3,572 Sq Ft. Aircraft hangar built in 1991 with two bi-fold doors located at front and back for easy access both doors have an opening height of about 15 feet. Great location at Salem Airport with paved access to runways. Sale subject to land lease with the City of Salem. Buyer to do own due diligence.
Investment Opportunity! Recently renovated building with vaulted ceilings and anopen concept. Currently leased to a marijuana retailer through August 31, 2031 with one (1) Five (5) year option remaining. Lease is NNN, Landlord is currently grossing $50,676 in annual rent. Conveniently situated just a short distance from Interstate 5, the property offers easy access to regional transportation routes, facilitating seamless connectivity forcommuters and visitors. Additionally, the property is only a few minutes away fromdowntown Salem, ensuring proximity to the city's bustling commercial and cultural hub.
Prime 12-Unit Redevelopment Opportunity in the Heart of SalemUnlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salem's growing demand for urban housing, this concept maximizes the lot's efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights:- Density & Scale: Optimized site layout for a 12-unit multi-family build.- Strategic Location: Blocks away from local transit, shopping, and major employment hubs.- Infrastructure Ready: Existing utility access simplifies the initial phases of site prep.Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce.Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Building is currently leased on a month-to-month basis.Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.
LOVELY HOME-TO-OFFICE CONVERSION, 7 CAR PARKING LOT, 1/2 ACRE SPRAWLING LOT! Convenient S Salem location between Pringle/12th. Perfect for a variety of small businesses. First flr featuring entry reception, kitchen, conference rm, private & flex space. Second flr private office & open flex space. Partial finished basement w/ office space & separate entry, storage & mechanical room. ADA entry, attached 1 car garage. Remodel in 2001, well cared for & maintained. New HVAC+A/C. Zoned CO. Possible 200k 6% carry
Level 1 and 2 environmental studies have been performed, with no results requiring any further level 3 action. Test results are available up on request to prospective investors providing confidence this property is ready for future development and easily tailored to their needs. It's convenient central location is mid way between Portland and Eugene off the MLK parkway, one of the few major arteries linking Interstate 5 and the Oregon coast. Refer to #807787 This highly visible side street site not only makes for safe truck access to major thru fares quick and easy, but parallels a railroad spur line to a switch yard offering expanded transportation options. One of the most attractive highlights this property boasts is it's acre's clear level ground with mix of both heavily packed gravel and asphalt pavement. This accommodates either heavy truck traffic or storage, or a sound base for further development. This vast space can be used to fill the local needs of semi truck, RV and boat, or individual storage unit needs. The existing structures can benefit either and or industrial or leased shop space, in conjunction with countless uses of it's open space. Adjacent to one of the paved portions of the property, a truck washing station provides an environmentally friendly oil and water separator. This level concrete station also provides a partitioned off center island once used for above ground fueling needs. The main shop provides a secure tool room, office space, and separate bathrooms. It's direct view from the main entrance makes it ideal for either retail repair or truck maintenance, and is currently equipped with an automotive lift. It's access to 3 phase power accommodates both heavy industrial needs or a prime location for a fabrication shop. The main office is separated by a brick court yard matching it's front entrance and parking area. The rear structure offers offers a high ceiling allow both truck and equipment access. Originally set up as two separate shops the main shop is equipped with a bathroom, office space, and upstairs storage and separate room. The secondary shop has been divided into a third shop space. An adjacent older mobile home has been used used as parts storage and fits the need perfectly. It should be noted all buildings are in usable shape, but should be considered in variable states of disrepair. Overall this property offers an excellent financial opportunity due to its strategic location, co
Courtesy: Real Broker
855-450-0442
Commercial IG-zoned property w/multiple income streams: industrial building, detached office & several residential units(duplex & house)Industrial space features forced-air heat, 3-phase power & air piping. Separate ffice includes mini-split & bath. Fully fenced w/rolling gate. Adjacent .21-acre paved lot w/transfer loading dock. Investor or owner-user opportunity. Seller may carry contract. Lease potential. Seller is also willing to sell adjacent parcel w/similar shop, office & home on .33acre-ask agent.
Commercial IG-zoned property w/multiple income streams: industrial building, detached office & several residential units(duplex & house)Industrial space features forced-air heat, 3-phase power & air piping. Separate ffice includes mini-split & bath. Fully fenced w/rolling gate. Adjacent .21-acre paved lot w/transfer loading dock. Investor or owner-user opportunity. Seller may carry contract. Lease potential. Seller is also willing to sell adjacent parcel w/similar shop, office & home on .33acre-ask agent.
Salem is located in Oregon. Salem, Oregon has a population of 174,193. Salem is more family-centric than the surrounding county with 31.31% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Salem, Oregon is $62,185. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Salem is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.
