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Listed by ALEX RHOTEN • COLDWELL BNKR/COMMERCIAL DIV • Agent: 503-587-4777
$ 2,500,000
Est. payment /mo
Active
1220 12th St SE SE Salem, OR 97302
22,708 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 22,708 sqft
Price per Sqft $110
MLS Listing ID 844766
Year Built 1948
Lot Size 1.540 Acres
Acres 1.54
Property Sub-Type Retail
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
Location
State OR
County Marion
Area 40 Southeast Salem
Building
New Construction No
Nearby Locations
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Ana Solorio
Harcourts Lifestyle Realty Lic# 201235823