Salem OR Real Estate & Commercial for Sale

46 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
41,472
Status:
NEW LISTING
MLS#:
234489425
Type:
Office
Lot size:
0.46 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Evans, Elder, Brown & Seubert 541-345-4860
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
5,100
Status:
NEW LISTING
MLS#:
842001
Type:
Other
Lot size:
9.78 Acres
Courtesy: HOMESMART REALTY GROUP 971-599-5865
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
41,472
Status:
Active
MLS#:
840891
Type:
Office
Lot size:
0.46 Acres
Courtesy: CENTURY 21 NORTH HOMES 503-652-2260
View additional info

ADDITIONAL INFORMATION

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, Attractive 8% CAP Rate and 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!

Beds:
n/a
Baths:
Sq.Ft.:
5,928
Status:
Active
MLS#:
839767
Type:
Retail
Lot size:
0.61 Acres
Courtesy: JOHN L. SCOTT-SALEM 503-585-0100
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
1,682
Status:
Active
MLS#:
840405
Type:
Office
Lot size:
0.17 Acres
Courtesy: FIRST COMMERCIAL REAL ESTATE 503-364-7400
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
9,430
Status:
Active
MLS#:
840948
Type:
Other
Lot size:
0.47 Acres
Courtesy: SPERRY - PIKES NORTHWEST 503-588-3586
View additional info

ADDITIONAL INFORMATION

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.)

Beds:
n/a
Baths:
Sq.Ft.:
1,013
Status:
Active
MLS#:
840054
Type:
Retail
Lot size:
0.15 Acres
Courtesy: JMG JASON MITCHELL GROUP-HILLSBORO 541-791-7946
View additional info

ADDITIONAL INFORMATION

Refer to WVMLS #840036

Beds:
n/a
Baths:
Sq.Ft.:
5,086
Status:
Active
MLS#:
839969
Type:
Office
Lot size:
0.4 Acres
Courtesy: SHARON WOODS REAL ESTATE 503-871-5971
View additional info

ADDITIONAL INFORMATION

Accepted Offer with Contingencies. Freestanding, highly visible office/retail building on Lancaster Drive NE. Heavy traffic flow on Lancaster. Good signage. Has 25 parking spots.Property is currently leased to H&R Block with a lease that is expiring soon.Owner will consider carrying a short term contract with a substantial down payment. Owner will consider carrying a short term contract with a satisfactory down payment.

Beds:
n/a
Baths:
Sq.Ft.:
45,067
Status:
Active
MLS#:
841365
Type:
Industrial
Lot size:
2.59 Acres
Courtesy: MOSAR COMMERCIAL PROPERTIES 971-273-7670
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
13,448
Status:
Active
MLS#:
841356
Type:
Retail
Lot size:
0.32 Acres
Courtesy: MOSAR COMMERCIAL PROPERTIES 971-273-7670
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
14,858
Status:
Active
MLS#:
839105
Type:
Office
Lot size:
0.43 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
2,048
Status:
Active
MLS#:
837921
Type:
Office
Lot size:
0.22 Acres
Courtesy: SHARON WOODS REAL ESTATE 503-871-5971
View additional info

ADDITIONAL INFORMATION

Charming vintage home converted to office. Could be used for office or retail. Has 3 offices on main level and 3 offices on 2nd floor with bathrooms on each floor. Basement has 1312 sq. ft. that could be used for additional office or for storage. 18 parking spaces could be used for additional income.

Beds:
n/a
Baths:
Sq.Ft.:
1,414
Status:
Active
MLS#:
438922591
Type:
Industrial
Lot size:
1.21 Acres
Year built:
1972
A broker reciprocity listing Courtesy: Legacy Real Estate 503-390-1375
View additional info

ADDITIONAL INFORMATION

Development opportunity in South Salem with IG zoning. 1.21 acres with a 3-bed, 2-bath, 1,414 SqFt residential home with office conversion opportunity. Attached 2-car garage plus separate shop provide flexible utility. Ideal for redevelopment, live/work use, or interim rental while planning future industrial or mixed use potential. Kuebler visibility with excellent I-5 access.

Beds:
n/a
Baths:
Sq.Ft.:
2,608
Status:
Active
MLS#:
347128056
Type:
Office
Lot size:
0.18 Acres
Year built:
1926
A broker reciprocity listing Courtesy: SMI Commercial Real Estate LLC 503-390-6060
View additional info

ADDITIONAL INFORMATION

Location, location, location! This commercial building has a great location for your business with large shared parking lot and free street parking. Comes with new roof, sewer line, paint (in & out) and new refinished floors plus much more. Definitely need to check this out! Also for lease

Beds:
n/a
Baths:
Sq.Ft.:
2,608
Status:
Active
MLS#:
837657
Type:
Office
Lot size:
0.18 Acres
Courtesy: SMI REAL ESTATE 503-390-6060
View additional info

ADDITIONAL INFORMATION

Location, location, location! This commercial building has a great location for your business with large shared parking lot and free street parking. Comes with new roof, sewer line, paint (in & out) and new refinished floors plus much more. Definitely need to check this out! Refer to MLS#837660.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
837378
Type:
Business Opportunities
Courtesy: JOHN L. SCOTT-SALEM 503-585-0100
View additional info

ADDITIONAL INFORMATION

Biryani House is a business-only opportunity in Salem, Oregon. Popular, casual eatery specializing in bao sandwiches, rice bowls and fried chicken (Korean style). Located in a high-visibility area with strong foot and vehicle traffic, surrounded by offices, retail shops, and other food concepts that drive steady lunch and dinner demand. Turnkey operation with established brand and local following.

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.:
1,307
Status:
Active
MLS#:
838672
Type:
Business Opportunities
Lot size:
0.21 Acres
Courtesy: MOSAR COMMERCIAL PROPERTIES 971-273-7670
View additional info

ADDITIONAL INFORMATION

NNN lease investment opportunity. CAP rate of 8.83%. 36 months remaining on a 5 year initial term. Tenant has (2) five year options to renew on this NNN lease. Landlord responsible for roof and structure. Contact listing broker for additional information. Accepted offer required to schedule a walk-through. Do not disturb tenant.

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.:
36,100
Status:
Active
MLS#:
839814
Type:
Office
Lot size:
1.55 Acres
Courtesy: MOSAR COMMERCIAL PROPERTIES 971-273-7670
View additional info

ADDITIONAL INFORMATION

Outstanding investment opportunity in the heart of downtown Salem. This well-maintained, three-story Class A office building (with basement) is ideally located near Salem Hospital and Willamette University. Recent upgrades include a new membrane roof and modern HVAC systems. With 130 on-site parking spaces and established tenants like Saalfeld-Griggs Law Firm, Bridgeway Community Health. and Willamette Valley Oral & Maxillofacial, the property offers stability and long-term value.

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.:
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.:
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.

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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


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 2026, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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© 2026 Willamette Valley MLS.



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

    $437,000
    14.2%
    change since last quarter
  • # Active listings

    1,239
    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