560 21St StSalem, OR 97301

  • Warehouses
  • 2,886 SF
For Sale
$7,300,000 View listing

Property Details for 560 21St St

Year built
1956
Lot size
0.44 AC
Property size (Sq ft)
2,886 SF
Zone code
IG
Property type
Warehouses
APN
073W26DC05900
APU
073W26DC05900

Description

This exceptional industrial property, located at 560 21st St SE in Salem, Oregon, presents a unique investment opportunity. The property boasts a total of 65,597 square feet of building space, encompassing a single suite currently configured for manufacturing, warehouse, and distribution uses. A significant portion of the building, totaling 3,250 square feet, is currently vacant and immediately available for lease. The property sits on a generous 3.1-acre lot, providing ample space for operations and potential expansion. Built in 1955, the structure is zoned IG, reflecting its suitability for industrial applications. The property's location in Marion County, Oregon, offers convenient access to major transportation routes, enhancing its logistical advantages. The presence of a fenced storage yard adds further value, providing secure outdoor storage capabilities. This versatile property is ideal for businesses seeking a well-established industrial space with significant expansion potential in a thriving Oregon market. The property's size and zoning make it suitable for a variety of industrial uses, offering flexibility for potential tenants. The available vacant space presents an immediate opportunity for businesses to establish or expand their operations within a well-maintained industrial building. The property's location in Salem, Oregon, offers access to a skilled workforce and a robust local economy. The 97301 zip code provides easy access to major transportation arteries, facilitating efficient logistics and distribution.

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9291
Longitude
-123.018
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,080
-
-
$160,810
-
$57,360
$103,450
$160,810

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