2490 Ewald Ave SE

PROPERTY DESCRIPTION Well located drive-thru manufacturing facility with 27,000 SF of Manufacturing space and 3,500 SF of office with Wood and Steel construction. PROPERTY HIGHLIGHTS Paint booth (non-operational) 1000amps of 480v in front of building with 2 step down transformer to 240v & 110v. 200amp with 220v and 110v of 3 phase power in rear of building. Gas Heating 3x Three Bridge Cranes 5 Grade Doors 1 Large Men's Bathroom, 1 Regular Men's Bathroom, 1 Regular Women’s Bathroom GOUND LEASE INFORMATION This property is on a City of Salem 40-year ground lease, which began on July 1st, 2019 and ends on June 30th, 2059. The base rent began at $33,308.44/yr and is scheduled to increase by 2.5% each year, on July 1st, except for those years which end in five (5) or zero (0). *Waiting on complete financial and lease information.*