Properties

Property consists of one tax parcel, approx. 4.76 acres of development land.
Includes 2 older homes and miscellaneous outbuildings.

$167,000 per acre | Sold “As Is”

OFFICE or RETAIL - 260 LIBERTY ST.

Suite 10: (Lower Level) Approx. 11,200 RSF $0.90/SF/Mo. - Full Service (less janitorial)
Lower level is to be taken in “As-Is” Condition.

Suite 200 (Upper Level) Approx. 11,000 RSF (can be demised) $1.85/SF/Mo. - Full Service (less janitorial)
Upper level office space will include a Tenant Improvement Allowance of $30.00/USF for interior improvements such as floor covering, wall paint, demising wall structures, break area, etc. for a financially qualified tenant.

In the heart of downtown Salem and across from regional shopping center, Salem Center and Liberty Plaza. Close proximity to Salem area restaurants, shopping, hospitality, entertainment, transit, State and County government offices, Riverfront Park and more.

Property contains two building structures, a primary residence and a two-tenant commercial space.  Shop rents for $950/mo.  Retail space rents for $500/mo.  Large lot with surplus property in rear for further development.  Both buildings built in 1936 .  Former gas station decommissioned through DEQ.

• First generation retail space will be constructed of CMU block with glass frontage, metal awnings and a drive-thru.  
• Building can accommodate two or three smaller retail tenants all of which will be served by NW Natural Gas, PGE and City of Salem water/sewer.
• Parking ratio of 5/1,000 SF
• Excellent accessibility to I-5 is only one half (0.5) miles from the Portland Rd. (Hwy. 99) I-5 Interchange.
• Located on the Salem’s Cherriots transit line.
• Listing broker is part of ownership.

Free standing, 4,000 SF single level utility building currently used for automotive repair and service.  The current use has been in place for decades. The interior includes one restroom, waiting area and business office.  The property provides for ample on-site parking.

• Excellent visibility and exposure along State and 25th
• Good ingress/egress via State/25th Streets
• On signalized corner
• Excellent property for re-purposing for an owner/user within the newly created Mixed-Use (MUII) Zone.

FEATURES:

Approximately 40.39 total acres consisting of six individual and contiguous tax parcels.

All zoned I (Industrial) 

Please see attached marketing package for more details

INDUSTRIAL WAREHOUSE WITH FULLY FENCED YARD

Historically, this building was home to the Marion County shops. Ideally positioned along Silverton Rd and across from the State Fair Grounds. This industrial building is fully insulated, has a new roof and has newly installed interior heater units. Flexible IG zoning allows for a wide range of uses.  Completely resurfaced.  Newly installed secure perimeter fencing.

Tenant is responsible for: Water, Electricity, Gas, Janitorial, Contents & Liability Insurance, Trash Removal, Real Property Taxes, Interior Building Maintenance and Landscape/Parking Area Maintenance.

Approx. 1,000 rentable square feet of open salon/office space. The space consists of open work area, includes one (1) breakroom with washer and dryer hook-ups and sink as well as one (1) storage area with sink and one (1) ADA restroom.

• Four (4) Hair Stations
• Two (2) Washing Stations
• One (1) "Mixing Room"
• All equipment is personal property and can be negotiated to purchase outside of the lease negotiations.\
• NNN's estimated at $0l2853/SF/mo.

• Last available buildable lot in the attractive Madrona Office Park; a five building office campus situated on approx. 2.46 acres in beautiful park like setting.
• The site exceeds code parking requirements with a dedicated 3.8 parking ratio for the future building.
• The office campus consists of a shared ingress/egress easement and includes an association with CC&R's to maintain common elements and uniformity throughout the campus.
• The building exterior design requires existing defined design elements elements as seen in the current buildings within the park; however, the Buyer can build-to-suit its own specific interior requirements.

NOTES

•  Current floor plans have the first floor at approximately 10,238 gross square feet and the second floor at approximately 7,775 gross square feet.

• Building is elevator served and currently is comprised of six suites.

• Originally constructed in 1981 and has experienced good tenancy throughout the years with both public and private sector tenants

• Centrally located, close to downtown and the Marion St. bridge to West Salem

• Good on-site parking with a ratio of 4 : 1,000 SF

• The Lighthouse, an attractive medical/professional office building visible along Liberty St. SE with Miller St. SE bordering the north.
• The office building is ADA accessible and is approximately 8,960 gross SF with 7,950 RSF. The building consists of two levels with the main level designed
  and improved for medical use, approximately 3,878 SF plus a garage/storage area of 530 SF.
• The second level office space is elevator served consisting of numerous private offices, large conference room, break area, storage capacity and restrooms.
• The first floor is currently leased by Liberty Spine and Pain Clinic, who occupies 4,408 SF. Call listing office for income and expense information.
• The nicely appointed second level is 3,542 RSF and is available for lease or suitable for an owner/user.
  
  

FEATURES
• New retail development located along Commercial Street SE in highly desirable, high-growth South Salem trade area.

• End-cap with drive thru will be considered for qualified tenants. 

• Owners will consider a build-to-suit or ground lease for a single-use tenant such as a bank or quick serve restaurant concept.

• Project will enjoy excellent exposure and signage to busy Commercial St. SE

• High-growth retail trade corridor includes: WalMart, Safeway, Carl’s Jr. Applebee’s, Taco Bell, Burger King, McDonald’s, Columbia Bank, Oregon Community Credit Union and many others.

FEATURES

• Originally built in 1971, the building is undergoing major renovations which include: new roof, siding, HVAC, exterior/interior lighting, exterior/interior paint, carpet, landscape upgrades, fenced parking, ceiling tiles and camera surveillance system.
• The facility is ADA accessible and the second floor is elevator served.
• Located at the north gateway to Salem with convenient access to I-5 only half mile away.

Originally built in 1971, the building has recently undergone major renovations which includes new: roof; siding; HVAC, Exterior/interior lighting; exterior/interior paint; carpet; fenced parking; ceiling tiles; camera surveillance system.

• ADA accessible
• Second floor is elevator served
• Approximately 68 total parking spaces, 46 uncovered parking spaces and 22 covered parking at the north end of the building
• Great I-5 access within one half mile
• Listing broker is part of ownership

PROPERTY DESCRIPTION
Multiple improved office/mixed use buildings currently utilized as a men’s shelter operated and owned by Union Gospel Mission. The building(s) square footage area is approximately 30,986 SF of improvements on 1.10 acres (on 4 tax lots).

Adjacent properties also available for sale.

Sale Price - All 4 Buildings - $3,900,000

.49 Acres on two tax lots consisting of Commercial General zoned ground with an existing 1,118 SF building currently being used for a service station including gas sales and automotive repair

Excellent visibility on prime corner in Dallas, OR adjacent to Safeway and Walmart.  High traffic count intersection.

SIZE
Professional Dental/Medical Office Approx. 4,976 SF on 0.35 acre (15,246 SF)

FEATURES
• Professional building currently includes a large reception/waiting area, 11 treatment rooms, 4-6 private offices, ADA restrooms and lab areas. The clinic is nicely designed and is well maintained.
• Lighted pole sign fronting Silverton Road goes with the property.
• On-site parking for both clients and employees and additional parking may be obtained across the alley for a fee.

FEATURES
• Home to office conversion located in Croisan Creek Park on River Road South.
• Building has one private office, 2 large open work spaces, full kitchen with appliances, 2 restrooms (1 is
ADA), large walk-in supplies closet and two separate exposed loft storage areas, one accessible by stairs
and the other by drop down ladder.
• 12 on-site parking spaces, two of which are ADA.