1220 12th St SE
$2,500,000
1220 12th St SE, Salem, OR 97302
22,708 sqft
Building Size
1.54 acres
Lot Area
Details:
Highlights:
- Max Contiguous Area: 22708.0
- Min Divisible Area: 22708.0
- Lot Size: 1-2 Acres
- Age: Over 50 Years Old
- Sewer: City
- Water: City Water
Description:
Current lease runs through April 30,2030 with (2) 5 year options
Lease is NNN structure
Contact Brokers for annual rent information
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.
Listing ID: c3892f64-47fa-431c-98ba-c7dffa7b2fc5
Location
Gallery