213 Madrona (-235) Av S $1,550,000


    213 Madrona (-235) Av S Salem, OR 97302

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    • 11,040 sq. ft.
    • 0.94 Acres
    • Commercial
    • MLS# 777442
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    Views: 108 Days On Site: 257

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    Property Details

    Accepted Offer with Contingencies. Tenant mix: bookkeeping, hair salons, massage therapist, counseling, advertising, physical therapy. Most are long term tenants. One 2190 SF available 12/01/2021 for owner occupancy. New $30K facia October 2021. Well maintained and professionally managed. Excellent investment property. Seller to do 1031 exchange. Seller is a licensed real estate broker in the state of Oregon.

    • General Features
      • Type Office
      • County Marion
      • Exclusions Tenant personal property
      • Suitable For Office Institutional/Gov, Medical Office, Office Building
      • Tax Amount 21657
      • Terms Cash, Conventional
      • Property Use Type Business, Investment
    • Building Features
      • Approx Bldg Sqft 11040
      • Electric 14008
      • Fenced Partial
      • Siding Style Lap
      • Foundation Continuous
      • Heating Central AC, Forced Air, Heat Pump
      • High Speed Communication Access Present
      • Roof Built-Up
      • Siding Wood
    • Property Features
      • Access Paved
      • Acres 0.94
      • Sewer City
      • Approx Lot Dimensions 302x144
      • Approx Lot Sqft 40946
      • Water City, Connected
      • Water Sewer 3767
      • Frontage Feet 114
      • Janitor Lawn 4451
      • Maintenance 6298
      • New Construction No
      • Number of Parking Spaces 47
    • 2-10 Home Buyers Warranty
    • American Home Shield - Be sure with the Shield.


    97302 (Salem) Demographics

    40 Median Age
    1,594 Population Density (per sq. mile)
    49% College Educated
    $66,702 Estimated Median Income
    9,293 Estimated Total Home Owners
    6,501 Estimated Total Renters
    59% / 41% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,706 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $379,085 Median Sales Price
    56 Homes Sold
    53 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,550,000
        5/12/2021 1:54:00 PM New in Database Source: Multiple Listing Service New Value: $1,550,000

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        The data relating to real estate for sale on this website come in part from the Broker reciprocity program of the WVMLS and Berkshire Hathaway HomeServices Real Estate Professionals. Real estate listings held by other than Berkshire Hathaway HomeServices Real Estate Professionals are marked with the Broker reciprocity logo and detailed information about these properties includes the names of the listing brokers. Listing data is copyright of 2022 WVMLS. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.