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241 E State St 8,000 SF 100% Leased Retail Building Salem, OH 44460 $325,791 CAD ($40.72 CAD/SF)
Investment Highlights
- Multi-tenant investment property
- Fully leased
- Residential units over retail storefronts
- Great visibility
Executive Summary
Former Salem Trading Post - located in downtown Salem
Investment Property with many possibilities!
Full basement + 3 stories above ground
Front parking + public parking across the street
First Floor: Leased retail space
Second Floor: 2 rented apartment units
Third Floor: Rented studio apartment
Investment Property with many possibilities!
Full basement + 3 stories above ground
Front parking + public parking across the street
First Floor: Leased retail space
Second Floor: 2 rented apartment units
Third Floor: Rented studio apartment
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
1930
Price
$325,791 CAD
Price Per SF
$40.72 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.62
Lot Size
0.07 AC
Zoning
Commercial
Frontage
29’ on State St
Amenities
- 24 Hour Access
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5103950000 | Improvements Assessment | $7,894 CAD |
| Land Assessment | $10,422 CAD | Total Assessment | $18,316 CAD |
Property Taxes
Parcel Number
5103950000
Land Assessment
$10,422 CAD
Improvements Assessment
$7,894 CAD
Total Assessment
$18,316 CAD
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241 E State St
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