Perched on the hillside with excellent visibility and convenient access just off South Commercial Street SE, one of Salem's most active commercial corridors. Originally built in 1948 and thoughtfully remodeled in 2018. Zoned Commercial Office (CO), the main level offers three private offices, a shared kitchenette/copy room, and a restroom. The lower level features a one-car garage and spacious storage with potential to to convert to additional office or meeting space. One of the owners holds an active Oregon Real Estate Broker license.Tenant occupied. Please call listing broker to schedule all showings.
Do Not Disturb Tenant, Customers, or Employees. Appointment Required for All Viewings. Offered for the first time in 34 years, this 0.59 acre two parcel package presents a rare opportunity with existing rental income and future development potential. The property includes approximately 0.45 acres zoned Mixed Use III and approximately 0.15 acres zoned Residential Single Family. The existing tenant occupies the front portion of one parcel and has expressed interest in remaining. The rear portion of that parcel remains undeveloped, while the adjacent parcel includes a single family home. With approximately 70 feet of frontage on Commercial Street and an additional 65 feet of frontage on Oakhill Avenue, the property offers excellent visibility and access. Located among a strong mix of established local and national businesses including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III zoning allows for a variety of permitted uses including multifamily apartments, short term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, governmental services, and other similar uses. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential.
Courtesy: Berkshire Hathaway HomeServices Real Estate Professionals
503-371-3013
Do Not Disturb Tenant, Customers, or Employees. Appointment Required for All Viewings. Offered for the first time in 34 years, this 0.59 acre two parcel package presents a rare opportunity with existing rental income and future development potential. The property includes approximately 0.45 acres zoned Mixed Use III and approximately 0.15 acres zoned Residential Single Family. The existing tenant occupies the front portion of one parcel and has expressed interest in remaining. The rear portion of that parcel remains undeveloped, while the adjacent parcel includes a single family home. With approximately 70 feet of frontage on Commercial Street and an additional 65 feet of frontage on Oakhill Avenue, the property offers excellent visibility and access. Located among a strong mix of established local and national businesses including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III zoning allows for a variety of permitted uses including multifamily apartments, short term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, governmental services, and other similar uses. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential.
Versatile IC-zoned commercial property in Salem offering appx 7,300 SF on a .33-acre lot. Building offers 3 separate entrances and 3 restrooms, creating excellent multi-tenant/owner-user potential. Pull-through alley access, parking for appx 20 vehicles, ability to reinstall a roll-up door. Zoning allows for a broad range of potential retail, office, manufacturing, warehouse, distribution, contractor & automotive uses. Est. 14,000 daily traffic count. Refer to WVMLS #844222. A flexible opportunity for an investor/business owner! Appx. 340 sq. ft. finished square footage upstairs not recognized in County records. 1,110+ sq. ft. of unfinished storage upstairs. Buyer to verify building size, zoning, permitted uses, parking & property details with the city of Salem. Shown by appointment only. Please do not disturb the tenants. Newer roof & (2) newer furnaces
Versatile IC-zoned commercial property in Salem offering appx 7,300 SF on a .33-acre lot. Building offers 3 separate entrances and 3 restrooms, creating excellent multi-tenant/owner-user potential. Pull-through alley access, parking for appx 20 vehicles, ability to reinstall a roll-up door. Zoning allows for a broad range of potential retail, office, manufacturing, warehouse, distribution, contractor & automotive uses. Est. 14,000 daily traffic count. Refer to WVMLS #844211 A flexible opportunity for an investor/business owner! Appx. 340 sq. ft. finished square footage upstairs not recognized in County records. 1,110+ sq. ft. of unfinished storage upstairs. Buyer to verify building size, zoning, permitted uses, parking & property details with the city of Salem. Shown by appointment only. Please do not disturb the tenants. Newer roof & (2) newer furnaces
Courtesy: SMI Commercial Real Estate LLC
503-390-6060
Versatile IC-zoned commercial property in Salem offering appx 7,300 SF on a .33-acre lot. Building offers 3 separate entrances and 3 restrooms, creating excellent multi-tenant/owner-user potential. Pull-through alley access, parking for appx 20 vehicles, ability to reinstall a roll-up door. Zoning allows for a broad range of potential retail, office, manufacturing, warehouse, distribution, contractor & automotive uses. Est. 14,000 daily traffic count. A flexible opportunity for aninvestor/business owner!
