2451-2473 Trade St SE

Salem, OR 97301

• 1031 Exchange Property
• Multifamily for Sale
• $2,326,433 CAD
• 4,452 SF

Salem Multifamily for Sale - Marion County

PRICE REDUCED. SELLER SAYS BRING ALL OFFERS. Perfect property for 1031 Exchange. Fully renovated in 2022. New roofs, windows, siding, electrical, plumbing, appliances, disposals, water heaters, counter tops and flooring. Duplex plus 9 cottages. Onsite parking and laundry. Central location. Cottages provide tenants with independent living opportunity. Fully occupied. Be sure to capture 100% Bonus Depreciation.

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-10-31

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1348 12th St

Salem, OR 97302

• 1031 Exchange Property
• Multifamily for Sale
• $2,379,804 CAD
• 5,528 SF

• Kitchen

Salem Multifamily for Sale - Marion County

This 10-unit complex was completely renovated in 2017. 100% occupied & attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032. Two minutes from Willamette University and just five minutes from Salem Center Mall and Salem's vibrant down-town district. Property Renovations include: • New 30-year roof & new gutters installed • All new double pane energy efficient windows & blinds installed • All new siding installed • All new insulation, drywall and paint • All new energy efficient appliances installed • All new efficiency faucets and toilets installed • All new fixtures installed • All new doors & locks installed • All new cabinetry & counter tops installed • All new vinyl and carpet flooring installed • All new tubs and bathroom sinks installed • All new plumbing installed • All new electrical installed • Property is located in an Opportunity Zone • Community courtyard & open space • 10 onsite parking spaces and street side parking • Coin operated laundry facilities

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-25

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PetSmart - 2925 Lancaster Dr NE

Salem, OR 97305

• 1031 Exchange Property
• Retail for Sale
• $7,166,782 CAD
• 25,021 SF

Salem Retail for Sale - Marion County

BREAKING NEWS: MAJOR PRICE REDUCTION OF $743,000. SELLER HAS AUTHORIZED A 6% CAP PRICE OF $5,237,000 with the NOI @ $314,222/YEAR. PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. They operate more than 1,650 stores across the United States, Canada and Puerto Rico. They have a revenues of approximately $10 Billion in 2024 and Forbes ranked PetSmart as the 53rd largest private company in the United States. PetSmart has two (2) additional five year option periods after June 30, 2030 in their current NNN Lease. The current Lease expires on June 30, 2030. To date, PetSmart has operated in excess of 23 years at this location.

Contact:

Ruggles Commercial Realty

Property Subtype:

Freestanding

Date on Market:

2024-01-29

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Salem Columbus Club - 725 Shipping St NE

Salem, OR 97301

• 1031 Exchange Property
• Specialty for Sale
• $1,217,956 CAD
• 10,560 SF

Salem Specialty for Sale - Marion County

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. 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.

Contact:

Kithkin Real Estate

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-02-24

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