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960 Broadway NE

Salem, OR 97301
  • $1,800,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 790112
Price Reduced
UPDATED: 39 min ago
$1,800,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,938
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Kithkin Real Estate: 503-400-7730. Listing information © 2022 Willamette Valley Multiple Listing Service



Description

The Grier Building is a well maintained office in central Salem with 26 on-site parking stalls. 9,938 square foot building is 100% leased. Currently demised for 5 separate suites with multiple offices/conference rooms mixed throughout. Plumbing is available in each suite. Recent improvements include HVAC, signage, bath remodels (ADA), fixtures, lighting, steel security, coded access, trash enclosure, etc. Located within Opportunity Zone. May be eligible for Historic Tax Credits or Urban Renewal funds.

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© 2022 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 eXp Realty. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.Data last updated: 2022-05-27T08:08:47.253.
www.midvalleyhomesource.com/homes/126996420
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960 Broadway NE Salem, OR 97301

  • Price: $1,800,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 39 min ago
  • MLS #: 790112
0
Beds
0
Baths
0
½ Baths
0.49
Acres
9,938
SQFT
$181
$/SQFT
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
The Grier Building is a well maintained office in central Salem with 26 on-site parking stalls. 9,938 square foot building is 100% leased. Currently demised for 5 separate suites with multiple offices/conference rooms mixed throughout. Plumbing is available in each suite. Recent improvements include HVAC, signage, bath remodels (ADA), fixtures, lighting, steel security, coded access, trash enclosure, etc. Located within Opportunity Zone. May be eligible for Historic Tax Credits or Urban Renewal funds.
Exterior Features

Access Paved Approx Lot Dimensions 175X122.5 Fenced Partial Foundation ContinuousSlab Frontage Feet 175 Parking Spaces 26 Railroad No Roof Other (Refer To Remarks) Siding Brick Signage Yes Trailer Parking No

Interior Features

Basement FinishedPartial Heating ElectricZonalOther (Refer To Remarks)Ductless

Property Features

Adjusted Gross Income 165210 Assessments Or Liens No Cap Rate 6.57% Commercial Type Office Cross Street Liberty Electric 13200 Expenses Actual Or Projected Actual Garbage 965 Gross Sched Income 165210 High Speed Comm Access Present Insurance 2563 Janitor Lawn 2400 Maintenance 8100 Miscellaneous 3128 Net Income 118198 New Construction No Owner Managed Yes Owner Occupied No Parking Ratio Per1000 SF 2.6 Possession 1031 Property Name Grier Building Property Taxes 13356 Property Use Type InvestmentOwner-User Seller To Do1031 Yes Sewer City Source Of Square Feet County Suitable For Office Office Building Tax Amount 13356 Tax Years 21-22 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 47012 Water CityConnected Water Sewer 3300 Zoning Co

© 2022 Willamette Valley Multiple Listing Service. All rights reserved.


© 2022 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 eXp Realty. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.Data last updated: 2022-05-27T08:08:47.253.
 
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eXp Realty
375 Pacific Blvd SW, Suite C
Albany OR, 97321
Listing provided courtesy of Kithkin Real Estate: 503-400-7730. Listing information © 2022 Willamette Valley Multiple Listing Service