MAJOR PRICE REDUCTION. THIS PROPERTY IS OWNED BY A LOCAL FOUNDATION THAT PROVIDES NUMEROUS GIFTS TO LOCAL NON-PROFITS AND THEIR GIFTING IS SEVERELY CURTAILED WHILE THIS SITS UNSOLD. LET'S GET CREATIVE AND GET THIS SOLD!

A rare large tract within the city set for rezoning/development or continued manufacturing use. The long-time home of Salem Equipment, 5 buildings remain on site with extremely heavy power and multiple bridge (3 & 10 ton) and jib (1/2 ton). cranes in two of the buildings. Located 1/3 mile to the I-5/Market Street interchange. Property recently went through a comprehensive plan amendment and zone change to IC in 2012 allowing for a wide variety of uses.

Location Description:

The subject property is within 200' of Interstate 5 with the Market Street interchange 1/2 mile to the north. The property is within 750 feet of the Lancaster Mall, the area's largest regional retail mall, and directly across the street from a Kia auto dealership. The proximity to I-5 makes this site appealing for a number of potential uses.

Highlights:

>> Large Tract (7.89a)/5 Buildings/Power & Cranes

>> Industrial Commercial (IC)

>> $1,900,000 ($5.53/SF)

>> Creative Sellers.

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Sales Info:

>> Commision split: 2.5%