State StSalem, OR 97301
- Other retail properties
- 5,880 SF
Property Details for State St
- Lot size
- 1.56 AC
- Property size (Sq ft)
- 5,880 SF
- Property type
- Other retail properties
- Property subtype
- Retail properties
Description
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.
Location Insight
- City
- Salem
- County
- Marion
- State
- Oregon
- Latitude
- 44.9407
- Longitude
- -123.042
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].