5695 Gaffin Rd, Salem, OR 97317

3,744 SF | Industrial Building | Salem, OR 97317 | $1,900,000 ($507/SF)

Asking Price $1,900,000

Property Type
Industrial
Price / Square Foot
$507

Listing Contacts

  • Property Info

Property Overview

An excellent opportunity to purchase a redevelopment opportunity and generate some short-term income while going through the permitting process.
The property currently consists of 5 acres with a pole building, a storage building, and a residential home, all served by a well and septic system. This prime location offers unparalleled convenience and accessibility, making it an ideal choice for companies seeking efficient transportation and distribution capabilities. With its strategic position adjacent to Hwy 22 and close proximity to Interstate 5, this property presents a unique opportunity for growth and success.
*House, shop, and warehouse leased on month-to-month tenancies
*Approximately $3070 monthly net income
*Adjacent to Hwy 22
*Approximately 3 miles to Interstate 5
*The property was recently re-zoned to Commercial
*This part of Salem is a rapid area of industrial development
*Property served by a well and septic system.
*Well installed in 2008 | approx. 102’ deep | Static Level 38.2 | GPM 20-30
*House built in 1954 | 1,364 +/- SF
*Pole building constructed in 2012 - 2240/SF | Storage building construction in 1989 - 3744/SF
*Zone-Commercial (Marion County)
*Second Largest MSA in Oregon with 170,000 + residents
*Located in Marion County
*Please do not disturb tenants
*Seller financing available – Please call listing broker to discuss

Property Details

Class
C
Year Built
1989
Stories
1
Lot Size (sq. ft)
217,800 SF

Highlights

  • Seller Financing Available
  • Redevelopment Opportunity
  • Served by well and septic system
  • Located at the Hwy 22 and Gaffin Rd Interchange
  • 4 Top Corporate Neighbors | AMAZON | FEDEX | HOME DEPOT | LINEAGE LOGISTICS
  • Tremendous visibility

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