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JUST REDUCED $75,000! Attention Savvy Investors... Check out this rare-find property with (3) commercial buildings situated on about 1.7 +/- acres in Salem City. All three buildings are rented to long -standing tenants and the total rental income is nearly $59,000 per year. The main building is currently used as an Antique Mall/Consignment retail store and is approximately 11,403 +/- sf. This building has an alarm system and monitored fire alarm system. The second building is a block building (1824 +/- sf) with overhead doors, 3-phase electric and is currently used as a machine shop. The rear building is a block building (5000 +/-sf) and is currently used as a print shop with an open layout and offices. The monthly rental income is $1800.00 (Antique Mall/Consignment Store), $700.00 (Machine Shop) and $2416.66 for the print shop. "Don't wait for the right opportunity: create it." Invest in Your Future Today!
Property Type(s):
Commercial
| Last Updated | 7/27/2024 | Year Built | 1960 |
|---|---|---|---|
| Community | Salem City (21713) | County | SALEM |
Price History
| Prior to Jul 8, '24 | $499,000 |
|---|---|
| Jul 8, '24 - Jul 25, '24 | $425,000 |
| Jul 25, '24 - Jul 27, '24 | $399,000 |
| Jul 27, '24 - Today | $399,900 |
Additional Details
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Salem City (21713) |
| HEAT | Forced Air, Hot Water, Natural Gas, Oil, Radiant |
| LOT | 1.7 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Public Sewer |
| TAXES | 19746 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
| ZONING | Residential Limited Commercial |
Location
Listing provided by Warner Real Estate & Auction Company
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Data last updated: 1/9/25 5:24 PM PST
This IDX solution is (c) Diverse Solutions 2025.
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