725 Shipping St NE

Salem, OR 97301
  • $890,000

    Price
  • 0

    Bed
  • Bath
  • 10,260

    SqFt

About the Listing 1053 - 13816

Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.

Listing Highlights for 725 Shipping St NE

Status Active
Days on Site 197
Property Type Mixed Use
MLS ® 825699
Year Built 1950
Total Square Footage 10,260
Lot/Acreage 0.24
County Marion
Building Name Knights of Columbus

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City,Connected

Exterior Details

  • Garage Capacity: N/A
  • Roof: Other (Refer to Remarks)
  • Others: Other (Refer to Remarks)
  • Sewer: City

Financial Details

  • Tax Amount: $9,815
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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725 Shipping St NE Salem, OR 97301

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