Salem OR Real Estate & Commercial for Sale

43 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
195,240
Status:
Active
MLS#:
835747
Type:
Industrial
Lot size:
12.9 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Multi-Tenant Industrial Complex Central to Salem, Oregon with directaccess to Salem Parkway and Interstate 5. Seven well-maintainedindustrial buildings with room for a partial owner-occupant or additionallease revenue. Leases have potential for strong upside with increasedrents. Property is rail served and conveniently located near Cherry Aveand Salem Industrial with easy access to I5. Contact Broker for full rent roll and financial information. Buyer isresponsible for verifying information and railroad agreementsupon accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
106,601
Status:
Active
MLS#:
835938
Type:
Office
Lot size:
4.3 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Owner-User opportunity to purchase the building and occupy all or a portion of theavailable space. The current lease with the city runs through November 2026, allowing for flexibility. Cafe Tenant is also on flexible terms if an owner-user wants to occupy that space. The building is zoned MU3, allowing for a variety of uses.Adjacent properties at 3130 and 3160 Broadway are not included in the sale but could be negotiated into terms.

Beds:
n/a
Baths:
Sq.Ft.:
6,362
Status:
Active
MLS#:
835429
Type:
Retail
Lot size:
0.27 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Introducing an opportunity to purchase commercial property at 2060 Warner St NE, Salem, OR! The area is renowned for its convenient access to major transportation routes, including I-5 and Highway 99E. Zoned MU-1, this offering is tailored for range of business ventures. Space can be subdivided to accomodate two tenants, allowing owner/user space as well as income producing space.

Beds:
n/a
Baths:
Sq.Ft.:
9,000
Status:
Active
MLS#:
777079603
Type:
Industrial
Lot size:
0.62 Acres
Year built:
1979
A broker reciprocity listing Courtesy: SMI Commercial Real Estate LLC 503-390-6060
View additional info

ADDITIONAL INFORMATION

Centrally located flex building with great parking and multiple options for being an owner user as well as obtaining rental income from other tenants. Currently 3,665 SF of vacancy and there is an option for more space. Buyer to do their own due diligence to determine if the property is located in the Oregon Enterprise Zone. Financials and lease information available upon request. Please do not disturb the tenants.

Beds:
n/a
Baths:
Sq.Ft.:
11,292
Status:
Active
MLS#:
834695
Type:
Retail
Lot size:
1.33 Acres
Courtesy: SVN COMMERCIAL ADVISORS, LLC 503-588-0400
View additional info

ADDITIONAL INFORMATION

The Original Pancake House in South Salem has been an iconic breakfast & lunch spot for over three decades. Originally started in Portland in 1953, this location was opened in 1994 and has had a waiting list for a table ever since. Original Pancake House now operates in 20 states throughout the US. In 1997, the owners of this location built two additional buildings, with six(6) suites on the back half of the property that have been occupied by the same tenants ever since. Anchored by a UPS Store, other uses include chiropractic, beauty salon, travel agency, insurance, and rare coins and metals.* Seven-tenant retail/office complex* All tenants have been original since 1997* Most roofs and HVAC systems have been updated* New owner upside

Beds:
n/a
Baths:
Sq.Ft.:
9,000
Status:
Active
MLS#:
834893
Type:
Industrial
Lot size:
0.62 Acres
Courtesy: SMI REAL ESTATE 503-390-6060
View additional info

ADDITIONAL INFORMATION

Centrally located flex building with great parking and multiple options for being an owner user as well as obtaining rental income from other tenants. Currently 3,665 SF of vacancy and there is an option for more space. Buyer to do their own due diligence to determine if the property is located in the Oregon Enterprise Zone. Financials and lease information available upon request. Please do notdisturb the tenants.

