305 - 321 Court Street NE
$2,800,000
305 - 321 Court Street NE, Salem, OR 97301
17,625 sqft
Building Size
0.14 acres
Lot Area
Details:
Highlights:
- 17,625 SF
- 98% leased
- Zoned CB
- Sale price: $2,800,000
Description:
Prominent 17,625 SF two-story office building situated on 0.14 acre in the heart of downtown Salem. The property is 98% leased, offering strong occupancy and stable income, with the restaurant tenant committed to executing a new five year lease upon Closing. Offered at appraised value, the acquisition provides investors an opportunity to acquire a well-occupied downtown asset at a market-supported price.
Located in the heart of downtown Salem, this property offers a highly walkable location just minutes from the Oregon State Capitol and surrounding State government offices. The property provides convenient access to major transportation routes, including Highway 22 and Interstate 5, connecting Salem to the broader Mid-Willamette Valley and Portland metro area. Its central location places tenants within easy reach of restaurants, retail, professional services, and government amenities.
2 Spaces Available
Suite 203B Unknown Sub Type
Suite 211 Unknown Sub Type
Documents:
| Title | ||
|---|---|---|
| Lease Brochure | ||
| Sale_Brochure.pdf |
Location
Gallery