, and exterior maintenance. Tenants are responsible for their utilities. The property is currently fully vacant and ready for immediate occupancy. This is an excellent opportunity for businesses seeking flexible, well-maintained space in a convenient Salem location. The property's convenient location and updated features make it an ideal choice for a variety of businesses.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,360,000
- AI Estimate
- $1,360,000
Market price range: $464k - $1.36MMarket price range: $464k - $1.36M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $965,000 Current use
- AUTO REPAIR, GARAGE
- $1,415,000 Change: +47% Conversion: Easy
- MEDICAL BUILDING
- $1,340,000 Change: +39% Conversion: Difficult
- OFFICE BUILDING
- $1,260,000 Change: +31% Conversion: Difficult
- RETAIL STORES
- $975,000 Change: +2% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $955,000 Change: -1% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.02
- Latitude
- 44.9164
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