Beds:
n/a
Baths:
Sq.Ft.:
3,445
Status:
Active
MLS#:
834112
Type:
Office
Lot size:
0.17 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Charming office building off of Commercial Street with MU2 zoning allowing for a variety of uses. This two-story building features a reception area, 5 private offices, a kitchen, and a break area with new finishes throughout. Upstairs has a second restroom with a shower and a wet bar.Could potentially be modified for a live-work setup. Buyer to complete Due Diligence for this and verify occupancy. High visibility along Commercial StNew finishes throughoutMU2 ZoningThe foundation has had seismic and waterproofing upgrades 7 onsite parking spaces

Beds:
n/a
Baths:
Sq.Ft.:
7,000
Status:
Active
MLS#:
834132
Type:
Retail
Lot size:
0.42 Acres
Courtesy: MOSAR COMMERCIAL PROPERTIES 971-273-7670
View additional info

ADDITIONAL INFORMATION

Stand alone retail building in Salem with close proximity to The Yard Food Park. Open floor plan ready for tenant specific improvements. Site is ideal for laundry mat, automotive parts store, furniture, grocery, and other retailers.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
433035688
Type:
Business Opportunities
A broker reciprocity listing Courtesy: Keller Williams Realty 541-608-0447
View additional info

ADDITIONAL INFORMATION

Prime Salem Cannabis Retail & Real Estate Turnkey Opportunity!A Rare and Potent Investment Opportunity Awaits in the Heart of Salem. Step into a fully-established and highly profitable cannabis retail operation, complete with the invaluable asset of the underlying real estate. This isn't just a business for sale; it's a strategic land acquisition and a turnkey enterprise in one powerful package, positioned perfectly to capitalize on the demand of the Oregon market. Strategically located just moments from the iconic Oregon State Fair & Expo Center, this property benefits from an unparalleled stream of high traffic. The constant flow of event attendees, tourists, and local commuters provides a built-in customer base that ensures strong visibility and continuous footfall.The Property & Location Highlights:Abundant Parking. Never lose a customer due to lack of parking. The .15 ac lot provides ample, convenient parking. The asset includes highly coveted stand-alone signage rights, offering supreme brand visibility from the main road and ensuring you capture the attention of every passerby.Located in Salem's bustling hub, you are positioned to serve the vibrant local community and the thousands of visitors drawn to the Expo Center year-round.This is not a startup. The business boasts a loyal and vibrant local following. The brand is recognized and trusted in the community.Walk in, take the keys, and begin operations immediately. The sale includes all necessary fixtures, furniture, and equipment (FF&E), and is compliant and ready for a seamless transition.Your future in cannabis starts here. Serious inquiries only.Contact us today to schedule a confidential viewing and receive the detailed financial and business portfolio.

Beds:
n/a
Baths:
Sq.Ft.:
2,900
Status:
Active
MLS#:
834059
Type:
Business Opportunities
Lot size:
0.42 Acres
Courtesy: SMI REAL ESTATE 503-390-6060
View additional info

ADDITIONAL INFORMATION

Great mom and pop type produce business near busy retail area with 12-yr track record. Business only is for sale along with FF&E and Inventory. Lease rate is good and inventory and financials available with signed NDA. This is a business sale only. NO REAL PROPERTY is included. Name and location of business to be kept confidential until signed NDA is received.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
833433
Type:
Retail
Lot size:
2.62 Acres
Courtesy: SVN COMMERCIAL ADVISORS, LLC 503-588-0400
View additional info

ADDITIONAL INFORMATION

This downtown Salem property presents a compelling investment opportunity with a total building area of 61,521 SF (52,845 SF NRA) across 22 units in 4 buildings. The fact that it's zoned Central Business District in the heart of Salem and is sitting at full occupancy, puts the property in a position as a highly desirable asset for retail and/or office investors. The property is at 99% occupancy with substantial upside in rents, making this an investment with tremendous upside potential. 61,521 Total Building SFBuilding A 16,908 SFBuilding B 19,699 SFBuilding C 20,178 SFBuilding D 4,73622 unitsZoned CBD - Central Business DistrictLocated in the heart of downtown Salem

Beds:
n/a
Baths:
Sq.Ft.:
1,344
Status:
Active
MLS#:
833346
Type:
Office
Lot size:
0.16 Acres
Courtesy: SMI REAL ESTATE 503-390-6060
View additional info

ADDITIONAL INFORMATION

Unique property located with high visibility. Large common area, 1 office, 1 bath, and kitchen on the main floor, with potential for additional office space by adding a wall/door. 3 offices and 1 bath upstairs. Off street parking, Cat 5 wiring to office spaces. Zoned Commercial Retail, current use is designated as boarding housing. Zoning is very flexible and has many potential uses.

