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1705 Commercial St SE

2,707 SF Office Building Salem, OR 97302 £640,417 (£237/SF)

Investment Highlights

  • High Traffic Visibility
  • Separate Studio Apartment
  • New Parking Lot - 7 spaces
  • Recent Improvements
  • ADA Compliant

Executive Summary

Prime South Salem Location at the corner of Commercial & Washington: 2-story home-to-office conversion with studio basement apartment with private access. Updates include interior/exterior paint, landscaping, flooring, lighting, plumbing, & electrical. New 7-space parking lot with ADA entrance. The main level features a reception area, conference rm, new ADA restroom & potential for additional offices/workstations. The 2nd level boasts 3 more offices, restroom & ample storage space. Perfect for owner-user or multi-users while also offering a residential rental to help offset costs.
Building Square Footage:
Basement/Apartment - 963 SF
First Floor - 1103 SF
Second Floor - 688 SF
Please use OREF forms.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,707 SF
Building Class
C
Year Built/Renovated
1923/2020
Price
£640,417
Price Per SF
£237
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,103 SF
Slab to Slab
10 ft
Building FAR
0.37
Lot Size
0.17 AC
Zoning
CO - Land is zoned Commercial Office, MU-II.
Parking
7 Spaces (2.59 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Wheelchair Accessible
  • Kitchen
  • Basement
  • Central Heating
  • High Ceilings
  • Wooden Floors
  • Air Conditioning
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31451033

  • Date on Market: 08/04/2024

  • Last Updated:

  • Address: 1705 Commercial St SE, Salem, OR 97302

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