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2903 Center St NE

720 SF Retail Building Salem, OR 97301 $430,000 ($597/SF)

Executive Summary

Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across from the State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer to complete all due diligence.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
720 SF
Building Class
C
Year Built
1947
Price
$430,000
Price Per SF
$597
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.17 AC
Zoning
RM2
Parking
3 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
44 FT on Center St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Dutch Bros
El Rinconsito
Bank of America
MOD Pizza
U.S. Bank
Applebee's
KeyBank
Red Robin
TacoTime
Baja Fresh

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
569097
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,810
  • Listing ID: 31798222

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 2903 Center St NE, Salem, OR 97301

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