$950,000 SALE
6,050 SF
119 N Water St
Silverton, OR 97381

A beautifully renovated and maintained office & retail building in downtown Silverton, OR. Known as the historic Hicks & Ames Building, this property is actually two separate buildings. The south section of the building was originally built in 1885, while the north section was later added in 1905 - this addition is apparent by the two differing brick colors on the front of the building. The entire building is approx. 6,050 SF, plus an approx. 1,050 SF basement (according to county records.). The first floor is split into two separate suites leased by two tenants - Harcourts NW Realty Group and Rustic Roots Studio (a salon user). The second floor is subleased by Harcourts and comprised of individual office suites. The basement level provides access to utilities and additional storage. The buildings main interiors have been updated with modern finishes, while the exterior had the awning replaced in 2018, a new membrane roof in 2017, and the back deck was replaced in 2019. The first floor has hard wood and carpeted flooring, and 12 foot ceilings with lots of natural lighting. The Harcourts suite (est. to be approx. 2,765 SF on the 1st Floor) has a large open front office/retail space, a back office space set up with cubicles, a small private conference room, and a kitchenette with wood flooring that leads to the back deck. The Rustic Roots Suite is approx. 785 SF total, with a large front retail space, a private bathroom, and a back office/storage room. The second floor is subleased by Harcourts and is approx. 2,500 SF. There are eight (8) suites in varying sizes which are further subleased to subsequent tenants. These tenants include Harcourts agents, Counseling services, a Consulting Company, a Massage Therapy Studio and a Tattoo Studio. Buyer to be responsible for verifying occupancy with City of Silverton.

Property Type Retail
Year Built 1885
Level Number 2
Zoning DC (Downtown Commercial)
Listing ID 32NRQM
MLS ID 806093
Style Retail – Street Retail
Building Size 6,050 SF
Lot Size 3485 SF

Property Highlights

Less than 30mins to Salem or Interstate-5

New Roof Membrane in 2017

Property is within a Floodway and requires Flood Insurance

Beautiful Creek Views (Deck Replaced-2019)

Located in the Heart of Silverton, OR. High-Traffic Area Very Walkable (89 Walk Score). Nearby Bus Lines: CARTS20 Silverton-Salem & 20X North Marion County/Salem Express.

Renovated Interior with Modern Finishes

Area Description

Area Description: This charming masonry building is located in the historical downtown area of Silverton, Oregon. This property has street frontage on busy N Water Street, where Oak Street intersects; and a lovely rear building view of Silver Creek. It is a scenic 26 minute drive to downtown Salem, OR, and less than 20 minutes to Interstate-5, Highway 22 E, Woodburn, Molalla, or Silver Falls State Park. With the prime downtown location, there are many restaurants, retail and financial institutions within walking distance.

Property Features
Age: Over 50 Years Old
Additional Media