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29855119
29855126

140 Front Street, Salem, OR 97301

AN
OR OR 201208908
Tradition Real Estate Partners
RK
OR OR 201222799, WA 140777
Tradition Real Estate Partners
PM
OR OR 201233012
Tradition Real Estate Partners
Listed by Tradition Real Estate Partners
$895,000
101 days on market
Updated 89 days ago
Opportunity zone

140 Front Street

Details
Property Type Retail
Sub Type Commercial
Square Footage 14,574
Price per SqFt $61
Year Built 1900
Stories 3
Acreage 0.150
Zoning CB

Retail | 14,574 SqFt

Marketing description

The Historic Old Grain Building is Now Available for Sale or a Joint Venture. An exciting downtown Salem location perfectly positioned behind the Furlong building on the signaled intersection of a CB - Central Business District zoned area of high visibility and high traffic counts. Directly overlooking the 26 acre Riverfront Park, the Salem Carousel and the new amphitheater, presenting a unique opportunity to tap into a thriving commercial hub, capturing exposure to local families and events at the park. This location comes with 14,574 SF split over three levels with 2,978 SF on the first floor, 5,792 SF on the second floor and 5,804 SF on the third floor. Don't miss the chance to establish yourself in this historic downtown location.

Step into the heart of Salem's bustling downtown with the opportunity to purchase or embark on a joint venture at the Historic Old Grain Building. Nestled behind the Furlong Building on a signaled intersection of the Central Business District, this property boasts prime visibility and a high traffic locale. With a unique three level building, positioned directly across from the scenic 26-acre Riverfront Park, seize the chance to establish your presence in this vibrant retail area.

140 Front Street. Directly across from the Riverfront park on the corner of State and Front Street in Salem. One block west of Commercial.

Investment highlights

  • 14,574 SF with 3 Levels
  • CB Zoned Property
  • Up to $699,000 in Urban Renewal Grant Funds
  • 20% Historic Tax Credit
  • Qualified Opportunity Zone (QOZ)
  • Across from Riverfront Park
  • 2,978 - First Floor
  • 5,792 - Second Floor
  • 5,804 - Third Floor

Listing Contacts

AN
OR OR 201208908
Tradition Real Estate Partners
RK
OR OR 201222799, WA 140777
Tradition Real Estate Partners
PM
OR OR 201233012
Tradition Real Estate Partners
Listed by Tradition Real Estate Partners

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Additional Information

Name
AJ Nash
License
OR 201208908
Brokerage Phone
503-559-9279
Brokerage Address
4880 Turner Road Southeast
Name
Rich Karlson
License
OR 201222799
Brokerage
Tradition Real Estate Partners
Brokerage Phone
503-804-4653
Title
Partner/Owner/Advisor
Name
Paula Moseley
License
OR 201233012
Brokerage
Tradition Real Estate Partners
Brokerage Phone
5039103055
Title
Commercial Real Estate Broker
Brokerage Address
4880 Turner Road Southeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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