Address
213 Madrona (-235) Av Salem, OR
Price
$ 1,550,000
Property Attributes
  • MLS#777442
  • TypeContingent
  • CountyMARION
  • CitySalem
  • Area50 SOUTH SALEM
  • NeighborhoodMadrona Office Plaza
  • Zip97302
  • StyleOffice
  • Taxes$ 21657
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11040
  • Lot Size0.94 Acres
Listing Provided Courtesy Of:
Data Source:
Property Description

Accepted Offer with Contingencies. 100% leased commercial/rental space. Tenant mix: bookkeeping, hair salons, massage therapist, counseling, advertising, physical therapy. Most are long term tenants. One 2190 SF space possibly available 12/01/2021 for owner occupancy. New $30K facia October 2021. Well maintained and professionally managed. Excellent investment property. Seller to do 1031 exchange. Seller is a licensed real estate broker in the state of Oregon.

Price History
5/12/2021 Listed $1,550,000

General Features

Access Paved
Assessments Or Liens No
Class Commercial
Electric 14008
Exclusions Tenant personal property
Heating Central AC, Forced Air, Heat Pump
Listing Area 50 SOUTH SALEM
Maintenance 6298
New Construction No
Owner Managed No
Owner Occupied No
Roof Built-Up
Sewer City
Status ACTIVE UNDER CONTRACT
Status Active
Status Detail 2
Subdivision OR
Terms Seller Willconsider Cash, Conventional
Total Expenses 64797
Type Office
Water City, Connected
Zoning CO

Interior Features

Approx Bldg. Sqft 11040
High Speed Comm Access Present

Exterior Features

Net Income 100776
Approx Lot Dimensions 302x144
Fenced Partial
Foundation Continuous
Garbage 1776
Janitor Lawn 4451
Lot Size Area 0.94
Number of Parking Spaces 47
Siding Wood
Siding Style Board & Batt, Lap
Water Sewer 3767

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 97302

Walkscore
AVG 43
76
Data Provided by Walkscore ® not using MLS data