12th St Retail Investment Opportunity
$2,500,000
1220 12th Street Southeast, Salem, OR 97302
22,708 sqft
Building Size
1.54 acres
Lot Area
Details:
Highlights:
- Within Opportunity Zone (See Link)
- Current lease runs through April 30,2030 with (2) 5 year options
- Lease is NNN structure
- Contact Brokers for annual rent information
Description:
Introducing an exceptional opportunity for Retail / Street Retail investors in Salem, Oregon. This prime property features a 22,292 SF building, with a rich history dating back to 1948 as the former Coke bottling facility. Zoned IC, offering versatile possibilities for retail ventures. Currently enjoying 100% occupancy, this investment promises immediate returns and ongoing potential in the thriving Salem area. With a strategic location and solid tenant base, this property presents a secure and lucrative investment opportunity for retail-focused investors looking to make their mark in Salem's bustling commercial landscape.
Discover the vibrant potential of Salem's 12th Street Southeast location. Situated in a bustling commercial district, the area offers a prime investment opportunity for Retail / Street Retail investors. Surrounding the property, prospective investors will find popular destinations such as Bush's Pasture Park, Riverfront Park, and the historic Willamette University. With a charming mix of local shops, eateries, and entertainment options, the neighborhood attracts a diverse range of visitors, ensuring a steady flow of foot traffic for retail businesses. This dynamic area invites investors to become part of a thriving commercial landscape in the heart of Salem.
Documents:
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| CBC_-_Brochure__P_.pdf |
Location
Gallery
