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725 Shipping St NE - Salem Columbus Club 10,560 SF Specialty Building Offered at $890,000 in Salem, OR 97301
EXECUTIVE SUMMARY
Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction.
Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.
Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.
PROPERTY FACTS
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 584674 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $514,830 |
PROPERTY TAXES
Parcel Number
584674
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$514,830
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725 Shipping St NE - Salem Columbus Club
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