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$12,880,000
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| | Land Acres | 11.79 | |
| | GLA | 88,145 | |
| | Building S.F. | 88,145 | |
| | Cross Street | Highway 213 | |
| | Tax Parcel Number | 5 Tax Lots | |
| | Market | Marion County | |
| | Sub Market | Silverton | |
| | Available Pads | 1 | |
| | No. Stories | 1 | |
| | No.Tenants | 17 | |
| | No. of Buildings | 3 | |
| | No. of Parking Spaces | 457 | |
| | Building Class | A | |
| | Zoning Type | C3 | |
| | Street Frontage | Highway 213 | |
| | Corner | Yes | |
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301 Westfield Street Silverton, OR 97381
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Property Description
The subject property consists of Three retail buildings located on five tax lots at the corner of Highway 213 and Westfield Street in Silverton, Oregon. The largest of the three buildings at Silverton Plaza contains two anchor tenants with Safeway and Rite Aid with an additional 12,627 S.F. of in-line retail. Phase One of the property was constructed in 1997 and has been maintained exceptionally well.
The property owner finished construction on the two buildings located the north side of the Plaza in 2005 with the first tenant opening for business in late 2005. If retail tenants want to operate a business in Silverton, this property is the best option. This is the only new retail construction in town is getting a strong response in leasing activity.
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Location Description
Silverton is located about 42 miles south of Portland, and 15 miles from Salem, Oregon's capital. Silverton is bisected by the Cascade Highway 213 and State Highway 214.
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