State StSalem, OR 97301

Property Details for State St

Lot size

0.06 AC

Property size (Sq ft)

2,512 SF

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional investment opportunity presents a 2,512 square foot retail building situated on a 0.06-acre lot in the heart of Salem, Oregon. Constructed in 1924, the property boasts a charming historic façade and benefits from a highly visible location, ideal for attracting customers. Currently zoned MU-II, this versatile space offers a multitude of potential uses. The interior layout includes a spacious front lobby area, a large open room (approximately 1500 square feet) suitable for a variety of uses such as dance studios, fitness centers, martial arts facilities, churches, or retail spaces. Two restrooms, two private offices, and a storage closet provide ample functional space. The building's classic architecture blends seamlessly with modern potential, making it an attractive option for businesses seeking a unique and well-located space. This property represents a rare chance to acquire a piece of Salem's history while capitalizing on its significant commercial potential. The asking price for this prime retail investment is $400,000. The property's size, location, and zoning make it a compelling investment prospect for discerning buyers. Don't miss this chance to own a piece of Salem's vibrant commercial landscape.

Location Insight

City

Salem

County

Marion

State

Oregon

Latitude

44.9407

Longitude

-123.042

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