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This Industrial Property is no longer advertised on LoopNet.com.

1215 Wilbur St SE
Salem, OR 97302
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • $1,000,000+ Tenant Invested Improvements
  • $116,000 Year 1 NOI
  • Heavy Power
  • $200,000+ Tenant Invested Improvements being added 2025
  • Contract Value of $1,339,093
  • Long term tenant with dual guarantors

PROPERTY FACTS

Property Type Industrial
Property Subtype
Service
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.28 AC
Rentable Building Area 8,280 SF
No. Stories 1
Year Built 1959
Tenancy Single
Parking Ratio 1.31/1,000 SF
Zoning IC - The IC zone generally allows a wide variety of retail, office, heavy commercial, light manufacturing, and warehousing activities.

AMENITIES

  • Floor Drains
  • Security System

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
596806
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$357,690
  • Listing ID: 35280462

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 1215 Wilbur St SE, Salem, OR 97302

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