1890 State St

$400,000

1890 State St Salem, OR 97301

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About this listing

Introducing an investment opportunity in the heart of Salem, Oregon. This 2,512 SF building, constructed in 1924, presents an exceptional prospect for Retail/Street Retail investors. Zoned MU-II, this property offers versatile usage options. Its historic charm and prominent location make it an attractive choice for businesses seeking high visibility. With a blend of classic architecture and modern potential, this property embodies the ideal combination of character and opportunity. Don't miss the chance to acquire a piece of Salem's bustling retail landscape with this distinguished property. Entry door is located on 19th St and opens up to lobby/reception area with two restrooms and a large open space that was previously used as a karate and dance studio (approx. 1500sf.) There are also two small rooms that can be used as private offices.

  • Lot Area

    2,614 sqft

  • Year Built

    1924

  • Zoning

    MU-II

  • MLS ID

    820646

  • Floors

    1

DESCRIPTION

  • • Lot Dimension: 59x42
  • • Tax Roll Number: 568523
  • • Annual Tax: $ 1945.0
  • • Max Contiguous Area: 2512.0
  • • Age: Over 50 Years Old
  • • Lot Size: Under 1/2 Acre
  • • Sewer: City
  • • Water: City Water

Map

SPACES

1890

SQFT: 2,512

Lease Type:

Sublease: No

Lease Rate:$1/sqft/mo

Available: Immediately




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