1635-1645 12th St SE
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1635-1645 12th St SE
1,751 SF Retail Building Salem, OR 97302 $475,000 ($271/SF)
Investment Highlights
- Built in 1960, renovated in 2022
- Ideal for a variety of retail ventures
- Turnkey opportunity for retail investors
Executive Summary
PRICE REDUCTION - Capture the potential of this impressive 1,751 SF Retail Commercial property in Salem, OR. Renovated in 2022, this prime and modernized space ideal for retail investors seeking a turnkey opportunity. Boasting a prime location in the heart of Salem, this property is perfectly positioned for maximum visibility and customer flow. With a proven track record of performance and strategic CR zoning, the possibilities are endless. Don't miss this chance to secure a solid investment.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,934
|
$1.68
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,934
|
$1.68
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $2,934 |
| Annual Per SF | $1.68 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,934 |
| Annual Per SF | $1.68 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,751 SF
Building Class
C
Year Built/Renovated
1960/2022
Price
$475,000
Price Per SF
$271
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.15 AC
Zoning
CR - Commercial Retail
Parking
5 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
76 FT on 12th St
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (89)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 596900 | Total Assessment | $149,500 |
| Land Assessment | $0 | Annual Taxes | $2,934 ($1.68/SF) |
| Improvements Assessment | $0 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
596900
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$149,500
Annual Taxes
$2,934 ($1.68/SF)
Tax Year
2023
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1635-1645 12th St SE
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