645 9th NW St, Unit 105 Salem, OR 97304-3299
- Retail space
- 16,793 SF
- 1.79 lot acres
Sep 04, 2024
Current Use by Public Records
- Gentle Dental West Salem / Dental Office
- DaVita Glen Creek Dialysis / Medical Clinic
- Sasia Schumacher, Mortgage Loan Officer at OnPoint Mortgage - NMLS #628363 / Loan Service / Bank
- Rachel Means / Dental Office
- Milan Laser Hair Removal / Skin Care Clinic
Property Details for 645 9th NW St
- Year built
- 2018
- Lot size
- 1.79 lot acres
- Property size
- 16,793 SF
- Zone code
- IP
- Property type
- Retail space
- APN
- 07321-AD-07100
- APU
- 07321AD07100
Description
This exceptional retail space, located at 645 9th Street NW in Salem, Oregon, presents a fantastic opportunity for a discerning business. The property, known as The Pointe at Glen Creek, is a single-suite commercial building totaling 3,263 square feet, with 1,605 square feet currently available for lease. Situated in Polk County, this property offers high visibility and accessibility in a thriving commercial area. The address is conveniently located at 645 9th Street NW, Salem, OR 97304. The space is ideal for a variety of retail uses, offering ample room for showcasing products and providing excellent customer service. The building's design and layout are conducive to a comfortable and efficient retail operation. The property's location within Salem provides easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to secure a well-positioned retail space in a desirable area of Salem. The available space is ready for immediate occupancy, allowing for a quick start to your business operations. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity. The property is classified as retail commercial with multiple tenancy.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,370,000
- 6.5%
- $3,110,000
- 7%
- $2,885,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,162,000
Market price range: $1.24M - $3.16M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,135,000 Current use
- OFFICE BUILDING
- $4,660,000 Change: +13% Conversion: Easy
- COMMERCIAL (GENERAL)
- $4,405,000 Change: +6% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Polk
- State
- Oregon
- Longitude
- -123.053
- Latitude
- 44.9497
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA