Red Cross Building - West Salem
Listing was updated at: 04/18/2019
Property Overview
Price/Rent PSF Inquire
Asset Type Office
Trade Type Sale
SQ. FT. Available 19,176
Date Available 04/18/2019
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With a combined traffic count of approximately 40,000 cars per day the subject property is one of the most visible sites in West Salem. Corner location at a lighted three way signalized intersection. The property is less than 3 minutes to downtown Salem.

With the American Red Cross relocating in early 2019 this creates a very rare opportunity to purchase a larger two-story office building for an owner occupant in West Salem. This is a community of more than 40,000 residents with an ever growing need for professional and medical office space. The building is less than 20 years old and is in above average condition throughout.

Each level of this building is approximately 9,000 SF. One current tenant remains in the building and that is a medical/dental client currently on a short-term agreement making the entire building available for an owner occupant. 54 parking spaces are striped on site and an easement to the adjacent property provides for an additional 11 spaces.

The property is being marketed "subject to offer" and we can furnish an interested buyer a recent MAI appraisal indicating a value of $2,695,000.