Amazing opportunity to own this unique investment in West Salem. Highly anticipated River Bend Shopping Center & Checkpoint 221 food truck pod is in the last phase of construction & is set for completion Feb 2023. Consisting of a 4-unit shopping center, pavilion & food truck pod, this development is a much-needed neighborhood center for residents to shop & relax in a rapidly expanding community. Property is adjacent to 48-unit apartments & another 201-unit apartment complex currently being built
- Price:
- $8,900,000
- Square Footage:
- 10,780
- Acreage:
- 1.95
- Year Built:
- 2020
- Listing ID #:
- 22584446
- Street Address:
- 1221 River Bend Rd NW
- City:
- Salem
- State:
- Oregon
- Postal Code:
- 97304
- County:
- Polk
- Community:
- 168 - Polk Co: West Salem N
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Condition:
- New Construction
- Total # Of Buildings:
- 2
- Total Building Square Footage:
- 10780
- Year Built:
- 2020
- Gross Income:
- 467075
- Operating Expense:
- 52173
- Approximate Total Acres:
- 20, 000 Sqft To .99 Acres
- Conforms To Zoning:
- Cr Co
- Existing Land Use:
- Office, Other, Retail
- Lot Square Footage:
- 84942
- Road Frontage:
- 418
- Days On Market:
- 187
- Included In Sale:
- Building, Land
- On Market Date:
- 2022-12-02
- Originating Mls:
- Regional Multiple Listing Service, Inc.
- Previous Listing Price:
- 7500000
- Terms:
- Cash, Conventional
- Property Taxes:
- $11,680
- Tax Year:
- 2022
- Parking Description:
- Assigned
- Existing Water:
- Public Water
- Heating:
- Mini Split
- Heating Fuel:
- Electricity
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Christine Folz ORBroker@TheRealBrokerage.com with Real Broker
-
All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 6/8/2023 10:34 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
