Salem, OR Commercial Real Estate for Sale

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Keizer, OR Turner, OR Brooks, OR Aumsville, OR Jefferson, OR Gervais, OR Independence, OR Rickreall, OR
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Aviation Hangar Office Building
Updated: May 14
Aviation Hangar Office Building

2545 Aerial Way SE, Salem, OR 97302

$995,000
9,420 sqft
Freestanding 9,420 SF hangar‑office building with mezzanine at a corner location on Aerial Way and 25th Ave SE
Year built 2004; includes 6,000 SF first floor plus 3,420 SF mezzanine for total 9,420 SF
Building features radiant floor heating and power rated at 400A with 3‑phase service
Zoned PS and designed for multiple uses with hangar area, training/assembly area, and enclosed plus deck mezzanine
Interior amenities include kitchen area, 3 private offices, and 2 restrooms (men’s & women’s)
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2545 Aerial Way SE, Salem, OR 97302

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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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Two-Story Office Building with Separate Entrances
Two-Story Office Building with Separate Entrances

245 Oak St SE, Salem, OR 97301

$520,000
1,892 sqft 0.16 AC lot

Historic two-story office building on 0.16 acres with separate level entrances and flexible workspace layout.

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Airplane Hangar With Maintenance Space
Airplane Hangar With Maintenance Space

3684 Airway Dr SE, Salem, OR 97302

$249,900
2,304 sqft

Aviation facility with enclosed workspace for aircraft storage and maintenance at Salem Airport.

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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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EFU Farm With Shop Improvements
EFU Farm With Shop Improvements

2959 Zena Rd NW, Salem, OR 97304

$445,000
5,100 sqft 9.78 AC lot

EFU-zoned farm property with substantial shop and storage improvements.

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Retail Space with CR Zoning
Retail Space with CR Zoning

4055 Silverton Rd NE, Salem, OR 97305

$399,900
1,013 sqft 0.15 AC lot

Retail space with ductless heating and established building improvements in Salem.

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Prime Commercial Parcel in Salem
Prime Commercial Parcel in Salem

1845 Beach Ave NE, Salem, OR 97301

$289,900
0.46 AC lot

Versatile 0.46 acre commercial land with utilities and I-5 access.

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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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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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Build-Ready Agricultural Land
Build-Ready Agricultural Land

3154 Kwonesum Ct S, Salem, OR 97306

$599,000
5.37 AC lot

Septic-approved acreage on a cul-de-sac with forest and pasture, offering long-range valley views and privacy.

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Remodeled Office Building
Remodeled Office Building

630 630 Mary Av, Salem, OR 97302

$575,000
1,861 sqft

CO-zoned property with private offices, shared kitchenette, lower-level storage, and a one-car garage.

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Zoned AR5 Farmland Parcel
Zoned AR5 Farmland Parcel

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

$345,000
4.91 AC lot

Zoned AR5, this 4.91-acre parcel features mature trees and utilities available, offering a secluded natural setting.

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Fully Fenced Farmland Parcel
Fully Fenced Farmland Parcel

TA 341853 Michigan City Ln NW, Salem, OR 97304

$399,000
19.67 AC lot

Level, usable farmland with full fencing and easy access from a paved road in EFU zoning.

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Two-Story Office Building
Two-Story Office Building

245 245 Oak St SE, Salem, OR 97301

$520,000
1,892 sqft

Built in 1900, this two-story office building features separate level reception areas and multiple private workspaces.

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Flex Space with Truck Access
Flex Space with Truck Access

3650 Mainline Dr NE, Salem, OR 97301

$1,300,000
7,246 sqft 3.09 AC lot

Industrial property with paved and gravel yard areas, multiple shop structures, and three-phase power for heavy-duty operations.

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Industrial Land with Shop Improvements
Industrial Land with Shop Improvements

3650 Mainline Dr NE, Salem, OR 97301

$1,300,000
3.09 AC lot

IG-zoned industrial land with paved and compacted surfaces, shop buildings, and three-phase power.

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Full-Block Mixed-Use Property
Full-Block Mixed-Use Property

400 High St NE, Salem, OR 97301

$8,899,999
170,000 sqft 2.65 AC lot

Vacant former department store with flexible CB zoning, structured parking, loading infrastructure, and a private mall connection.

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Industrial Building with Fenced Yard
Industrial Building with Fenced Yard

4195 Silverton Rd NE, Salem, OR 97305

$605,000
3,812 sqft 0.67 AC lot

Adjacent fenced yard supports outdoor storage, equipment, and operational use.

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Single-Level Downtown Office Building
Single-Level Downtown Office Building

435 COMMERCIAL St Unit 435, Salem, OR 97301

$3,199,999
21,851 sqft

Single-level office building with prominent Commercial Street frontage and ADA amenities, suited for owner-occupied or investment use.

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One-Level Office Building with Road Frontage
One-Level Office Building with Road Frontage

435 435 Commercial St NE, Salem, OR 97301

$3,199,999
21,851 sqft

One-level office building with ADA amenities and about 330 feet of frontage, offering high-visibility signage.

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Mixed-Use Industrial with Storefronts
Mixed-Use Industrial with Storefronts

1012 Commercial St NE, Salem, OR 97301

$1,100,000
14,279 sqft

Mixed-use industrial building with two storefront/showroom spaces, warehouse loading doors, and built-out second-floor offices.

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Elevator-Served Multi-Tenant Office Building
Elevator-Served Multi-Tenant Office Building

2405 FRONT ST NE, Salem, OR 97301

$2,950,000
23,079 sqft 4.00 AC lot

Fully occupied professional office property with riverfront setting, multiple tenants, and additional land for future planning.

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Mixed-Use Commercial Land
Mixed-Use Commercial Land

3912 Commercial ST, Salem, OR 97302

$485,000
325 sqft

Mixed Use III zoning supports multifamily, lodging, restaurant, office, and other listed commercial uses.

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Salem, OR Commercial Real Estate Market Trends and Statistics

Explore 166 commercial real estate for sale in Salem, OR, showcased through 166 active listings on our real estate platform. These investment opportunities span a total of 3,908,143 square feet of properties for sale, with an estimated market value of $134,317,289.

Sale prices for business properties in Salem, OR start at $85,000, averaging $2,098,707, and reaching up to $9,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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
97310 $319.9K
97306 $586.2K
97305 $793.9K
97302 $1.8M
97301 $2.2M

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

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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