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INVESTMENT HIGHLIGHTS
- Former Bank with drive-thru
- By Salem Hospital
- Easily converted to office / retail
EXECUTIVE SUMMARY
Redevelopment site! Ideal for fast food, car wash, retail, medical, office, etc.
Approximately 1 acre with 201’ frontage
4,861 SF building + adjacent vacant lot
Located just west of Salem Hospital, next to Taco Bell & McDonalds
Approximately 1 acre with 201’ frontage
4,861 SF building + adjacent vacant lot
Located just west of Salem Hospital, next to Taco Bell & McDonalds
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,861 SF
Building Class
C
Year Built
1991
Price
$725,000
Price Per SF
$149.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
Commercial
Parking
20 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
201’ on State St
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5104770000 | Improvements Assessment | $229,110 (2024) |
| Land Assessment | $61,500 (2024) | Total Assessment | $290,610 (2024) |
PROPERTY TAXES
Parcel Number
5104770000
Land Assessment
$61,500 (2024)
Improvements Assessment
$229,110 (2024)
Total Assessment
$290,610 (2024)
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1838 E State St
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