305 - 321 Court Street NE, Salem, OR for sale

Investment Overview

Prominent 17,625 SF two-story office building situated on 0.14 acre in the heart of downtown Salem. The property is 98% leased, offering strong occupancy and stable income, with the restaurant tenant committed to executing a new five year lease upon Closing. Offered at appraised value, the acquisition provides investors an opportunity to acquire a well-occupied downtown asset at a market-supported price.

Investment Highlights

• 17,625 SF
• 98% leased
• Zoned CB
• Sale price: $2,800,000