Pringle Park Plaza
$6,500,000
300-390 Liberty St SE, 410 & 420 Mill St SE, & 305-395 High St SE, Salem, OR 97301
61,521 sqft
Building Size
2.62 acres
Lot Area
Details:
Highlights:
- 61,521 Total Building SF
- Building A 16,908 SF
- Building B 19,699 SF
- Building C 20,178 SF
- Building D 4,736
- 22 units
- Zoned CBD - Central Business District
- Located in the heart of downtown Salem
Description:
This downtown Salem property presents a compelling investment opportunity with a total building area of 61,521 SF (52,845 SF NRA) across 22 units in 4 buildings. The fact that it's zoned Central Business District in the heart of Salem and is sitting at full occupancy, puts the property in a position as a highly desirable asset for retail and/or office investors. The property is at 99% occupancy with substantial upside in rents, making this an investment with tremendous upside potential.
Situated in the heart of downtown Salem, the Pringle Park Plaza property offers a strategic location surrounded by a diverse mix of dining, retail, office, and entertainment options. Its close proximity to popular attractions, including the Oregon State Capitol, Willamette University, Bush Park, and Pringle Park, enhances its appeal for potential retail and office investors. With convenient access to major transportation routes, this asset continues to present an attractive proposition for property owners seeking a well-positioned investment in Salem's bustling market.
Public utilities, including water, sanitary sewer, storm sewer
and electricity are available to the subject property
Location
Gallery
