Retail Investment Opportunity | 2425 25th St SE
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Retail Investment Opportunity 2425 25th St SE
15,000 SF 100% Leased Retail Building Salem, OR 97302 $3,300,000 ($220/SF)
Investment Highlights
- 15,000 SF Retail Flex
- Fully Occupied Investment Opportunity
- High Visibility & Traffic Counts
- Flexibility for Owner/User Restaurant
- Built in 1977, Renovated in 2020
- Located on Corner Signaled Intersection
Executive Summary
Introducing 2425-2475 25th St, an exceptional investment opportunity in SE Salem. This versatile 15,000 SF building, built in 1977 and thoughtfully renovated in 2020, is fully occupied and home to iWingz Corner, Ratchet Brewery and Tacos El Pelon Food Truck, with flexibility to accommodate an owner/user with full bar and commercial kitchen. Boasting an IC zoning designation, its strategic location on a signaled corner intersection in the Salem area boasting high traffic counts with easy access to I-5 and Downtown Salem, further enhancing its appeal. With recent updates and a focus on flexibility, an abundance of parking, this property caters to the discerning investor seeking a well-maintained and high-potential industrial/flex space in the vibrant Salem market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
B
Year Built
1977
Price
$3,300,000
Price Per SF
$220
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.31 AC
Opportunity Zone
Yes
Zoning
IC - Industrial Commercial
Parking
20 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
282 FT on Mcgilchrist St
Amenities
- Pylon Sign
- Signalized Intersection
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 582575 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,234,120 |
PROPERTY TAXES
Parcel Number
582575
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,234,120
1 of 38
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Retail Investment Opportunity | 2425 25th St SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.