Investment Overview
The “Icehouse” building just north of downtown Salem is being offered for sale, perfect for a church, meeting/entertainment venue, or it could be redeveloped for community retail or multi-family. Built in 1929, the ± 15,180 SF structure sits on ± 0.88 Ac zoned CB (Central Business). The structure can hold a lot of weight, and a potential site plan shows more than 70 parking spaces.
Investment Highlights
- 15,180 SF industrial/manufacturing building
- Single-unit configuration for streamlined operations
- Well-suited for owner-user or investor acquisition
- Functional footprint for manufacturing, production, or storage
- Adaptable industrial space for a range of business uses
- Built in 1929 with distinctive character
- One-story layout supporting efficient circulation
- CBD - Central Business District zoning
- Flexible zoning for varied business applications
- Established industrial asset with long-term usability
- Compelling opportunity for adaptive industrial use
- Industrial/Manufacturing property with established presence