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Hillcrest Youth Correctional Facility

Listing was updated on: 10/11/2019
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Property Overview

Price/Rent PSF Inquire
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 207,263
Spaces Show
Date Available 10/11/2019
Additional URL Link
Parking 178
Additional parameters Show
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Description

Location
Located at 2450 Strong Road, the former Hillcrest Youth Correctional Facility includes 23.79 acres of grounds and 207,263 square feet of building area. Approximately 4 miles east of the downtown business district. Close to I-5 and the Salem Municipal Airport.

Sale
The subject property is 23.79a inside the Salem City Limits with 15 existing buildings totaling over 200,000 SF all situated in one of two Opportunity Zones in Salem. Client prefers to lease but would consider selling.

The subject property was operated as the Hillcrest Youth Corrections Center from 1923 to 2003. but has been vacant since 2017. The campus setting consists a water tower, outdoor swimming pool, sand volleyball courts, soccer and softball fields. We feel a number of the existing buildings could be repurposed. There is an underground tunnel that connects some of the buildings. Although the property was built for the use of a correctional facility it could be suitable for hospitality, multi-family, educational, etc. The property has mature trees surrounding the area and throughout the property along with a small wetland area. With the property situated at a higher elevation, it does give way to some great views towards the northeast.

Lease
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Location

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