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861 Liberty (-871) NE

Salem, OR 97303
  • $1,250,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 786281
UPDATED: 70 min ago
$1,250,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,297
    SQFT
  • $199
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing information © 2021 Willamette Valley Multiple Listing Service
Listing provided courtesy of Gall Real Estate Services Llc

Description

Multi building assemblage conveniently located just North of downtown. Two office buildings plus a rental house with on-site parking. Beautiful wood flooring and accents, interiors have superbly updated. City has proposed a Zone change to allow a wider variety of uses in this area, additionally, the property is located in the Downtown Opportunity Zone. Currently the South building and home are leased, call Listing Broker for complete information.

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© 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kish Realty Group | Keller Williams Mid-Willamette. Data last updated: 2021-12-08T14:08:55.593.
www.kishrealtygroup.com/homes/123482863
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861 Liberty (-871) NE Salem, OR 97303

  • Price: $1,250,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 70 min ago
  • MLS #: 786281
0
Beds
0
Baths
0
½ Baths
0.38
Acres
6,297
SQFT
$199
$/SQFT
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
Multi building assemblage conveniently located just North of downtown. Two office buildings plus a rental house with on-site parking. Beautiful wood flooring and accents, interiors have superbly updated. City has proposed a Zone change to allow a wider variety of uses in this area, additionally, the property is located in the Downtown Opportunity Zone. Currently the South building and home are leased, call Listing Broker for complete information.
Exterior Features

Access Paved Approx Lot Dimensions Irreg. Building1 Info 3056 Sf Office Building Building2 Info 2.446 Sf Office Building Building3 Info 775 Sf Residential Rental Fenced Partial Frontage Feet 110 Outbuildings Other (Refer To Remarks) Parking Spaces 19 Railroad No Siding Wood Signage Yes Trailer Parking No View Territorial

Property Features

Adjusted Gross Income 98633 Cap Rate 6.2 Commercial Type Office Confidentiality Agreement Required No Cross Street Broadway Exclusions Tenants Personal Property Expenses Actual Or Projected Projected Gross Sched Income 103824 High Speed Comm Access Present Insurance 1606 Maintenance 4932 Mgmt Acct 4932 Net Income 77016 New Construction No Owner Managed Yes Owner Occupied No Parking Ratio Per1000 SF 3 Possession Coe Property Taxes 10147 Property Use Type Any Use-All The Following Seller To Do1031 Yes Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 10147 Tax Years '21-'22 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 21617 Vacancy Credit Loss 5191 Water CityConnected

© 2021 Willamette Valley Multiple Listing Service. All rights reserved.


© 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kish Realty Group | Keller Williams Mid-Willamette. Data last updated: 2021-12-08T14:08:55.593.
 
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Kish Realty Group | Keller Williams Mid-Willamette
2125 SW Pacific Blvd.
Albany OR, 97321
Listing information © 2021 Willamette Valley Multiple Listing Service
Listing provided courtesy of Gall Real Estate Services Llc