Beds:
n/a
Baths:
Sq.Ft.:
3,281
Status:
Active
MLS#:
833324
Type:
Office
Lot size:
22 Acres
Courtesy: SVN COMMERCIAL ADVISORS, LLC 503-588-0400
View additional info

ADDITIONAL INFORMATION

All the charm of a 1928 conversion to an office/medical building with the infrastructure of a newer building. Just 3 blocks to Willamette University and the Oregon State Capitol, this building was a thriving dental practice and could be used for either medical/dental or professional office. The building has the plumbing and vacuum to be dental, or this would make an outstanding office a law office, an accounting firm, or a state association.

Beds:
n/a
Baths:
Sq.Ft.:
1,689
Status:
Active
MLS#:
115228187
Type:
General Commercial
Lot size:
0.7 Acres
Year built:
1939
A broker reciprocity listing Courtesy: BST Realty LLC 971-900-4050
View additional info

ADDITIONAL INFORMATION

Discover the prime investment potential of the 3297 River Rd N location in the Salem Keizer area. This stategically positioned property offers proximity to both the Salem and Keizer key commercial locations. The area's strong economic and population growth forecasts make it an attractive opportunity for land and retail-pad investors looking to capitalize on the regions development momentum. MUIII Zoning allows for a variety of uses.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
832529
Type:
Retail
Lot size:
0.7 Acres
Courtesy: BST REALTY, LLC-KEIZER 971-900-4050
View additional info

ADDITIONAL INFORMATION

Discover the prime investment potential of the 3297 River Rd N location in the Salem Keizer area. This strategically positioned property offers proximity to both the Salem and Keizer key commercial locations. The area's strong economic and population growth forecasts make it an attractive opportunity for land and retail-pad investors looking to capitalize on the region's development momentum. MUIII Zoning allows for a variety of uses. Refer to WVMLS #832584

Beds:
n/a
Baths:
Sq.Ft.:
7,168
Status:
Active
MLS#:
766648397
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1953
A broker reciprocity listing Courtesy: SMI Commercial Real Estate LLC 503-390-6060
View additional info

ADDITIONAL INFORMATION

This single-story building features a 1,120 SF retail showroom with excellent exposure to 13th Street with high traffic counts. In addition, there is a 6,048 SF warehouse, which offers three 13’ roll up doors, an overhead crane, mezzanine storage, small office space, three-phase, 240v power, upgraded lighting and anew roof on the warehouse in 2024. The building is easily accessible from 13thStreet, Lewis Street, alleyway on the south side and is conveniently located to downtown and I-5. There are three additional unimproved tax lots totaling .34acres on the west side of the building.Also available for lease at $0.75/SF/NNN

Beds:
n/a
Baths:
Sq.Ft.:
49,340
Status:
Active
MLS#:
832519
Type:
Industrial
Lot size:
4.91 Acres
Courtesy: GALL REAL ESTATE SERVICES LLC 503-363-6051
View additional info

ADDITIONAL INFORMATION

Investment property, or owner user with built-in income stream. Main building has two tenants, plus approx. 32,000 SF to either utilize, or Lease out, demisable down to 2,500 SF. Multiple grade level door, hung gas fired heat, shared ADA restrooms, fully fenced with over half of the yard area leased to existing Tenants and approx 25K SF avail. Building 2 is stand-alone storage, can be split. SF does not include Building C, covered storage area. Financials do not include income from ground Leases. Vacant units can be shown any time. Call listing Broker for info on vacant units.

Beds:
n/a
Baths:
Sq.Ft.:
4,573
Status:
Active
MLS#:
832198
Type:
Retail
Lot size:
0.12 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

The Historic Tiger Engine Co. No. 2 Fire House! Discover a unique owner-user opportunity or investment opportunity with tremendous rental upside. This gorgeous, remodeled historic 4,573 +/-sq. ft. building, constructed in the 1900s, features a perfectly suited street retail or office space on the ground floor and two separate vacation rental units located on the 2nd floor (1 bed/1 bath & 2 bed/1 bath). See sale brochure Property tours are subject to accept offer

Beds:
n/a
Baths:
Sq.Ft.:
13,125
Status:
Active
MLS#:
832115
Type:
Industrial
Lot size:
1.21 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Well-maintained 13,125 SF of cold storage warehouse spaceavailable for sale!Two grade-level loading docks (10' and 14' doors) + mobiledock ramp included.Approximately 12,500 SF of refrigerated warehouseApproximately 3,240 SF of covered storage/loading areaApproximately 625 SF of office space, bathrooms, and acompressor room10 ceiling-mounted evaporators that were replaced in 2020Cooling temp to a low of approximately 25 degrees21.5 Ft Clear Height3 phase power / 240V, 400 AMPS

