Lease, Sale, Joint Venture
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Lease, Sale, Joint Venture
2 Properties Offered at $3,536,588 CAD in Salem, OR
Investment Highlights
- 217 State & 140 Front - $2,495,000 • Two Buildings with 25,126 SF
- Street Parking • Private Upper Level Parking Garage
- Qualified Opportunity Zone (QOZ)
- CB Zoned - Central Business District
- High Visibility Location • Signaled Intersection
- Up to $699,000 in Urban Renewal Grant Funds • 20% Historic Tax Credit
Executive Summary
Step into the heart of Salem's bustling downtown with the opportunity to purchase, or embark on a joint venture at the Historic Furlong Building. Nestled at the signaled intersection of the Central Business District, this property boasts prime visibility and a high-traffic locale. With two distinct buildings totaling 25,126 SF, including a unique upper-level parking garage, and positioned directly across from the scenic 26 acre Riverfront Park, seize the chance to establish your presence in this vibrant retail center.
Property Facts
| Price | $3,536,588 CAD | Number of Properties | 2 |
| Price / SF | $140.75 CAD / SF | Individually For Sale | 0 |
| Sale Type | Owner User | Total Building Size | 25,126 SF |
| Status | Active | Total Land Area | 0.31 AC |
| Price | $3,536,588 CAD |
| Price / SF | $140.75 CAD / SF |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 25,126 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 217 State St, Salem, OR 97301 | Retail | 13,270 SF | 1900 | - |
|
White Seed Building
140 Front St NE, Salem, OR 97301 |
Industrial | 11,856 SF | 1900 | - |
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