1015 25th St SE
Salem, OR 97301
Stand Alone Medical Building · Office Property For Sale

NEW LISTING - medical or dental use.In a market with a vacancy factor of less than 4%, this stand alone newer medical building, with covered first floor parking, is a rarity in today's market. The improved space is on the second floor and service by a main floor elevator. Parking is covered on the first floor. High end fit and fixtures throughout including carpet, cabinetry, even brass stair railings.The layout includes reception and waiting area, quality business office, five exam rooms, one procedure room, employee break area and three private offices. Could easily be converted to dental use. Nine (9) covered parking spaces are on the first floor.Multiple sale comps from $230 to $260/SF in the market after acquisition and remodel make this purchase price of $229/SF an outstanding opportunity based on the quality of this building. Very close to new condition throughout.Write offers subject to partitioning. One mile from the hospital and one mile from Interstate 5. Vacant former auto dealership directly to the east is scheduled for retail redevelopment in 2016 adding significant value to this asset.