North Neighborhood Resource Center

Highlights:

• - Compelling value for owner/user or investor
• - Strong rent upside potential for an investor by restructuring the current shorter term leases up renewal
• - 7,362 SF (Per Marion County Records) office building with 6 tenants
• - Built in 1954 with a remodel in 2001-2002
• - Zoned RA (Residential Agricultural) with an underlying RS (Single Family Residential) comp plan zoning
• - Central location in Salem, Oregon
• - 100% occupancy for immediate income
• - Well-maintained and turnkey investment opportunity

Description:

Presenting a former convent converted to a 7,362 SF (Per Marion County Records) office building in Salem, Oregon, featuring 6 tenants and 100% occupancy. Built in 1954 with a remodel in 2001-2002. The Property is zoned RA (Residential Agricultural) with an underlying RS (Single Family Residential) comp plan zoning. The Property is not elevator served however, it offers two (2) floors of usable office space with three (3) ADA restrooms, shared kitchen and conference room on the first floor and four (4) ADA restrooms and a conference room on the second floor. The Property offers compelling value for owner/users or an investors by restructuring the current shorter term leases upon renewal.

- Nestled within a thriving residential area, the property offers access to a vibrant local scene.
- Convenient access to a vibrant local scene with nearby attractions such as Salem's Central Business District, the State Capitol Mall and the Oregon State Fairgrounds
- Ideal environment for tenants seeking a perfect balance of work and leisure

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