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1025 2nd St NW
Salem, OR 97304 West Salem

$4,423,228 USD

Medical For Sale • 10,800 SF

Property Details

Property Type Medical
Total Building Size 10,800 SF
Lot Size 0.65 AC
Building Class A
Year Built 2019
Cap Rate 7.00 %
Tenancy Multiple
Zoning CO-(Commercial Office)

40 Transit Score

66 Walk Score

                
                    Highlights
                
                                7.0% CAP RATE ACTUAL INCOME with 5% for vacancy 
                            
                                100% FULLY LEASED INVESTMENT OFFERING
                            
                                THREE (3) TENANT Clinical Medical Facility
                            
                                FULLY SPRINKELED WITH DRY & WET SUPPRESSION SYSTEM
                            
                                Owner willing to consider Seller Financing contingent on the Terms and Conditions in Buyer’s offer

Property Flyers

THE RE BUILDING

Financial Summary (Actual)

Net Operating Income: $309,629 USD (2024)

Cap Rate:	7.00 %
Total Expenses:	$5,896 USD

Amenities

Fitness Center
Signage
Wheelchair Accessible
Storage Space
Monument Signage
Air Conditioning
Fiber Optic Internet

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	2.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Brian Fratzke 541-480-2526 Fratzke Commercial Real Estate Advisors, Inc.

1025 2nd St NW Salem, OR 97304 West Salem