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1320 Chemeketa St NE 1320 Chemeketa St NE 3,281 SF Office Building Salem, OR 97301 $689,900 ($210.27/SF)
Investment Highlights
- Zoned RS with a conditional use approved for office/medical
- Stand-alone garage for storage
- First Floor - ?large reception/waiting area, kitchen, 1 private office, 2 large rooms that can be open work areas or made into smaller private offices
- On-site parking lot with 8 spaces and free 90-minute street parking
- Just right outside of Salem's Central Business District
- Second Floor - ?3 private offices, 1 open work area and restroom
Executive Summary
All the charm of a 1923 conversion to an office/medical building with the infrastructure of a newer building. Just 3 blocks to Willamette University and the Oregon State Capitol, this building was a thriving dental practice and could be used for either medical/dental or professional office The building has the plumbing and vacuum to be dental (building is former dental office), or would make an outstanding professional office (law office, accounting firm, a state association, etc).?
Located mere blocks from the Oregon State Capitol and the Capitol Mall, the subject property is on the eastern fringe of Salem's Central Business District. It is also very close to Willamette University and Salem Hospital.
Located mere blocks from the Oregon State Capitol and the Capitol Mall, the subject property is on the eastern fringe of Salem's Central Business District. It is also very close to Willamette University and Salem Hospital.
Property Facts
Sale Type
Investment
Property Type
Building Size
3,281 SF
Building Class
B
Year Built
1923
Price
$689,900
Price Per SF
$210.27
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,641 SF
Building FAR
0.36
Lot Size
0.21 AC
Zoning
RS - Single Family Residence with a conditional use approved for office/medical
Parking
8 Spaces (2.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 587803 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $439,070 |
Property Taxes
Parcel Number
587803
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$439,070
Contacts
-
Curt Arthur, SIOR -
Nick Williams, CCIM -
Toran Schmidgall -
Capacity Commercial Group LLC
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1320 Chemeketa St NE | 1320 Chemeketa St NE
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