Rare airplane hangar with front-row views of aircraft taking off and landing from this newer spacious 48' x 48' airplane hangar at the Salem Airport (KSLE), a super affordable ground lease of only $1,035 per year—a rare opportunity for aviation enthusiasts. It's a big enough hangar to hold several smaller Cessnas or a twin-engine airplane like a Beechcraft Baron 58. It's big enough for a Bell Jet Ranger and your tools. Have your hangar, watch the aircraft, and do a little maintenance inside your hangar.
Courtesy: eXp Realty, LLC
888-814-9613
Rare airplane hangar with front-row views of aircraft taking off and landing from this newer spacious 48' x 48' airplane hangar at the Salem Airport (KSLE), a super affordable ground lease of only $1,035 per year—a rare opportunity for aviation enthusiasts. It's a big enough hangar to hold several smaller Cessnas or a twin-engine airplane like a Beechcraft Baron 58. It's big enough for a Bell Jet Ranger and your tools. Have your hangar, watch the aircraft, and do a little maintenance inside your hangar.
A distinguished mixed use opportunity at 355 BelmontStreet Northeast, Salem. The property was previously hometo Talecris Plasma Donation Center and is currentlyarranged with numerous private offices and bullpen-stylerooms. Interior photos coming soon. Nestled at the intersection of Liberty and Market St NE, 355Belmont St NE boasts unparalleled visibility andaccessibility. Its prime location provides seamless access tomajor arterials, the Parkway, Interstate I5, downtown, andKeizer, making it an optimal choice for tenants and investorsseeking unparalleled convenience and exposure
Courtesy: Oregon First
503-667-5686
LONG TERM FAMOUS SUBWAY FRANCHISE BUSINESS, WALK- COOLER AND WALK-IN FREEZER INSIDE, GIANT PRIVATE PARKING LOT, MANY REPEAT REGUALAR CUSTOMERS, NET INCOME IS AVE. $8,000/MO., CAN BUY WITH $80,000 CASH DOWN PAYMENT ON SELLER FINANCING, THE BEST BUY!!
Prime South Salem Investment Opportunity! Near the Salem Convention Center and downtown amenities, this historic two-story office building, built in 1900, offers a flexible layout. The main level features a reception area and four private offices, while the lower level includes a reception area and four partitioned workspaces. Currently occupied by a single tenant, the property can easily accommodate multiple tenants with separate entrances for each level. Well-maintained and ideally located near downtown.
Courtesy: SMI Commercial Real Estate LLC
503-390-6060
Iconic Central Downtown location between the 2 bridges! Location of the Oregon State Marine Board with plenty of room to add your business in the rest of the spaces. Super high traffic counts, great signage and visibility. This property can be mostly owner occupied or used as an investment property. Classic architecture and modern ADA amenities abound in this 1-level office building. 330' of frontage on Commercial Street, the gateway from Keizer into Downtown Salem
Located in the heart of Salem, this secure office property is available for sale or lease and is ideal for nonprofits, government agencies, community service providers, and professional office users. Features include 12 private offices, conference rooms, ADA restrooms, 23 secured parking spaces, perimeter fencing, and flexible workspace. Neighboring users include Salem Police Department, Union Gospel Mission, and Bridgeway Community Services. Buyer to verify square footage (County records: 6,597 SF)
Courtesy: Evans, Elder, Brown & Seubert
541-345-4860
Fully leased 41,472 sf Salem office building in one of kind location across the street from the Convention Center. Building has 3 leases with 95% of the building leased to Marion County Public Defender and State of Oregon Public Defense Fund. Interior of building had significant interior renovation between 2021-2025.
Iconic Central downtown location between the 2 Bridges! Location of the Oregon State Marine Board with plenty of room to add your business in the rest of the spaces. Super High traffic counts, great signage & visibility this can be partially owner occupied or used as an investment property. Classic architecture and modern ADA amenities abound in this 1 level office building. 330 Feet of frontage on Commercial St the Gateway from Keizer into Downtown Salem. Updated rent roll coming soon!
Rare opportunity to acquire a versatile EFU property featuring nearly 10 acres and extensive shop/storage improvements. Ideal for agricultural operations, equipment storage, contractor use and other permitted EFU uses. Conveniently located just minutes from West Salem while offering privacy and room to operate. Buyer to perform due diligence regarding permitted uses and dwelling eligibility. Call for a showing or more info.
