2561 Pringle RdSalem, OR 97302

For Lease
$6.60/SF/YR View listing
  • Manufacturing properties
  • 42,144 SF

Property Details for 2561 Pringle Rd

Year built
1990
Lot size
1.80 AC
Property size (Sq ft)
42,144 SF
Zone code
IC
Property type
Manufacturing properties
APN
073W35CC01200
APU
073W35CC01200

Description

This 14,702 square foot industrial property, formerly a 7-Up bottling plant, presents a unique opportunity for various businesses. Located at 2561 Pringle Road SE, this single-story, Class C building sits on 1.8 acres and offers a versatile layout ideal for light manufacturing, wholesaling, or distribution. The space includes a spacious warehouse with an 18-foot clear height, a 16' x 16' roll-up door for easy truck access, and a sloping floor with drains. A significant feature is the approximately 2,000 square feet of remaining mezzanine storage. The building also boasts approximately 3,300 square feet of office space, recently updated with new carpeting, laminate flooring, paint, and remodeled restrooms. This area includes a showroom, four private offices, a break room, storage/file rooms, and potential for a bullpen. The property benefits from 3-phase 600-amp power, fiber/internet lines, and a gas line. Six dedicated parking spaces are available (including one ADA-compliant space), supplemented by shared access to 22 additional spaces. The zoning is IC. Built in 1975, the building features two sealed-off slide fire doors and 18 skylights (six covered). The owner is open to modifications, such as leveling the warehouse floor and adding a loading dock, to accommodate a long-term tenant. Subleasing options for the office space or separate leasing of the office and warehouse are also possible. The cross street is SE McGilchrist St.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,862,058
    Hospitality
    $8,117,598
    Educational
    $6,753,746
    Medical
    $6,986,018
    Retail
    $10,505,827
2561 Pringle Rd, Salem, Oregon

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9155
Longitude
-123.028
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
$24,066
-
-
$1,226,170
-
$246,990
$3,441,510
$3,688,500

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