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1220 12th St Se, Salem, OR 97302

$2,500,000
  • 1220 12th St Se, Salem, OR 97302 Main Photo

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Listing Courtesy of: COLDWELL BNKR/COMMERCIAL DIV
Agency Contact: Agent: 503-587-4777
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SQUARE FEET22,708 MLS#844766
STATUS PROPERTY TYPECommercial - Business

Property Description

Introducing an exceptional opportunity for Retail / Street Retail investors in Salem,Oregon. This prime property features a 22,292 SF building, with a rich history dating back to 1948 as the former Coke bottling facility. Zoned IC, offering versatilepossibilities for retail ventures. Currently enjoying 100% occupancy, this investmentpromises immediate returns and ongoing potential in the thriving Salem area. Within Opportunity Zone (See Link)Current lease runs through April 30,2030 with (2) 5 year optionsLease is NNN structureContact Brokers for annual rent information

Property Features

Property Type: Commercial - Business
Lot Size: 1.54 Acres
Year Built: 1948

Feature Descriptions

Days on Site: 12
Lot Dimensions: 1.54 Acre(s)
Price Per Square Foot: 110.09

Listed By / Shown By

Listed By

Agency Name: COLDWELL BNKR/COMMERCIAL DIV
Agency Contact: Agent: 503-587-4777

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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