3912 Commercial St SE, Salem OR 97302 (Off Market)

For Sale, USD 725,000


3912 Commercial St SE, Salem OR 97302,

Property Type : Commercial

Property Style : N/A

Build Size : 582 ft² / 54 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Do Not Disturb Tenant, Customers, or Employees. Appointment Required for All Viewings. Offered for the first time in 34 years, this 0.59 acre two parcel package presents a rare opportunity with existing rental income and future development potential. The property includes approximately 0.45 acres zoned Mixed Use III and approximately 0.15 acres zoned Residential Single Family. The existing tenant occupies the front portion of one parcel and has expressed interest in remaining. The rear portion of that parcel remains undeveloped, while the adjacent parcel includes a single family home. With approximately 70 feet of frontage on Commercial Street and an additional 65 feet of frontage on Oakhill Avenue, the property offers excellent visibility and access. Located among a strong mix of established local and national businesses including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III zoning allows for a variety of permitted uses including multifamily apartments, short term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, governmental services, and other similar uses. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential.
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3912 Commercial St SE, Salem OR 97302, United States,Oregon,Salem is a 582ft² Salem luxury Commercial listed for sale USD 725,000. This high end Salem Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Salem or search for luxury properties for sale in Salem.