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Listing provided courtesy of Gall Real Estate Services Llc: 503-363-6051.

861 Liberty (-871) NE

Salem, OR 97303
  • $1,250,000
  • STATUS: Active
  • ON SITE: 381 Days
  • MLS #: 786281
UPDATED: 45 min ago
$1,250,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,297
    SQFT
  • $199
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Gall Real Estate Services Llc: 503-363-6051. Listing information © 2022 Willamette Valley Multiple Listing Service



Description

Fully leased, multi building assemblage conveniently located just North of downtown. Two office buildings plus a rental house with on-site parking. Beautiful wood flooring and accents, interiors have superbly updated. City has proposed a Zone change to allow a wider variety of uses in this area, additionally, the property is located in the Downtown Opportunity Zone.

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© 2022 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: 2022-12-09T21:09:03.527.
www.willamettevalleyhouses.com/homes/123482863
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861 Liberty (-871) NE Salem, OR 97303

  • Price: $1,250,000
  • Status: Active
  • On Site: 381 Days
  • Updated: 45 min ago
  • MLS #: 786281
0
Beds
0
Baths
0
½ Baths
0.38
Acres
6,297
SQFT
$199
$/SQFT
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
Fully leased, multi building assemblage conveniently located just North of downtown. Two office buildings plus a rental house with on-site parking. Beautiful wood flooring and accents, interiors have superbly updated. City has proposed a Zone change to allow a wider variety of uses in this area, additionally, the property is located in the Downtown Opportunity Zone.
Exterior Features

Access Paved Approx Lot Dimensions Irreg. Building1 Info 3056 Sf Office Building Building2 Info 2.446 Sf Office Building Building3 Info 775 Sf Residential Rental Fenced Partial Frontage Feet 110 Outbuildings Other (Refer To Remarks) Parking Spaces 19 Railroad No Siding Wood Signage Yes Trailer Parking No View Territorial

Property Features

Adjusted Gross Income 98633 Cap Rate 6.2 Commercial Type Office Confidentiality Agreement Required No Cross Street Broadway Exclusions Tenants Personal Property Expenses Actual Or Projected Actual Gross Sched Income 103824 High Speed Comm Access Present Insurance 1606 Maintenance 4932 Mgmt Acct 4932 Net Income 77016 New Construction No Owner Managed Yes Owner Occupied No Parking Ratio Per1000 SF 3 Possession Coe Property Taxes 10147 Property Use Type Any Use-All The Following Seller To Do1031 Yes Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 10147 Tax Years '21-'22 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 21617 Vacancy Credit Loss 5191 Water CityConnected

© 2022 Willamette Valley Multiple Listing Service. All rights reserved.


© 2022 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: 2022-12-09T21:09:03.527.
 
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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 © 2022 Willamette Valley Multiple Listing Service