For Sale
$2,299,327

1555 20Th St Salem, OR 97302

Mixed-use investment opportunity in Salem, OR

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity encompasses a diverse portfolio of seven buildings situated on a 1.842-acre lot in Salem, Oregon's Marion County, specifically zoned I-G. The portfolio includes a 3,110 sq ft office building featuring a reception area, ADA ramp, central air, four offices, a conference room, and storage rooms; a 3,900 sq ft warehouse with a 700 sq ft loft, generator, tankless water heater, exhaust fan, and bathroom; a 1,800 sq ft cement shop equipped with two 15-foot roll-up doors, an office, 220 power, and an Empire sandblaster; a 720 sq ft shop with a 20-foot slider door; a 700 sq ft storage shop with a roll-away door; and two residential units, one measuring 999 sq ft with two bedrooms and one bath, and another at 768 sq ft with two bedrooms and one bath. Additionally, the property includes six vacant lots zoned I-G/CMSC, representing prime industrial land. The asking price for this unique portfolio is $2,299,327. The property features two dock-high doors and is a Class B building with two stories. This portfolio presents a compelling owner-user opportunity with significant potential. The seller is open to owner financing with favorable terms.

Highlights

  • $2,299,327 asking price for a mixed-use portfolio in Salem, Oregon.
  • Seven buildings totaling approximately 12,000 square feet on 1.84 acres.
  • Property includes a 3,110 sq ft office building, a 3,900 sq ft warehouse with loft, a 1,800 sq ft cement shop, a 720 sq ft shop, a 700 sq ft storage shop, and two residential units (999 sq ft and 768 sq ft).
  • Six vacant lots zoned I-G/CMSC, ideal for industrial development.
  • Includes two dock-high doors and is located in an Opportunity Zone.

Property Details for 1555 20Th St

Property type
Warehouses, Office properties
Class
B
Buildings
7
Stories
2
Lot Size (sq. ft)
80,238 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9221578
Longitude
-123.020301

FAQs

What type of property is this?
Warehouse - Mixed-use investment opportunity in Salem, OR
Where is the warehouse located?
The property is located at 1555 20Th St Salem, OR.
What is the asking price?
The asking price for this property is $2,299,327.
What are key features of this property?
This property features: $2,299,327 asking price for a mixed-use portfolio in Salem, Oregon.; Seven buildings totaling approximately 12,000 square feet on 1.84 acres.; Property includes a 3,110 sq ft office building, a 3,900 sq ft warehouse with loft, a 1,800 sq ft cement shop, a 720 sq ft shop, a 700 sq ft storage shop, and two residential units (999 sq ft and 768 sq ft).
How can I contact the broker?
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1555 20Th St
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