1994 Commercial St NE

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1994 Commercial St NE

Salem, OR 97301
Asking Price
$1.40M
Asset Type
Warehouse Retail
Class
Class B

What's Special

1985 Liberty St NE, Salem, OR 97301 <ul><li>​Flexible Sale or Lease terms; Offered for sale at $1,400,000 or available to lease at $1.00/SF/month NNN</li><li>​Two-parcel portfolio, offered together; A combined 0.60-acre CG-zoned package </li><li>​High-visibility highway frontage with direct frontage on Liberty St NE (Hwy 99E) with 17,860 vehicles per day</li><li>​Versatile space configuration; The main building features a 1,632 SF showroom, office space, and a 7,909 SF warehouse with two 14'x14' grade-level OHD</li></ul>

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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