1220 12th St Se, Salem, OR 97302

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777

$2,500,000
22,708
SqFt

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Property Description

Introducing an exceptional opportunity for Retail / Street Retail investors in Salem,Oregon. This prime property features a 22,292 SF building, with a rich history dating back to 1948 as the former Coke bottling facility. Zoned IC, offering versatilepossibilities for retail ventures. Currently enjoying 100% occupancy, this investmentpromises immediate returns and ongoing potential in the thriving Salem area. Within Opportunity Zone (See Link)Current lease runs through April 30,2030 with (2) 5 year optionsLease is NNN structureContact Brokers for annual rent information

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