Beds:
n/a
Baths:
Sq.Ft.:
7,168
Status:
Active
MLS#:
831630
Type:
Industrial
Lot size:
0.23 Acres
Courtesy: SMI REAL ESTATE 503-390-6060
View additional info

ADDITIONAL INFORMATION

Accepted Offer with Contingencies. Warehouse+Office+Showroom building FOR SALE. This 7,168 SF freestanding building features 2 huge open warehouse rooms w/ 3 13ft roll up doors, soaring ceiling heights & skylights that bring in tons of natural light. Small office w/ a 2nd office upstairs + a huge glass walled showroom & 2 restrooms. Equipped w/ 240v power, new LED lighting & new roof. Excellent visibility, tons of parking on this large .23 acre lot w/ 3 additional parcels for sale to be NEG - lots not to be sold separately. Zoning is IC.

Beds:
n/a
Baths:
Sq.Ft.:
38,348
Status:
Active
MLS#:
831750
Type:
Office
Lot size:
1.94 Acres
Courtesy: SVN COMMERCIAL ADVISORS, LLC 503-588-0400
View additional info

ADDITIONAL INFORMATION

The subject property is a two-story, Class A, suburban office occupied by the regional hospital group since its construction and houses the Salem Health Laboratory now. The property is in excellent condition and features robust parking and a package truck loading dock. With seven years left on this triple net lease, this asset is big enough to be attractive to regional or national healthcare funds. The last single-tenant, net-leased investment sales in the valley were: The Doctors Clinic on Skyline Rd and the Hope Orthopedic facility on State Street, both in the mid-6% capitalization rate range.

Beds:
n/a
Baths:
Sq.Ft.:
1,200
Status:
Active
MLS#:
544090496
Type:
Industrial
Lot size:
12.25 Acres
Year built:
2000
A broker reciprocity listing Courtesy: Silverado Properties LLC 503-991-1242
View additional info

ADDITIONAL INFORMATION

Tremendous Opportunity with this Amazing I-5 Freeway Exposure Property. Property is EFU zoned and has on site Fire Suppression System that supply's Fire Protection to a adjoining commercial buildings. Current Monthly Income From Adjoining Already Approved Vendors. Great Investment in the Future of the Growth of Willamette Valley's and Oregon's Primary Highway System from North to South. Property Lies just South of a Major Nationwide Chain of Truck Stops and Commerce Centers. with Tremendous Future Growth.

Beds:
n/a
Baths:
Sq.Ft.:
3,572
Status:
Active
MLS#:
831231
Type:
Other
Lot size:
0.08 Acres
Courtesy: JMG JASON MITCHELL GROUP-ALBANY 541-791-7946
View additional info

ADDITIONAL INFORMATION

3,572 Sq Ft. Aircraft hangar built in 1991 with two bi-fold doors located at front and back for easy access both doors have an opening height of about 15 feet. Great location at Salem Airport with paved access to runways. Sale subject to land lease with the City of Salem. Buyer to do own due diligence.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
248475504
Type:
Business Opportunities
A broker reciprocity listing Courtesy: Keller Williams Realty 541-608-0447
View additional info

ADDITIONAL INFORMATION

Business opportunity only, no real property included.

Beds:
n/a
Baths:
Sq.Ft.:
7,574
Status:
Active
MLS#:
832012
Type:
Office
Lot size:
0.44 Acres
Courtesy: MOSAR COMMERCIAL PROPERTIES 971-273-7670
View additional info

ADDITIONAL INFORMATION

Multi-tenant office/retail building positioned along 12th Street SE--a high-visibility corridor with heavy traffic flow. Great opportunity for an owner user or investor. Contact the listing broker for additional information

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Andrea D. Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Listing data is copyright© 2025 Willamette Valley MLS.
Andrea D. Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2025, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.



Salem Real Estate

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.

Salem Weather

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.

