Contacts

Alvin J. Nash

Tradition Real Estate Partners

Property Details

Property Type Retail - Street Retail
Property Size 25,126 SF
Lot Size 0.31 Acre
Additional Rent Contact for pricing
Year Built 1912
Date Updated Dec 10, 2024

217 State Street, combined with 140 Front Street. Directly across from the Riverfront park on the corner of State and Front Street in Salem. One block west of Commercial.The Historic Furlong Building is Now Available sale or a joint venture. An exciting downtown Salem location perfectly positioned on the signaled intersection of a CB - Central Business District zoned area of high visibility and high traffic counts. Directly overlooking the 26 acre Riverfront Park, the Salem Carousel and the new amphitheater, presenting a unique opportunity to tap into a thriving commercial hub, capturing exposure to local families and events at the park. This lot contains two buildings, a single and double story building with a total of 25,126 SF with a parking garage on the second floor. Don't miss the chance to establish yourself in this sought-after retail center.The Historic Furlong Building is Now Available for Lease. 7,075 SF of open floor plan warehouse space in a highly visible location with a ton of front windows and natural light, and a private bathroom, ideal for retail use. An exciting downtown Salem location perfectly positioned on the signaled intersection of a CB - Central Business District zoned area of high visibility and high traffic counts. Directly across the street from the Riverfront Park, the Salem Carousel and the new amphitheater, presenting a unique opportunity to tap into a thriving commercial hub, capturing exposure to local families and events at the park. Don't miss the change to establish yourself in this sought-after retail center.

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Highlights

217 State & 140 Front - $2,495,000
Two Buildings with 25,126 SF
High Visibility Location
Signaled Intersection
CB Zoned Property
Up to $699,000 in Urban Renewal Grant Funds
20% Historic Tax Credit
Qualified Opportunity Zone (QOZ)
Across from Riverfront Park
Private Upper Level Parking Garage

Attachments

Offering Memorandum (Sale - L) (PDF) opens in new window

Getting around

74/100
Walk Score ®
60/100
Transit Score ®
88/100
Bike Score ®

Powered by Walk Score ®

City Salem, OR
Neighborhood Central Salem
Zip Code 97301
Market Eugene

Points of Interest

Salem

0.89 miles
Brooks Historical Society Depot

8.30 miles
Hopmere Station

8.39 miles

Blink

0.14 miles
Arco Gas Station

0.56 miles
ChargePoint

0.62 miles
Circle K

0.62 miles
Pacific Pride

0.63 miles
Space Age

0.83 miles
Arco

1.14 miles
Shell

1.16 miles
76

1.24 miles
Chevron

1.54 miles

Riverfront Park (South Lot)

0.10 miles
Liberty Square Parkade

0.16 miles
Riverfront Park (North Lot)

0.16 miles
Chemeketa Parkade

0.18 miles
Pringle Parkade

0.31 miles
Marion Parkade

0.40 miles
Salem Library Parkade

0.46 miles
Reserved Lot A

0.48 miles
Permit Parking

0.54 miles
M Lot

0.57 miles

Honey & Co.

0.06 miles
Azul's Taco House

0.08 miles
Masonry Grill

0.08 miles
Chira's Restaurant And Catering

0.13 miles
Wild Pear

0.14 miles
Court Street Dairy Lunch

0.14 miles
W. Wallace

0.14 miles
Precious Pizza

0.14 miles
Bigwig Donuts

0.14 miles
Amadeus

0.14 miles

Reed Opera House

0.14 miles
Salem Center (South)

0.27 miles
Ross

0.30 miles
Pringle Park Plaza

0.31 miles
Salem Center (North)

0.33 miles
Kohl's

0.36 miles
Macy's

0.38 miles
Grocery Outlet

0.64 miles
Roth's

0.78 miles
Safeway

0.85 miles

In-Depth Research Available for this Property

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