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

CIMLS#433483
Location
  1435 12th Street
  Salem OR 97302
UpdatedMay 1st, 2012
TypeRetail
Price$385,000
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)

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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