Salem Map

Salem Real Estate Market Conditions

  • Median sales price

    $438,995
    14.2%
    change since last quarter
  • # Active listings

    983
    30-day change

Salem Schools and Demographics

Education near Salem, OR

City County
High School Graduates 88.4 85.67
College Degree - 2 year 9.42 9.5
College Degree - 4 year 30.04 24.51
Graduate Degree 8.43 6.3
Expenditures per Student 17,073 17,073
Students per Teacher 18.4 18.4

Elementary Schools near Salem, OR

Grades Students P/T Ratio ZIP
Auburn Elementary School KG - 05 646 20.7 97301
Battle Creek Elementary School KG - 05 527 23.4 97306
Brush College Elementary School KG - 05 201 18 97304
Bush Elementary School KG - 05 309 19.4 97301
Candalaria Elementary School KG - 05 352 23.2 97302
Cesar E Chavez Elementary KG - 05 580 24.5 97305
Chapman Hill Elementary School KG - 05 360 19.7 97304
Eagle Charter School KG - 05 144 24 97301
Englewood Elementary School KG - 05 380 24.7 97301
EYRE Elementary School KG - 05 598 22.2 97301
Four Corners Elementary School KG - 05 521 20.3 97317
Grant Community School KG - 05 445 18.5 97301
Hallman Elementary School KG - 05 459 21.9 97303
Hammond Elementary School KG - 05 516 23.4 97305
Harritt Elementary School KG - 05 496 23.5 97304
Hayesville Elementary School KG - 05 450 20.7 97304
Highland Elementary School KG - 05 400 19.6 97303
Hoover Elementary School KG - 05 506 18.9 97301
Kalapuya Elementary School KG - 05 614 22.8 97304
Lamb Elementary School KG - 05 472 20.6 97305
Lee Elementary School KG - 05 318 21.2 97306
Liberty Elementary School KG - 05 378 22.3 97306
McKinley Elementary School KG - 05 334 22.3 97302
Miller Elementary School KG - 05 425 23.7 97317
Morningside Elementary School KG - 05 386 23.1 97302
Myers Elementary School KG - 05 478 22.8 97304
Pratum Elementary School KG - 08 78 22 97305
Pringle Elementary School KG - 05 525 24.6 97306
Richmond Elementary School KG - 05 397 17.9 97301
Salem Heights Elementary School KG - 05 288 23 97302
Schirle Elementary School KG - 05 445 23.2 97302
Scott Elementary School KG - 05 623 21.2 97305
Sumpter Elementary School KG - 05 500 23.9 97306
Swegle Elementary School KG - 05 549 22 97301
Valley Inquiry Charter School KG - 05 167 25.3 97305
Washington Elementary School KG - 05 442 21.7 97303
Wright Elementary School KG - 05 428 22.6 97302
Yoshikai Elementary School KG - 05 536 22.9 97305

Middle Schools near Salem, OR

Grades Students P/T Ratio ZIP
Crossler Middle School 06 - 08 692 25.2 97306
Houck Middle School 06 - 08 972 21 97301
Howard Street Charter School 06 - 08 161 31.2 97302
Jane Goodall Environmental Middle Charter School 06 - 08 97 22 97301
Judson Middle School 06 - 08 932 24.9 97302
Leslie Middle School 06 - 08 767 23.2 97302
Parrish Middle School 06 - 08 670 18.9 97301
Stephens Middle School 06 - 08 1,053 21.9 97305
Straub Middle School 06 - 08 585 21.3 97304
Waldo Middle School 06 - 08 926 19.6 97301
Walker Middle School 06 - 08 612 21.6 97304

High Schools near Salem, OR

Grades Students P/T Ratio ZIP
McKay High School 09 - 12 2,225 25.5 97305
North Salem High School 09 - 12 1,846 24.4 97301
Robert S Farrell High School 06 - 12 111 25.6 97310
South Salem High School 09 - 12 1,904 24.4 97302
Sprague High School 09 - 12 1,692 24.5 97302
West Salem High School 09 - 12 1,732 24.5 97304

Ungraded Schools near Salem, OR

Grades Students P/T Ratio ZIP
* Early College High School 09 - 12 208 12.6 97305
* Roberts High School 07 - 12 454 12.6 97301
Oregon School for the Deaf KG - 12 114 7.6 97303
Wake Robin School PK - 12 5 97304

Demographics near Salem, OR

City County
Neighborhood Type Suburban
Population 174,193 344,037
Population Density 3,581 291
Median Age 35.7 37
People per Household 2.6 2.8
Median Household Income 62,185 64,880
Average Income per Capita 31,610 30,591

Real estate near Salem