Skip To Content

    213 Madrona (-235) S

    Salem, OR 97302
    • $1,550,000
    • STATUS: Active Under Contract
    • ON SITE: 34 days
    • MLS #: 777442
    Under Contract
    UPDATED: 24 min ago
    $1,550,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,040
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Listing information © 2021 Willamette Valley Multiple Listing Service
    Listing provided courtesy of Keller Williams Capital City

    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.

    Monthly Payment Calculator



    © 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premiere Property Group LLC. Data last updated: 2021-06-16T18:08:49.687.
    pdx.ppghomesearch.com/homes/117097655
    Print Image

    213 Madrona (-235) S Salem, OR 97302

    • Price: $1,550,000
    • Status: Active Under Contract
    • Updated: 24 min ago
    • MLS #: 777442
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    11,040
    SQFT
    $140
    $/SQFT
    Neighborhood:
    50 SOUTH SALEM
    County:
    Marion
    Area:
    50 SOUTH SALEM
    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.
    Exterior Features

    Access Paved Approx Lot Dimensions 302X144 Building1 Info 5520 SF Building2 Info 5520 SF Fenced Partial Foundation Continuous Frontage Feet 114 Parking Spaces 47 Roof Built-Up Siding Wood Siding Style Board &Amp; BattLap Signage Yes

    Interior Features

    Heating Central AcForced AirHeat Pump

    Property Features

    Assessments Or Liens No Cap Rate 6.5 Commercial Type Office Cross Street Liberty Electric 14008 Exclusions Tenant Personal Property Expenses Actual Or Projected Actual Garbage 1776 Gross Sched Income 165573 High Speed Comm Access Present Insurance 3600 Janitor Lawn 4451 Maintenance 6298 Mgmt Acct 9240 Net Income 100776 New Construction No Owner Managed No Owner Occupied No Possession Coe Property Name Madrona Office Plaza Property Taxes 21657 Property Use Type BusinessInvestmentVacant/Owner-User Seller To Do1031 Yes Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 21657 Tax Years 20-21 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 64797 Water CityConnected Water Sewer 3767 Zoning Co

    © 2021 Willamette Valley Multiple Listing Service. All rights reserved.


    © 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Premiere Property Group LLC. Data last updated: 2021-06-16T18:08:49.687.
     
    Logo
    Premiere Property Group LLC
    5000 Meadows Rd. Suite 150
    Lake Oswego OR, 97035
    Listing information © 2021 Willamette Valley Multiple Listing Service
    Listing provided courtesy of Keller Williams Capital City