Presenting one of Salem's most iconic, beautifully renovated office buildings, ideally positioned in the heart of Salem within the Central Core Business District on one of the highest-trafficked corners in the city. The building features 100% occupancy, Price reduced, 8.6% CAP Rate! Over $2 million in recent renovations, blending historic character with modern upgrades. Anchored by A+ long term State of Oregon tenants, this is a rare opportunity to acquire a stable landmark asset in a prime Salem location!
This sale-leaseback retail opportunity in Salem features a reliable, passive income stream with long-term, stabilized tenant committed to the location and the business. El Ranchero is a very well-known high volume local business featuring on-site food & beverage, as well as abundant grocery, deli, and retail selections.Pricing offers a 7% CAP rate with NNN structure, 10-year term with options, and flexible lease terms. Tenant will assume responsibility for all on-site maintenance. The business has been there since 2019, anchored by Dollar Tree on a strategic, high-traffic commercial location. The property offers a blend of capital appreciation and immediate risk-adjusted returns for any investor.Updated financials and OM coming soon.Text / Call LA with questions.
Charming, well-maintained office building located just south of downtown Salem. This attractive two-story property with basement storage has undergone numerousupgrades in recent years, offering a move-in ready opportunity for professional ormedical users. The main level features a spacious front reception area, a large private office, kitchen, four treatment rooms (two equipped with a sink), and two restrooms. The second floor includes two additional private offices, providing excellent flexibility for a variety of business layouts. An on-site parking lot with approximately 10 spaces ensures convenient access for staff and clients, with additional street parking.
Introducing an exceptional investment opportunity in a quality building, at just $106/SF. This well-built hangar/office/multi-purpose building served as a former Dutch Bros Coffee training and HQ offices for the local franchisee. This 9,420 Total SF prime property boasts a corner location at Aerial Way and 25th Ave SE. At 6,000 SF of first floor building (60'x100' -- 7,000 SF per county) and 3,420 SF of mezzanine. The property offers modern amenities and a solid foundation for diverse use. Zoned PS to accommodate a wide range of activities, this well-situated location in the heart of Salem adds further appeal. Don't miss out on the chance to invest in this 18-year-old property with substantial potential for future growth and profitability. The first floor consists of approximately 1,024 SF of office, 1,750 SF of "training/open" area, and 3,086 SF of hangar area, plus a massive 3,420 SF mezzanine on the 2nd level. The hangar door measures roughly 50' x 17'. Property is subject to a City of Salem airport ground lease at $8,306.19/year. The lease appears to be re-cast every 5 years (years ending in zero and 5) and is subject to a public appraisal.2 Restrooms (mens & womens)Kitchen area3 private officesTraining/Assembly areaHangar areaMezzanine (enclosed and deck)High-quality buildout & buildingAirport addressClose to I-5Runway accessPrivate parking(All interior SF measurements are approximate. Buyer to verify.)
45,000 SF well-maintained industrial/office building with grade-level and dock-high doors. 10,000 SF office and 33,000 SF warehouse on 2.59 acres. Great access to highway 22 and I-5.
Highly visible retail/office/medical property building at lighted intersection of Commercial and Center. Seller would like to lease back for 5-year period with options to renew providing a 6,933 SF space for an owner occupant, plus basement storage. Great SBA loan lending option or an investment hold property.
Introducing an exceptional investment opportunity in Salem, Oregon. This 7,440 SF building, comprised of 9 units and zoned MU-III, promises a stable in-place income and significant value-add potential. With 100% occupancy, this property offers built-in NOI growth and boasts recent capital improvements. Rents are currently positioned below market rates, presenting a compelling opportunity for immediate upside. Strategically positioned along a high-traffic corridor, this flexible MU-III property is primed for continued success. Don't miss the chance to acquire a property with strong income stability and promising growth prospects.
Stunning custom office building in the heart of Salem boasts a wealth of premium amenities, including elevator service, a secure underground garage with 10 parking spaces + 22 surface parking spaces, and a custom kitchen. The building features real hardwood floors, a reception area with a fireplace, a workroom/copy room, and numerous offices on all three floors. and multiple conference rooms. With its unique charm and new wrought iron fencing for added security, this one-of-a-kind property offers exceptional opportunity for owner occupant seeking a distinguishedoffice building in the vibrant center of Salem. Current Tenant is planning to relocate.
Salem is located in Oregon. Salem, Oregon has a population of 174,193. Salem is more family-centric than the surrounding county with 31.31% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Salem, Oregon is $62,185. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Salem is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.
