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    OFF-MARKET
    Commercial real estate

    2045 Liberty St, Salem, OR 97301

    1,008 SF 0.15 ac lot
    Property ID
    US71-1731453
    Property summary
    AI-generated overview

    This exceptional Salem, Oregon commercial property, located at 2045 Liberty Street, presents a unique investment opportunity. Situated on a 0.15-acre lot, the main structure offers 1,008 square feet of usable space. Currently utilized as a private residence, this property is zoned CG and grandfathered in as residential on an FHA loan. Recent upgrades include newer vinyl siding, flooring, kitchen cabinetry, and roofing. Note that an upstairs bonus room is not included in the listed square footage. A significant advantage is the inclusion of a separate wired shop building ("Barn") featuring a 9-foot bay door, private alley access, and a loft, providing an additional 16x32 feet of floor space. This shop has its own electric meter. The property's location within Salem's North Downtown opportunity zone offers substantial potential for various business ventures, making it an ideal choice for entrepreneurs seeking a work and live opportunity. The asking price is $409,000. This property is a rare find, combining residential comfort with significant commercial potential in a highly desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,008 SF
    Lot 0.15 ac (6,534 SF)
    UPID US71-1731453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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