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Listing provided courtesy of GALL REAL ESTATE SERVICES LLC: 503-363-6051.

2166 Wayside NE

Salem, OR 97301
  • $650,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 825892
UPDATED: 178 min ago
$650,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,750
    SQFT
  • $173
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1977
County:

School Ratings & Info

Listing provided courtesy of GALL REAL ESTATE SERVICES LLC: 503-363-6051. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

Attention investors, Seller prefers an LSC! Stand-alone warehouse with office, showroom, paint booth, grade and dock high doors, plus a fenced yard that is currently rented for $750 on a month-to-month term. Clear span building enabling owner specific renovations, if needed. Pro-forma is based on a $1.04/SF/NNN lease rate. On-site parking.

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Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-03-28T00:09:35.45.
www.willamettevalleyhouses.com/homes/160868059
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2166 Wayside NE Salem, OR 97301

  • Price: $650,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 178 min ago
  • MLS #: 825892
0
Beds
0
Baths
0
½ Baths
0.22
Acres
3,750
SQFT
$173
$/SQFT
1977
Built
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
Attention investors, Seller prefers an LSC! Stand-alone warehouse with office, showroom, paint booth, grade and dock high doors, plus a fenced yard that is currently rented for $750 on a month-to-month term. Clear span building enabling owner specific renovations, if needed. Pro-forma is based on a $1.04/SF/NNN lease rate. On-site parking.
Exterior Features

Access Paved Approx Lot Dimensions 128X75 Fenced Partial Foundation Slab Frontage Feet 128 Railroad No Roof Metal or Aluminum Siding Aluminum Trailer Parking Yes

Interior Features

Heating Forced AirGas

Property Features

Adjusted Gross Income 45315 Assessments Or Liens No Cap Rate 6.6 Commercial Type Industrial Confidentiality Agreement Required No Cross Street Portland Rd. Expenses Actual Or Projected Projected Flood Plain No Gross Sched Income 47700 High Speed Comm Access Available Inclusions Permitted Paint Booth Insurance 1939 Net Income 42670 New Construction No Owner Managed Yes Owner Occupied No Possession COE Property Name Cascade Sgns Property Taxes 3473 Property Use Type Any Use-All the Following Seller To Do1031 Yes Sewer City Source Of Square Feet County Suitable For Industrial Flex SpaceManufacturingOffice ShowroomResearch & DevelopmentWarehouse Suitable For Office Office-R&DOffice-Warehouse Tax Amount 3473 Tax Years '24-'25 Tenancy Single Terms Seller Will Consider CashLand Sales Contract Total Expenses 2645 Vacancy Credit Loss 2385 Water CityConnected Zoning IC

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-03-28T00:09:35.45.
 
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Young Property Group | Keller Williams Realty Mid Willamette
2125 Pacific Blvd SW
Albany OR, 97322
Listing provided courtesy of GALL REAL ESTATE SERVICES LLC: 503-363-6051. Listing information © 2025 Willamette Valley Multiple Listing Service