1136 Lancaster Dr NE NE Active Save Request In-Person Tour Request Virtual Tour
Salem,OR 97301
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,830 sqft
Price per Sqft $246
MLS Listing ID 817208
Annual Tax Amount $10,659
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Fully leased retail building available for sale on Lancaster. The current tenant has an additional 6 years left on their initial lease term. Tenant is responsible for all expenses with the exception of the roof and structural components of the building. Rental income beginning in August is 77,408.00 per year and continues with 3% annual increases. Do Not Disturb Tenants
Location
State OR
County Marion
Area 35 Suburban E Salem/South
Interior
Heating Central AC,Forced Air,Gas
Exterior
Garage Spaces 19.0
Fence Partial
View Territorial
Building
Foundation Slab
Sewer City,Septic
Water City,Connected
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional