Salem OR Real Estate & Commercial for Sale

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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.:
7,440
Status:
Active
MLS#:
842862
Type:
Office
Lot size:
64 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
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ADDITIONAL INFORMATION

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.

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
View additional info

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
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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.:
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.:
2,427
Status:
Active
MLS#:
842477
Type:
Retail
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Accepted Offer with Contingencies. This is for the building and property only. Restaurant/Bar is currently leased. Please do not disturb the Tenant. Located on a busy intersection of 24th and State Street. Tenant has over 3 years left on the lease with options. Call to discuss.

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

Accepted Offer with Contingencies. 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

Price Reduced! 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 accommodate 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

Accepted Offer with Contingencies. 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.:
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 upon request. This is a business sale only. NO REAL PROPERTY is included. Please do not disturb the business.

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

Accepted Offer with Contingencies. 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.:
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.:
3,572
Status:
Active
MLS#:
831231
Type:
Special
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.:
1,900
Status:
Active
MLS#:
829880
Type:
Retail
Lot size:
0.21 Acres
Courtesy: COLDWELL BNKR/COMMERCIAL DIV 503-588-3508
View additional info

ADDITIONAL INFORMATION

Accepted Offer with Contingencies. Car lot for sale, featuring an auto shop and office spaces. The property includes a two-bay shop and a two-story office building. The first floor consists of a reception area, a restroom, and two private offices. The second floor offers an open work area that can be utilized as additional cubicle offices or a reception area, two private offices and a restroom. Lease rate: $5000 monthly Sale Price: $850,000

Beds:
n/a
Baths:
Sq.Ft.:
10,260
Status:
Active
MLS#:
825699
Type:
Retail
Lot size:
0.24 Acres
Courtesy: KITHKIN REAL ESTATE 503-400-7730
View additional info

ADDITIONAL INFORMATION

Prime 12-Unit Redevelopment Opportunity in the Heart of SalemUnlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salemâ??s growing demand for urban housing, this concept maximizes the lotâ??s efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights:- Density & Scale: Optimized site layout for a 12-unit multi-family build.- Strategic Location: Blocks away from local transit, shopping, and major employment hubs.- Infrastructure Ready: Existing utility access simplifies the initial phases of site prep.Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce.Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Building is currently leased on a month-to-month basis.Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.

Beds:
n/a
Baths:
Sq.Ft.:
2,130
Status:
Active
MLS#:
822863
Type:
Office
Lot size:
0.52 Acres
Courtesy: TRADITION REAL ESTATE PARTNERS 503-877-4653
View additional info

ADDITIONAL INFORMATION

LOVELY HOME-TO-OFFICE CONVERSION, 7 CAR PARKING LOT, 1/2 ACRE SPRAWLING LOT! Convenient S Salem location between Pringle/12th. Perfect for a variety of small businesses. First flr featuring entry reception, kitchen, conference rm, private & flex space. Second flr private office & open flex space. Partial finished basement w/ office space & separate entry, storage & mechanical room. ADA entry, attached 1 car garage. Remodel in 2001, well cared for & maintained. New HVAC+A/C. Zoned CO. Possible 200k 6% carry

Beds:
n/a
Baths:
Sq.Ft.:
7,246
Status:
Active
MLS#:
807788
Type:
Industrial
Lot size:
3.09 Acres
Courtesy: EXP REALTY, LLC 888-814-9613
View additional info

ADDITIONAL INFORMATION

Level 1 and 2 environmental studies have been performed, with no results requiring any further level 3 action. Test results are available up on request to prospective investors providing confidence this property is ready for future development and easily tailored to their needs. It's convenient central location is mid way between Portland and Eugene off the MLK parkway, one of the few major arteries linking Interstate 5 and the Oregon coast. Refer to #807787 This highly visible side street site not only makes for safe truck access to major thru fares quick and easy, but parallels a railroad spur line to a switch yard offering expanded transportation options. One of the most attractive highlights this property boasts is it's acre's clear level ground with mix of both heavily packed gravel and asphalt pavement. This accommodates either heavy truck traffic or storage, or a sound base for further development. This vast space can be used to fill the local needs of semi truck, RV and boat, or individual storage unit needs. The existing structures can benefit either and or industrial or leased shop space, in conjunction with countless uses of it's open space. Adjacent to one of the paved portions of the property, a truck washing station provides an environmentally friendly oil and water separator. This level concrete station also provides a partitioned off center island once used for above ground fueling needs. The main shop provides a secure tool room, office space, and separate bathrooms. It's direct view from the main entrance makes it ideal for either retail repair or truck maintenance, and is currently equipped with an automotive lift. It's access to 3 phase power accommodates both heavy industrial needs or a prime location for a fabrication shop. The main office is separated by a brick court yard matching it's front entrance and parking area. The rear structure offers offers a high ceiling allow both truck and equipment access. Originally set up as two separate shops the main shop is equipped with a bathroom, office space, and upstairs storage and separate room. The secondary shop has been divided into a third shop space. An adjacent older mobile home has been used used as parts storage and fits the need perfectly. It should be noted all buildings are in usable shape, but should be considered in variable states of disrepair. Overall this property offers an excellent financial opportunity due to its strategic location, co

Beds:
n/a
Baths:
Sq.Ft.:
4,250
Status:
Active
MLS#:
23335903
Type:
Other
Lot size:
0.78 Acres
Year built:
1986
A broker reciprocity listing Courtesy: Real Broker 855-450-0442
View additional info

ADDITIONAL INFORMATION

Commercial IG-zoned property w/multiple income streams: industrial building, detached office & several residential units(duplex & house)Industrial space features forced-air heat, 3-phase power & air piping. Separate ffice includes mini-split & bath. Fully fenced w/rolling gate. Adjacent .21-acre paved lot w/transfer loading dock. Investor or owner-user opportunity. Seller may carry contract. Lease potential. Seller is also willing to sell adjacent parcel w/similar shop, office & home on .33acre-ask agent.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
803831
Type:
Industrial
Lot size:
0.78 Acres
Courtesy: REAL BROKER 855-450-0442
View additional info

ADDITIONAL INFORMATION

Commercial IG-zoned property w/multiple income streams: industrial building, detached office & several residential units(duplex & house)Industrial space features forced-air heat, 3-phase power & air piping. Separate ffice includes mini-split & bath. Fully fenced w/rolling gate. Adjacent .21-acre paved lot w/transfer loading dock. Investor or owner-user opportunity. Seller may carry contract. Lease potential. Seller is also willing to sell adjacent parcel w/similar shop, office & home on .33acre-ask agent.

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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© 2026 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 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.



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

    $437,500
    14.2%
    change since last quarter
  • # Active listings

    1,585
    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