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Investment Highlights

  • Two grade-level loading docks (10' and 14' doors) + mobile dock ramp included.
  • Cooling temp to a low of approximately 25 degrees
  • 10 ceiling-mounted evaporators that were replaced in 2020
  • 3-phase power / 240V, 400 AMPS

Executive Summary

Prime industrial opportunity at 1400 Salem Industrial Drive. This well-
maintained property offers versatile amenities, including two grade-
level loading docks, a covered storage/loading area, a small office
space, and heavy power. Site features additional land that could be
graded for yard storage or parking, Buyer to complete Due Diligence on
feasibility. Positioned in the thriving Salem Industrial area, this property
presents an exceptional opportunity for an Owner-User.
Industrial General zoning allows for a variety of uses beyond cold
storage and warehouse including; health club/gym, trade schools,
wholesale and manufacturing.
Approximately 12,500 SF of refrigerated warehouse
Approximately 3,240 SF of covered storage/loading area
Approximately 625 SF of office space, bathrooms, and a compressor room

Property Facts

Price $2,864,904 CAD
Price Per SF $218.28 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Refrigeration ColdStorage
Building Class C
Lot Size 1.21 AC
Rentable Building Area 13,125 SF
No. Stories 1
Year Built 1979
Tenancy Single
Clear Ceiling Height 21’5”
No. Drive In / Grade-Level Doors 2
Cross Streets Kanz court northeast
Zoning IG - https://library.municode.com/or/salem/codes/code_of_ordinances?nodeId=TITXUNDECO_UDC_CH554ENIN_S554.005US#:~:text=The%20purpose%20of%20the%20General,t

Amenities

  • Signage
  • Breakroom
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
589794
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,452,299 CAD
  • Listing ID: 37054108

  • Date on Market: 2025-07-31

  • Last Updated:

  • Address: 1400 Salem Industrial Dr NE, Salem, OR 97301

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