Turn-Key Facility for Office Professionals, Non-Profits, Government Entities or Owner Users

Investment Overview

Located in the heart of Salem, OR, this property offers a rare opportunity to own or lease a secure, well-configured office facility ideally suited for nonprofits, government agencies, community service providers, and professional office users. Featuring 12 private offices, conference rooms, ADA restrooms, secured parking (23 spaces), full perimeter fencing, and flexible workspace areas, the property offers immediate functionality at a price below replacement cost. Neighboring tenants include Salem Police Department, Day Heating, Union Gospel Mission, and Bridgeway Community Services. Buyer to verify square footage, county assessed square footage is 6,597SF. The building’s layout is well-suited for owner-users or tenants seeking a functional office environment with the ability to accommodate multiple users or departments.

Investment Highlights

• Sales Price: $1,770,150.00
• Lease Price Range: $1.25-1.50/SF/MO NNN (NNN estimated at $.75/SF/MO)
• Flexible Office Building Fully Fenced
• 23 Parking Spaces
• Turn-Key Administrative Office Facility
• Buyer to cooperate with 1031 Exchange