2100 Lancaster Dr, Salem, OR 97305
Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. AGENT: 503-566-5706
- $1,200,000
- 7,440
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 842862
- Subtype
- Commercial Sale
- Year Built
- 1975
- Living Area
- 7,440
- Lot Size
- 27,878
- Acres
- 64
- MLS Area Major
- 30 Suburban E Salem/North
Property Description
Introducing an exceptional investment opportunity in Salem, Oregon. This 7,440 SF building, comprised of 9 units and zoned MU-III, promises a stable in-place income and significant value-add potential. With 100% occupancy, this property offers built-in NOI growth and boasts recent capital improvements. Rents are currently positioned below market rates, presenting a compelling opportunity for immediate upside. Strategically positioned along a high-traffic corridor, this flexible MU-III property is primed for continued success. Don't miss the chance to acquire a property with strong income stability and promising growth prospects.
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Additional Information
- Taxes
- $15,872
- Heating
- Electric
- Roof
- Composition
- View
- Territorial
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