For Sale
$1,900,000

State StSalem, OR 97301

High-end retail space, excellent investment.

Overview

Added:
Feb 3
Days on market:
63
This exceptional 5,880 square foot retail property presents a remarkable owner-user or investment opportunity in Salem, Oregon. Strategically located adjacent to a major shopping mall, Willamette University, and Salem Health, this property benefits from high foot traffic and strong visibility. The building underwent extensive upgrades and renovations in 2022-2023, resulting in a significant enhancement of its functionality and appeal. Key improvements include the installation of a high-end, commercial-grade kitchen, perfectly suited for a variety of food-related businesses. Additionally, a beautifully finished event and dining space has been created, offering versatile options for use. The property sits on a sizable 1.56-acre lot, providing ample space for parking, outdoor seating, or potential expansion. Given its prime location, recent renovations, and versatile layout, this property represents a rare opportunity for businesses seeking a high-profile location or investors looking for a strong return. The asking price is $1,900,000. This is an exceptional opportunity to acquire a turn-key retail space in a thriving Oregon community. Contact us today to schedule a showing.

Property Details for State St

Property type
Retail properties
Square Feet
5,880 SF
Lot Size (sq. ft)
67,954 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.94073
Longitude
-123.0418
State St, Salem, Oregon

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State St
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