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North Neighborhood Resource Center 945 Columbia St NE 7,362 SF 100% Leased Office Building Salem, OR 97301 $836,156 CAD ($113.58 CAD/SF)
EXECUTIVE SUMMARY
Presenting a former convent converted to a 7,362 SF (Per Marion County Records) office building in Salem, Oregon. The Property is not elevator served however, it offers two (2) floors of usable office space with three (3) ADA restrooms, shared kitchen and conference room on the first floor and four (4) ADA restrooms and a conference room on the second floor. The Property offers compelling value for owner/users or an investors by restructuring the current shorter term leases upon renewal.
-Price Reduction - Motivated Seller
-Compelling value for owner/user or investor
-Strong rent upside potential for an investor by restructuring the current shorter term leases up renewal
-Central location in Salem, Oregon
-100% occupancy for immediate income
-Zoned RA (Residential Agricultural) with an underlying RS (Single Family Residential) comp plan zoning
-Price Reduction - Motivated Seller
-Compelling value for owner/user or investor
-Strong rent upside potential for an investor by restructuring the current shorter term leases up renewal
-Central location in Salem, Oregon
-100% occupancy for immediate income
-Zoned RA (Residential Agricultural) with an underlying RS (Single Family Residential) comp plan zoning
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,362 SF
Building Class
C
Year Built
1954
Price
$836,156 CAD
Price Per SF
$113.58 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,681 SF
Building FAR
0.46
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
RA
Parking
13 Spaces (1.77 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Kitchen
- Basement
- Central Heating
- Air Conditioning
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Walk Score®
Very Walkable (76)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 596384 | Improvements Assessment | $151,353 CAD |
| Land Assessment | $14,234 CAD | Total Assessment | $165,588 CAD |
PROPERTY TAXES
Parcel Number
596384
Land Assessment
$14,234 CAD
Improvements Assessment
$151,353 CAD
Total Assessment
$165,588 CAD
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North Neighborhood Resource Center | 945 Columbia St NE
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