408 Lancaster Dr NE 408-412 Lancaster Dr NE

408 Lancaster Dr NE 408-412 Lancaster Dr NE, Salem, OR

$1,825,000

Price

6.74%

Cap Rate

8,120 sqft

Building Size

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Overview
Cap Rate
6.74%
Building Size
8,120 sqft
Lot Area
0.81 acres
Year Built
1976
Zoning
CO
MlsNumber
802235
Parking Spots
45
Year Last Renovated
2022
Parking Ratio
6
Description

Investor/User office complex for sale. Currently buildings are fully leased, however suite 408, which is a dental building will be vacant as of May 1, 2023. This complex would be a great location for a medical or dental buyer to use as their own clinic while having income from the other two buildings. Suite 410 and 412 have recently been remodeled and include updated interiors, new roof and HVAC. Call for more information.

Highlights
  • Annual Tax: $ 9794.0
  • Age: 41-50 Years Old
  • Lot Size: 1/2 - 1 Acre
  • Sewer: City
  • Water: City Water
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Listing ID: d1df79f3-3801-4eca-b7b8-d4ae0a8b1ede
Location
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