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2586 12th Pl SE
Salem, OR 97302
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Three buildings on 0.41 acre lot
- Well suited for professional, medical, or service-oriented user
- Off-street parking
- Potential for Owner User w/income or live-work
- Located in a mixed commercial and residential area of South Salem
EXECUTIVE SUMMARY
This owner-user opportunity consists of three separate buildings, offering the ability to occupy one or more buildings while generating rental income from the others and/or creating a live-work arrangement. The property is well suited for professional, medical, or service-oriented users seeking flexibility and long-term upside.
Building 1 and Building 2 are each approximately 1,100 SF and were most recently used as a counseling office, featuring functional layouts with a reception area and multiple private offices that allow for immediate owner-user occupancy or lease-up.
Building 3 is approximately 775 SF and offers additional value-add potential. While in need of some TLC, this building presents an opportunity for conversion to a live-work space, supplemental office, or rental unit, subject to buyer verification and approvals.
Surrounded by a mix of commercial and residential uses, the property provides a flexible configuration for an owner user seeking both operational space and income potential in Southeast Salem.
Building 1 and Building 2 are each approximately 1,100 SF and were most recently used as a counseling office, featuring functional layouts with a reception area and multiple private offices that allow for immediate owner-user occupancy or lease-up.
Building 3 is approximately 775 SF and offers additional value-add potential. While in need of some TLC, this building presents an opportunity for conversion to a live-work space, supplemental office, or rental unit, subject to buyer verification and approvals.
Surrounded by a mix of commercial and residential uses, the property provides a flexible configuration for an owner user seeking both operational space and income potential in Southeast Salem.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
2,975 SF
Building Class
C
Year Built
1946
Price
$611,100 CAD
Price Per SF
$205.41 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,975 SF
Building FAR
0.17
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
CO - Commercial Office (CO), Opportunity Zone
Parking
6 Spaces (2.02 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Fiber Optic Internet
PROPERTY TAXES
| Parcel Number | 527963 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $395,968 CAD |
PROPERTY TAXES
Parcel Number
527963
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$395,968 CAD
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