2903 Center St NE
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 569097 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $54,810 |
PROPERTY TAXES
Parcel Number
569097
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,810
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2903 Center St NE
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