$4,200,000
The Bishop Building
145 Liberty Street NE
Salem, OR 97301
Active
PRICE
UNITS
8 Residential
3 Commercial
SIZE
21,900 SF
PRICE/UNIT
$381,818
TYPE
Mixed Use
CAP RATE
5.59%
Highlights
Environmentally Friendly
Energy Efficient Vinyl Windows
Parking Amenities
Off Street Parking Available
Easily Accessible
Great Location in Close Proximity to both the I-5 corridor and St. Johns bridge
Natural Amenities
Patios, Balconies & Greenspace
Laundry Available on Site
Laundry Facility On Site for Additional Income
DESCRIPTION
Incredible mixed use property featuring both Commercial Spaces as
well as 8 updated residential units that range in size from 1,635 sq ft
to 1750 square feet. High end finishes include stainless steel
appliances, granite countertops, air conditioning, dual sinks, walk in
closets, motorized window treatments, exposed brick walls, full size
washer and dryers, gas fireplaces and city views.
Residents love the secured access building with elevator and
additional rentable storage space
FINANCIAL SUMMARY
- Pro Forma Cap Rate 5.59%
CONTACT LISTING BROKER:
Grayson Pounder | 503.680.3648 | Grayson@PounderRealty.com
Location