2903 CENTER ST Salem, OR $ 450,000
2903 CENTER ST
$ 450,000
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2903 CENTER ST

Salem, OR, 97301
$ 450,000
Baths0.0 Sq 720

Monthly Estimate*

$ 2,991

2903 CENTER ST, Salem, OR 97301 - Image 1
2903 CENTER ST, Salem, OR 97301 - Image 2
2903 CENTER ST, Salem, OR 97301 - Image 3
2903 CENTER ST, Salem, OR 97301 - Image 4
2903 CENTER ST, Salem, OR 97301 - Image 5
2903 CENTER ST, Salem, OR 97301 - Image 6
Studio

Commercial Property for sale in Salem, OR

for $450,000. This 720 square foot building was built in 1947 on a lot size of 0.18.

Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across fromthe State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer due diligence.

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Commercial Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,075

Style

Commercial

Lot Size

0.18

Year Built

1947

Town/City

Salem

County/Region

Marion

MLS | Web ID

24297338

Features
General
Sewer PublicSewer
Heating Other
Zoning RM2
Year Built 1947
Sale Includes Building Land
Stories 1
Property SubType Commercial
Tax Year 2023
Current Use Automotive
Gross Income 0
County Marion
Operating Expense 0
Property Type CommercialSale
Status Active
Directions Corner of Center St & Park Ave NE
City Salem
MLS Area _174
Lot Size Square Feet 7840.0
Street Name CENTER
Listing Terms Cash Conventional
Tax Annual Amount 1075.73
Property Condition Approximately
Days on Market 16
Standard Status Active
Legal Description CENTER STREET ADD SALEM FR LOT 12 BLK 2
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Exterior
Water Source PublicWater
Number of Buildings 1
Building Area Total 720.0
Lot Size Acres 0.18
Road Surface Type Paved
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Interior
Street Suffix ST
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Internal Only
Street Number 1 2903
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

jordan@smire.com

Email

Affordability Calculator

$3,080
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$90
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$450,000 Listed Price

Map


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2903 CENTER ST, Salem, OR, 97301 is a Commercial Property for sale at $450,000 with 720 sqft and a lot size of 0.18. 2903 CENTER ST is a studio with 0.0 baths and was built in 1947. The property's zip code is 97301 which is in Salem, OR