401 Center St NE | Salem, OR 97301
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
401 Center St NE
Salem, OR 97301
Salem Center North · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Holds a unique location in downtown Salem and is located within an Opportunity Zone.
- Within walking distance of Oregon’s State Capital, multiple museums, the Wallace Sports Complex, and outdoor attractions
- Two vacant anchor boxes sold with plans underway to redevelop into 162 units of multifamily (former Nordstrom) and a mixed-use commercial project
- Shadow anchored by Salem’s two remaining department stores (Macy’s and Kohl’s).
- Population growth of 11.1% within a 10-mile radius of Salem Center between the years of 2010 and 2020, compared to the national average of 7.4%
- 10-year tax exemption for additional housing units provided by the Urban Renewal District.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
211,278 SF
Building Class
B
Year Built/Renovated
1988/2013
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
1.23
Lot Size
3.94 AC
Zoning
CB
Parking
5,200 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Food Court
- Pylon Sign
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
- Car Charging Station
PROPERTY TAXES
| Parcel Number | 589165 | Improvements Assessment | $0 |
| Land Assessment | $568,530 | Total Assessment | $568,530 |
PROPERTY TAXES
Parcel Number
589165
Land Assessment
$568,530
Improvements Assessment
$0
Total Assessment
$568,530
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
