Listed by CENTURY 21 North Homes Realty Redmond
$8,825,000
198 Commercial St, Salem, OR, 97301
Details
Property Type Office
Square Footage 41,472
Year Built 1956
Acreage 19883.000
Office | 41,472 SqFt
Marketing description
Presenting one of Salem's most iconic, beautifully renovated office buildings, ideally positioned in the heart of Salem within the Central Core Business District on one of the highest-trafficked corners in the city. The building features 100% occupancy, Attractive 8% CAP Rate and over $2 million in recent renovations, blending historic character with modern upgrades. Anchored by A+ long term State of Oregon tenants, this is a rare opportunity to acquire a stable landmark asset in a prime Salem location!
Listing Contacts
Listed by CENTURY 21 North Homes Realty Redmond
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Zoning
CB CommercialCore CommercialCentral Business District
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