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    Salem, OR

    Salem, OR Commercial Real Estate for Sale

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    Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
    192 properties
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    Freestanding Office Building
    Updated: Aug 20
    Freestanding Office Building

    875 Idylwood Dr SE, Salem, OR 97302

    $849,000
    3,676 sqft 0.38 AC lot
    3,676 SF office building on three levels
    Up to 1,500 SF on the first floor for an owner‑user
    Four offices or conference room, reception, break room, and restroom
    Second‑floor tenant occupancy with private offices on the third floor
    16 on‑site parking spaces and existing business signage
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    Historic Two-Story Office Building
    Updated: Jul 22
    Historic Two-Story Office Building

    245 Oak St SE, Salem, OR 97301

    $520,000
    1,892 sqft 0.16 AC lot
    1,892‑square‑foot office building constructed in 1900
    Two‑level configuration with separate entrances for each floor
    Main level includes reception area and four private offices
    Lower level features reception area and four partitioned workspaces
    Currently occupied by a single tenant
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    Brick Office Building
    Brick Office Building

    3655 LIBERTY Rd, Salem, OR 97302

    $750,000
    2,000 sqft 0.50 AC lot

    Conference rooms, private offices, and two bathrooms support a range of office layouts.

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    See hot listings in Salem

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Flex Industrial Property with Two Buildings
    Flex Industrial Property with Two Buildings

    3125 - 3157 Portland Road NE, Salem, OR 97301

    $1,100,000
    6,212 sqft

    For sale as-is with two buildings totaling 6,212 SF and flexible zoning supporting multiple commercial uses.

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    Cannabis Retail Property with Open Layout
    Cannabis Retail Property with Open Layout

    1890 Capitol St NE, Salem, OR 97301

    $587,500
    1,440 sqft 0.15 AC lot

    Commercial building with flexible retail space, offices, security features, and seven onsite parking spaces.

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    Mixed-Use Property with Undeveloped Land
    Mixed-Use Property with Undeveloped Land

    3912 Commercial St SE, Salem, OR 97302

    $485,000
    325 sqft 0.44 AC lot

    MU-3 zoning supports an existing land lease and a rear area that remains undeveloped.

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    Flexible Office Unit with Private Office
    Flexible Office Unit with Private Office

    245 SE Salem Heights Av, Salem, OR 97302

    $359,900
    1,589 sqft 0.14 AC lot

    A fenced outdoor area, dedicated storage, restroom, and on-site parking support a range of permitted commercial uses.

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    Turn-Key Veterinary Clinic Building
    Turn-Key Veterinary Clinic Building

    5498 Commercial St SE, Salem, OR 97306

    $575,000
    2,940 sqft 0.20 AC lot

    Freestanding commercial building delivered vacant with an interior buildout designed for veterinary clinic operations.

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    Salem Airport Airplane Hangar
    Salem Airport Airplane Hangar

    3684 Airway Dr SE, Salem, OR 97302

    $249,900
    2,304 sqft

    Spacious aviation facility suited for aircraft storage, tools, and maintenance activities.

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    Subway Restaurant with Walk-In Freezer
    Subway Restaurant with Walk-In Freezer

    3912 Center St, Salem, OR 97301

    $110,000
    1,300 sqft

    Established franchise restaurant with dedicated parking and built-in cold storage for ongoing food-service operations.

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    Upgraded Office Building
    Upgraded Office Building

    1599 State, Salem, OR 97301

    $789,000
    3,200 sqft

    Seven private offices, client reception, lunchroom, ADA access, and recent building-system improvements support a functional professional setting.

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    Aircraft Hangar at Salem Airport
    Aircraft Hangar at Salem Airport

    3684 AIRWAY Dr SE, Salem, OR 97302

    $249,900
    2,304 sqft

    Metal-roof aviation facility with room for aircraft storage and maintenance activities under a ground lease.

