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1895 12th St SE
Salem, OR 97302
Retail Property For Sale
Investment Highlights
- 6.0% Cap Rate
- New Roof (Replacement) Included in Purchase Price
- Two Parcel 0.28 Acre Corner Lot with a 2,640 SF Building
- New 10-Year NNN Lease in Place
- $15,000 Buyer Credit towards Additional Repair Work
Property Facts
Property Type
Retail
Property Subtype
Bar
Building Size
2,640 SF
Building Class
C
Year Built
1953
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.25 AC
Zoning
CR
Parking
15 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
117’ on 12th Pl
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 597016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $322,740 |
Property Taxes
Parcel Number
597016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$322,740
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