Listed by Mosar Commercial Properties
$2,900,000
388 Commercial St NE
Details
Property Type Retail, Office
Sub Type Medical Office, Storefront
Square Footage 13,448
Tenancy Single
Price per SqFt $216
Acreage 0.320
Zoning CB
Investment Type Owner/User
Retail | 13,448 SqFt
Marketing description
Located at the corner of Commercial Street and Center Street in Downtown Salem. Located in one of Salem's busiest corridors with exceptional traffic exposure. Close proximity to Dollar Tree, Salem Center Mall, and State Capital.
Investment highlights
- Prime Salem commercial opportunity in a thriving downtown setting
- 13,448 SF, with 6,515 SF currently owner-occupied
- Owner to lease back for a 5-year term post closing, guaranteeing consistent income
- Ideal for an owner-occupant utilizing an SBA loan
- NEW ROOF in 2014
- NEW HVAC Units in 2020 & 2022
Listing Contacts
Listed by Mosar Commercial Properties
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