198 Commercial Street SE

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198 Commercial Street SE

Salem, OR 97301
Asking Price
Contact for price
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 41,472 square feet of special-purpose space.
  • Located at 198 Commercial Street SE in Salem, Oregon.
  • The building coordinates are 44.9395 latitude and -123.0404 longitude.
  • Salem serves as the state capital with a stable economic base.
  • This special-purpose asset is currently available for purchase.

What's Special

Spanning 41,472 square feet, this special-purpose property sits at 198 Commercial Street SE in Salem, Oregon. The facility occupies a central location within the state capital, a region characterized by a stable government-driven economy and consistent regional growth. This positioning provides accessibility to local infrastructure and major transit routes serving the Willamette Valley. The building's layout offers flexible configurations suited for various special-purpose operations, making it a functional choice for entities seeking specific physical requirements. Investors and business owners can leverage the site's footprint to accommodate diverse industrial, institutional, or community-based functions. Given the current configuration of the space, the asset supports a range of potential uses depending on the specific operational needs of an incoming occupant. Its presence in the Salem commercial market allows for integration into a growing suburban and administrative economic landscape.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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