1435 12th Street, Salem, OR
Retail for Sale - $385,000 - 3,551 Sq. Ft. on 27442 acres


Property Info
CIMLS# | 433483 |
Location 1435 12th Street Salem OR 97302 | |
Updated | May 1st, 2012 |
Type | Retail |
Price | $385,000 |
Building | 3,551 Sq. Ft. |
Land | 27442 acres |
Property Description
Property would be an excellent candidate for redevelopment. Paved and well-lighted, currently accommodating an auto sales business, with auto repair and detail in the two shop buildings. Creek runs underneath property, providing amenity to the site. Ideal for medically-related redevelopment due to close proximity to hospital. Also well-suited to continue in its current use, auto sales, which is viable at the asking price of $385,000 ($14 per SF for land only) Current financing may be able to assume.
Location Description:
Highly-traveled 12th Street, a main North/South commuter route. Area features mixed retail, office, medical and dental. Several new medical/dental redevelopments in the immediate area. Near Salem Hospital, with easy access from I-5 via Mission St (Hwy 22)
Highlights:
>> Redeveloping area with professional office users
>> Continued use viable at price of $385,000
>> Current financing may be able to be assumed
>> Price reflects $14 psf for land only
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