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2405 Front St NE
Salem, OR 97301
River View Office Bldg · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Total Land Area: ± 174,254 SF (4.0003 Acres), Excess Land: 12,980 SF IC (Commercial) & 10,000 SF (RS) Residential
  • Current Vacancy of 3,875 SF (22%) available for a new Owner/User
  • Located 1 Block from Commercial Street NE (Hwy 99E) and numerous retail / commercial tenants
  • Building is currently 78% Leased to 7 tenants totaling 14,415 SF
  • Large surface parking lot provides 63 striped spaces - 3.4:1,000 SF ratio
  • Lush bucolic setting with direct views of the Willamette River

PROPERTY FACTS

Property Type
Office
Building Size
23,558 SF
Building Class
C
Year Built/Renovated
1978/1991
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,853 SF
Building FAR
0.14
Lot Size
4.00 AC
Zoning
IC & RS - IC: Commercial RS: Residential
Parking
63 Spaces (2.67 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
  • Waterfront
  • Central Heating
  • High Ceilings
  • Air Conditioning
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
587753
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,520
  • Listing ID: 29339216

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 2405 Front St NE, Salem, OR 97301

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