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For Sale

12th St Retail Investment Opportunity

1220 12th Street Southeast,
Salem, OR 97302
Represented by
Mountain West Real Estate

Asset Snapshot

Full Service
Retail Subtype
1948
Year Built
1
Floor Count
1.54 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Introducing an exceptional opportunity for Retail / Street Retail investors in Salem, Oregon. This prime property features a 22,292 SF building, with a rich history dating back to 1948 as the former Coke bottling facility. Zoned IC, offering versatile possibilities for retail ventures. Currently enjoying 100% occupancy, this investment promises immediate returns and ongoing potential in the thriving Salem area. With a strategic location and solid tenant base, this property presents a secure and lucrative investment opportunity for retail-focused investors looking to make their mark in Salem's bustling commercial landscape.


Investment Highlights

  • Within Opportunity Zone (See Link)
  • Current lease runs through April 30,2030 with (2) 5 year options
  • Lease is NNN structure
  • Contact Brokers for annual rent information

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$2,500,000
Asking Price

Investment Sales Broker

Alex Rhoten
Mountain West Real Estate