1890 Capitol St NE NE, Salem, OR 97301
1890 Capitol St NE NE, Salem, OR 97301
1890 Capitol St NE NE, Salem, OR 97301
1890 Capitol St NE NE, Salem, OR 97301
1890 Capitol St NE NE, Salem, OR 97301
1890 Capitol St NE NE, Salem, OR 97301
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Listed by MARK SHADRIN • BERKSHIRE HATHAWAY HOMESERVICES R E PROF • Cell: 503-983-4405
$ 587,500
Est. payment | /mo

1,440 SqFt

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$ 587,500
Est. payment | /mo
Save Virtual Tour

1,440 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $407

MLS Listing ID 845150

Year Built 1973

Annual Tax Amount $3,230

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Retail

Property Description

Excellent visibility and flexibility at 1890 Capitol St NE in Salem. This 1,440 square foot commercial building sits on a 0.15 acre corner lot and features a large open retail and lobby area, two offices or storage and supply rooms, bathroom, and break room. Six onsite parking spaces plus adjacent street parking provide convenient access. Brick and shingle siding, prominent signage, and a high visibility Capitol Street location add to the property's appeal. City of Salem traffic data from 2015 reported more than 12,000 vehicles passing daily. Located adjacent to Salem Clinic. Previously operated as a cannabis dispensary, the property offers the opportunity to continue a similar use or transition to another permitted commercial use. Potential uses include eating and drinking establishments, office, laboratory and research, daycare, neighborhood convenience store, and other commercial uses. Existing furniture, fixtures, security system, large safes, display cases, and other dispensary equipment are negotiable, creating the potential for a turnkey operation. Existing cannabis retail license is also negotiable and subject to buyer qualification, regulatory requirements, and applicable approvals.

Location

State OR

County Marion

Area 20 Central Salem

Interior

Heating Forced Air

Exterior

Garage Spaces 6.0

Fence Partial

Building

Foundation Slab

Sewer City

Water City, Connected

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/DMO8vbdnJNE

Willamette Valley MLS (WVMLS)

NEARBY SCHOOLS & PROPERTIES

Spencer And Mariah Crawford

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 507-3666

spencer@vettruscrawfordrealty.com

2175 NW Raleigh St. Suite 110, Portland, OR 97210, United States

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1890 Capitol St NE NE