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    CR-Zoned Storefront Property
    CR-Zoned Storefront Property

    4055 Silverton Rd NE, Salem, OR 97305

    $399,900
    1,013 sqft 0.15 AC lot

    A 1950-built commercial building with ductless heating and shingle roofing.

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    Freestanding Retail Building
    Freestanding Retail Building

    1695 Market St NE, Salem, OR 97301

    $945,000
    4,554 sqft

    Signalized corner property with showroom, office, open-room, and kitchen areas inside a fully fenced commercial site.

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    Commercial Land with Development Plans
    Commercial Land with Development Plans

    1845 Beach Ave NE, Salem, OR 97301

    $289,900
    0.46 AC lot

    Level commercial parcel with stubbed utilities and Commercial General zoning.

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    Agricultural Land Near Rail
    Agricultural Land Near Rail

    River Rd N lot: 1, Salem, OR 97303

    $889,000
    9.88 AC lot

    EFU-zoned acreage with River Road access and adjacency to the Southern Pacific Railroad.

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    Office Building with Conference Rooms
    Office Building with Conference Rooms

    3655 Liberty Rd, Salem, OR 97302

    $750,000
    2,000 sqft

    The interior includes private offices, conference rooms, and two bathrooms.

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    EFU Farmland with Shop Improvements
    EFU Farmland with Shop Improvements

    2959 Zena Rd NW, Salem, OR 97304

    $445,000
    5,100 sqft 9.78 AC lot

    EFU-zoned acreage includes substantial shop and storage improvements.

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    Retail Shopping Center With Vacant Unit
    Retail Shopping Center With Vacant Unit

    1130 Royvonne AVE, Salem, OR 97302

    $1,725,000
    6,822 sqft

    MU-III zoning supports retail, office, and commercial service uses.

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    Tree-Studded Agricultural Land
    Tree-Studded Agricultural Land

    Grice Hill Ct NW lot: 6, Salem, OR 97304

    $345,000
    4.91 AC lot

    AR5-zoned acreage with mature trees, territorial views, and electricity and HiSpeed available.

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    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    388 Commercial St NE, Salem, OR 97301

    $2,900,000
    13,448 sqft

    Property supports retail, office, and medical uses at a signalized intersection.

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    Fenced EFU Farmland
    Fenced EFU Farmland

    TA 341853 Michigan City Ln NW, Salem, OR 97304

    $390,000
    19.67 AC lot

    Level, fenced acreage with paved-road access and an on-site well.

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    Freestanding Office Building
    Freestanding Office Building

    875 Idylwood Dr SE, Salem, OR 97302

    $849,000
    3,676 sqft

    Includes owner-user space, occupied second-floor offices, and private third-floor offices.

    View details
    Mixed-Use Property with Industrial Space
    Mixed-Use Property with Industrial Space

    3620 Mainline Dr NE, Salem, OR 97301

    $1,730,000
    4,250 sqft 0.78 AC lot

    Includes an industrial building, detached office, duplex, and house within a fully fenced commercial setting.

    View details

    Salem, OR Commercial Real Estate Market Trends and Statistics

    Explore 192 commercial real estate for sale in Salem, OR, showcased through 192 active listings on our real estate platform. These investment opportunities span a total of 3,360,524 square feet of properties for sale, with an estimated market value of $241,315,498.

    Sale prices for business properties in Salem, OR start at $32,220, averaging $2,320,341, and reaching up to $15,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Salem, OR CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 279K
    Population Growth (5Y) +5.0%
    Median Household Income $76,436
    College Educated 19.3%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97305 $281.4K
    97306 $525.7K
    97303 $889K
    97302 $895K
    97301 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $20.84 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Salem, OR

    • 97301
    • 97302
    • 97305
    • 97317
    • 97304
    • 97306
    • 97303

    Featured Salem Real Estate Agencies

    Realmo connects you with licensed Salem CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Prudential Real Estate Professionals
    1220 20th Street SE Salem, OR 97302
    Phone: 15033713013
    www.PrudentialHomeFinder.com
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