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Building with Excess Land
2 Properties Offered at $1,425,000 in Salem, OR
Executive Summary
This single-story building features a 1,120 SF retail showroom with excellent exposure to 13th Street with high traffic counts. In addition, there is a 6,048SF warehouse, which offers three 13’ roll up doors, an overhead crane, mezzanine storage, small office space, three-phase, 240v power, upgraded lighting and a new roof on the warehouse in 2024. The building is easily accessible from 13th Street, Lewis Street, alleyway on the south side and is conveniently located to downtown and I-5. There are three additional unimproved tax lots totaling .34 acres on the west side of the building.
Property Facts
| Price | $1,425,000 | Number of Properties | 2 |
| Price / SF | $198.80 / SF | Individually For Sale | 1 |
| Sale Type | Investment or Owner User | Total Building Size | 7,168 SF |
| Status | Active | Total Land Area | 0.51 AC |
| Price | $1,425,000 |
| Price / SF | $198.80 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 7,168 SF |
| Total Land Area | 0.51 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1515 13th St SE, Salem, OR 97302 | Flex | 7,168 SF | 1953 | $1,225,000 |
| 1260 Lewis St SE, Salem, OR 97302 | Land | 0.28 AC | - | - |
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Jennifer Martin -
Tanner Morgan -
First Commercial Real Estate
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Building with Excess Land
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