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Vacant South Salem Office Vacant South Salem Office Vacant South Salem Office Vacant South Salem Office Vacant South Salem Office

Property Overview

Price/Rent PSF $ 489,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 2,762
Date Available 01/11/2021
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Description

Location
The 12th Street corridor is the secondary arterial from South Salem to Central Salem and was recently improved and widened by the City. It is in an area of growing medical developments as it sits just 1 mile south of the hospital. Outstanding visibility.

Sale
This duplex style building can be used as one single office -or- was designed as two side by side suites. Buyer could occupy one side and rent the other. Building was constructed in 1967 and has not been substantially remodeled but with the high cost of new construction this is a rare opportunity to buy an existing building in this size range and remodel it with a total investment far less than building.



The City of Salem has .44 acres adjacent to the subject property that was acquired via condemnation during their recent street widening. Combined with the subject property this could also make a very unique development opportunity. Inquire with listing broker for more information.

Location

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