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2730 Cherry Ave NE 30,000 SF Industrial Building Salem, OR 97301 $6,500,000 ($216.67/SF)
Investment Highlights
- 2 buildings with possibility to further develop vacant land
- Building 6 recently had a full roofing recoat
- Both buildings are sprinkled
- Add Value Opportunity with low market rents that could be increased, and are on short term leases.
- Clear Heights ranging from 22 Ft to 27 Ft
- Well water + city water supports Building 6 food production (Morokot)
Executive Summary
Industrial portfolio sale; site two in this industrial portfolio features two metal-frame
warehouses. Building 6 is 40,000 SF and has about 25,000 SF
partially built-out for food-grade production and office,
currently leased to Morokot for Cherry production. There is
an additional 15,000 currently available. Building 7 is 30,000
SF is fully leased to Local Logistics, a trucking and shipping
company.
Tenants would like to stay but leases have
flexibility for terms and rates.
Site 1 details are available in the attached flyer or contact the Broker for details.
warehouses. Building 6 is 40,000 SF and has about 25,000 SF
partially built-out for food-grade production and office,
currently leased to Morokot for Cherry production. There is
an additional 15,000 currently available. Building 7 is 30,000
SF is fully leased to Local Logistics, a trucking and shipping
company.
Tenants would like to stay but leases have
flexibility for terms and rates.
Site 1 details are available in the attached flyer or contact the Broker for details.
Property Facts
Amenities
- Bus Line
1 1
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $217,650 | Total Assessment | $950,690 |
Property Taxes
Parcel Numbers
Land Assessment
$217,650
Improvements Assessment
$0
Total Assessment
$950,690
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2730 Cherry Ave NE
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