Property Listing No Longer Available for Sale

1435 12th Street, Salem, OR

Retail for Sale - $385,000 - 3,551 Sq. Ft. on 27442 acres

Property Info

  1435 12th Street
  Salem OR 97302
UpdatedMay 1st, 2012
Building3,551 Sq. Ft.
Land27442 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)


>> 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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