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675 Orchard Heights Rd
Salem, OR 97304 West Salem

$5,580,000 USD

Medical For Sale • 19,500 SF

Property Details

Property Type Medical
Total Building Size 19,500 SF
Lot Size 1.04 AC
Building Class C
Year Built 1999
Tenancy Multiple
Zoning CR

36 Transit Score

72 Walk Score

                
                    Highlights
                
                                High Occupancy with Anchor Stability: 92.9% leased to creditworthy tenants on long-term NNN agreements, anchoring cash flow reliability.
                            
                                Minimal Owner Overhead: Annual operating expenses capped at ~$10,000, maximizing NOI efficiency.
                            
                                Prime Affluent Locale: Positioned in West Salem, Salem's highest-income neighborhood, with median household incomes exceeding $90,000
                            
                                Versatile Zoning Advantage: Flexible Retail Commercial designation allows for adaptive reuse, enhancing future-proofing.
                            
                                Versatile Zoning Advantage: Flexible Retail Commercial designation allows for adaptive reuse, enhancing future-proofing.