217 State St, Salem, OR 97301

Investment Overview

The Historic Furlong Building is Now Available sale or a joint venture. An exciting downtown Salem location perfectly positioned on the signaled intersection of a CB - Central Business District zoned area of high visibility and high traffic counts. Directly overlooking the 26 acre Riverfront Park, the Salem Carousel and the new amphitheater, presenting a unique opportunity to tap into a thriving commercial hub, capturing exposure to local families and events at the park. This location comes with 13,270 SF with a parking garage on the second floor. Don't miss the chance to establish yourself in this sought-after retail center.

Investment Highlights

• 217 State Street
• 13,270 SF
• High Visibility Location
• Signaled Intersection
• CB Zoned Property
• Up to $699,000 in Urban Renewal Grant Funds
• 20% Historic Tax Credit
• Qualified Opportunity Zone (QOZ)
• Across from Riverfront Park
• Private Upper Level Parking Garage