For Sale
$2,200,000

1105-1115 374 Owens StSalem, OR 97302

Prime Salem location, 9,915 SF, ample parking.

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional Salem, Oregon medical office complex presents a unique investment opportunity for owner-users or investors. The property comprises two buildings totaling 9,915 square feet situated on a generous 36,590 square foot lot in Marion County, zip code 97302. The buildings boast mid-century architectural details, including multiple atriums, and offer ample parking with 57 spaces (a ratio of 6.17 per 1,000 square feet). Three suites are currently built out for medical use, with two occupied by existing tenants who are interested in lease-back options. One suite, measuring 1,606 square feet, is currently vacant. A basement provides additional storage space. The asking price for this property is $2,200,000. This property is ideally suited for both medical professionals seeking to establish or expand their practice and investors looking for a stable, income-generating asset in a desirable location. The existing tenants' desire to remain adds immediate value and potential for long-term lease income.

Highlights

  • $2,200,000 asking price.
  • 9,915 square foot office building on a 36,590 square foot lot.
  • Located at 1105-1115 Liberty St SE & 374 Owens St SE, Salem, OR 97302.
  • Medical office and commercial space; suitable for owner-users or investors.
  • Ample parking (57 spaces).

Property Details for 1105-1115 374 Owens St

Property type
Office properties, Medical offices
Square Feet
9,915 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9297485
Longitude
-123.042789
1105-1115 374 Owens St, Salem, Oregon

FAQs

What type of property is this?
Office property - Prime Salem location, 9,915 SF, ample parking.
Where is the office property located?
The property is located at 1105-1115 374 Owens St Salem, OR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: $2,200,000 asking price.; 9,915 square foot office building on a 36,590 square foot lot.; Located at 1105-1115 Liberty St SE & 374 Owens St SE, Salem, OR 97302.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1105-1115 374 Owens St
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