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1295 NE Johnson St 125,240 SF Industrial Building Salem, OR 97301 $8,500,000 ($67.87/SF)
Investment Highlights
- Add Value Opportunity with low market rents that could be increased, and are on short term leases.
- Onsite scale and fuel station
- Owner-user office and warehouse space available
- Two railrooad spurs
- Clear Heights Ranging 13 Ft to 21 Ft
- Buildings have been well maintained - list of capital expenses available.
Executive Summary
Two-part portfolio sale; Site one in this industrial portfolio features approximately
125,240 SF of warehouse and office space. Buildings 1,2 and 3 are
leased by a national lumber transloading company, Savage.
Building 2 is leased for the assembly of off roading vehicles,
Power Sports. Building 4 is a cross-dock currently leased by
Haul of Fame. Building 5 and the office space in Building 1
are currently used by the Landlord/Seller and could be
available for an owner user or additional income.
125,240 SF of warehouse and office space. Buildings 1,2 and 3 are
leased by a national lumber transloading company, Savage.
Building 2 is leased for the assembly of off roading vehicles,
Power Sports. Building 4 is a cross-dock currently leased by
Haul of Fame. Building 5 and the office space in Building 1
are currently used by the Landlord/Seller and could be
available for an owner user or additional income.
Property Facts
| Price | $8,500,000 | Lot Size | 4.30 AC |
| Price Per SF | $67.87 | Rentable Building Area | 125,240 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Bulk/Portfolio Sale | Year Built | 1956 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.16/1,000 SF |
| Building Class | B | ||
| Zoning | IG | ||
| Price | $8,500,000 |
| Price Per SF | $67.87 |
| Sale Type | Investment or Owner User |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 4.30 AC |
| Rentable Building Area | 125,240 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Tenancy | Single |
| Parking Ratio | 0.16/1,000 SF |
| Zoning | IG |
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 526400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,079,360 |
Property Taxes
Parcel Number
526400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,079,360
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1295 NE Johnson St
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