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SOLD <br />494 State St - Oregon Building <br />Salem, OR 97301 <br />Sale on 5/7/2018 for $2,000,000 ($61.11/SF) - Research Complete <br />32,730 SF Class C Office Building Built in 1912 <br />Transaction Details <br />ID: 4345369 <br />Sale Date:05/07/2018Sale Type:Investment <br />Escrow Length:-Bldg Type:Office <br />Sale Price:$2,000,000-ConfirmedYear Built/Age:Built in 1912 Age: 106 <br />Asking Price:-RBA:32,730 SF <br />Price/SF:$61.11Land Area:0.28 AC (12,197 SF) <br />Price/AC Land Gross:$7,142,857.14 <br />Percent Leased:70.0% <br />Tenancy:MultiPercent Improved:- <br />-Total Value Assessed:$2,289,970 in 2017 <br />Improved Value Assessed- <br />Land Value Assessed:- <br />Land Assessed/AC:- <br />Spacer <br />No. of Tenants:13 <br />Tenants at time of sale:Global Cosmetics Group Usa, Llc; Halliday Law, PC; Health Net Health Plans Of Or-Exclusive Financial; <br />James J Susee Attorney at Law; Justice Dept; Law Firm AB Cummins; Legal Aid Service Of Oregon; <br />Mwvcog; Oregon Law Center; R W Beyer Enterprises; Rhoten Law; Russ Gurley & Associates; Willamette <br />Valley Music Company <br />Legal Desc:SALEM, BLOCK 20, LOT FR 1 & 2, ACRES 0.28 <br />Parcel No:R89114 <br />Document No:004075000086 <br />Spacer <br />Transaction Notes <br />The sales price was confirmed by the seller and buyer. The building was 70% occupied at the time of sale. No sale conditions. <br />The buyer and seller stated that this was an arms length transaction. <br />Copyrighted report licensed to Vorys - 913654. <br /> <br />