12th St Retail Investment Opportunity

1220 12th Street Southeast, Salem, OR 97302

Property Information

  • For Sale $2,500,000
  • Property Type Retail - Street Retail
  • Property Size 22,292 SF
  • Lot Size 1.71 Acre
  • Property Tenancy Single Tenant
  • Year Built 1948
  • Date Updated Aug 18, 2026

Description

Discover the vibrant potential of Salem's 12th Street Southeast location. Situated in a bustling commercial district, the area offers a prime investment opportunity for Retail / Street Retail investors. Surrounding the property, prospective investors will find popular destinations such as Bush's Pasture Park, Riverfront Park, and the historic Willamette University. With a charming mix of local shops, eateries, and entertainment options, the neighborhood attracts a diverse range of visitors, ensuring a steady flow of foot traffic for retail businesses. This dynamic area invites investors to become part of a thriving commercial landscape in the heart of Salem.Introducing an exceptional opportunity for Retail / Street Retail investors in Salem, Oregon. This prime property features a 22,292 SF building, with a rich history dating back to 1948 as the former Coke bottling facility. Zoned IC, offering versatile possibilities for retail ventures. Currently enjoying 100% occupancy, this investment promises immediate returns and ongoing potential in the thriving Salem area. With a strategic location and solid tenant base, this property presents a secure and lucrative investment opportunity for retail-focused investors looking to make their mark in Salem's bustling commercial landscape.

Highlights

  • Contact Brokers for annual rent information
  • Current lease runs through April 30,2030 with (2) 5 year options
  • Lease is NNN structure
  • Within Opportunity Zone (See Link)

Contacts

Location

Located at 1220 12th Street Southeast, Salem, OR 97302, this property is part of the Southeast Salem neighborhood and Eugene market.

Contact Listing Broker
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