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    Salem, OR
    Flex Space

    Salem, OR Flex Space for Sale

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    Keizer, OR Turner, OR Brooks, OR Aumsville, OR Jefferson, OR Independence, OR Silverton, OR Rickreall, OR
    14 properties
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    Mixed-Use Property with Industrial Space
    Updated: Apr 14, 2023
    Mixed-Use Property with Industrial Space

    3620 Mainline Dr NE, Salem, OR 97301

    $1,730,000
    4,250 sqft 0.78 AC lot
    4,250‑square‑foot mixed‑use property on 0.78 acres
    Industrial building with 3‑phase power, forced‑air heat, and air piping
    Detached office with mini‑split system and bathroom
    Residential improvements include a duplex and separate house
    Fully fenced site with rolling gate
    View details
    Flex Space with Industrial Yard
    Updated: Jul 27, 2023
    Flex Space with Industrial Yard

    3650 Mainline Dr NE, Salem, OR 97301

    $1,300,000
    7,246 sqft 3.09 AC lot
    3.09‑acre site with asphalt pavement and heavily compacted gravel areas
    7,246 SF flex property with multiple shop, office, bathroom, and storage areas
    IG zoning with three‑phase power
    Truck wash station with oil‑and‑water separator
    Rear structure provides high‑ceiling truck and equipment access
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    Industrial Flex Property With Shops
    Industrial Flex Property With Shops

    3650 Mainline Dr NE, Salem, OR 97301

    $1,300,000
    3.09 AC lot

    Level commercial site with shop buildings, paved and gravel work areas, truck access, and three-phase power.

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    See what stands out in Marion County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    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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    Multi-Tenant Industrial Property
    Multi-Tenant Industrial Property

    572-576 Patterson Street NW, Salem, OR 97304

    $8,900,000
    65,423 sqft 4.00 AC lot

    Two single-story buildings offer flexible industrial configurations with office space, loading access, and multiple occupancy options.

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    Aviation Hangar Office Building
    Aviation Hangar Office Building

    2545 Aerial Way SE, Salem, OR 97302

    $995,000
    9,420 sqft

    Freestanding hangar-office with mezzanine and private offices, plus training/assembly space and private parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fenced Flex Space Property
    Fenced Flex Space Property

    3620 Mainline Dr NE, Salem, OR 97301

    $1,730,000
    4,250 sqft

    IG-zoned flex property combines industrial space, a detached office, residential units, and secured outdoor areas.

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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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    Flex Retail/Warehouse Building
    Flex Retail/Warehouse Building

    390 Lancaster Dr NE, Salem, OR 97301

    Contact for pricing
    6,545 sqft 0.31 AC lot

    Vacant 6,545 SF flex building with retail, warehouse, and second-floor mezzanine/office space and 9 parking stalls.

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    Automotive Shop With Office Building
    Automotive Shop With Office Building

    4045 4045 State St, Salem, OR 97301

    $675,000
    1,900 sqft

    The layout combines service bays with reception, private offices, restrooms, and an upper-level open work area.

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    Flex Building With Parking
    Flex Building With Parking

    2160 Davcor Street, Salem, OR 97302

    $1,420,000
    9,000 sqft

    Flex building with parking and current vacancy offering space to accommodate owner-user or additional tenants.

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    Industrial Flex and Warehouse Facility
    Industrial Flex and Warehouse Facility

    1935 Vista Avenue Southeast, Salem, OR 97302

    $7,950,000

    For sale industrial flex property suited for light manufacturing, distribution, and warehouse storage.

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    Versatile Commercial Property with Development Potential
    Versatile Commercial Property with Development Potential

    3650 Mainline Dr Ne, Salem, OR 97301

    $1,300,000
    7,246 sqft 1.00 AC lot

    Acre of level ground with existing structures and development potential.

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    Two-Building Flex Space with Warehouse
    Two-Building Flex Space with Warehouse

    3545 Portland Rd NE, Salem, OR 97301

    Contact for pricing
    39,935 sqft 3.25 AC lot

    Two-building flex property includes retail/office, warehouse, and covered lean-to storage with surplus land for added improvements.

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 14 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Industrial Building
    Flex Industrial Building

    890 N MAIN St, Independence, OR 97351

    $674,900
    5,944 sqft 0.76 AC lot

    Flexible industrial space with shop, office, mezzanine, and a fenced yard.

    View details
    Industrial Building with Fenced Yard
    Industrial Building with Fenced Yard

    890 N Main St, Independence, OR 97351

    $674,900
    5,944 sqft 0.76 AC lot

    Industrial building with open shop, mezzanine storage, two roll-up doors, and fenced yard space.

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    Keizer Warehouse and Shop Space
    Keizer Warehouse and Shop Space

    6494 Windsor Island Rd N, Keizer, OR

    Contact for pricing
    21,000 sqft 3.80 AC lot

    Multiple buildings with warehouse, shop, office, and cold storage.

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    Multi-Tenant Flex Space Portfolio
    Multi-Tenant Flex Space Portfolio

    3603-3647 Candlewood Court, Keizer, OR 97303

    Contact for pricing

    Three freestanding buildings and gated lots span five IG-zoned tax parcels in a multi-tenant commercial configuration.

    View details

    Off-Market Properties in Salem, OR

    Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3526 Brooks Ave
    Distribution properties

    3526 Brooks Ave, Salem, OR 97301

    Value Estimation by Request
    4,460 sqft
    View details
    1835 22Nd St
    Life science properties

    1835 22Nd St, Salem, OR 97302

    Value Estimation by Request
    84,000 sqft 11.00 AC lot
    View details
    3630 Boone Rd
    Life science properties

    3630 Boone Rd, Salem, OR 97317

    Value Estimation by Request
    22,626 sqft
    View details
    3901 Timbet Dr
    Flex space

    3901 Timbet Dr, Salem, OR 97317

    Value Estimation by Request
    View details
    3620 Mainline Dr
    Flex space

    3620 Mainline Dr, Salem, OR 97301

    Value Estimation by Request
    4,000 sqft
    View details

    Salem, OR Flex Space Market Trends and Statistics

    Explore 19 flex space for sale in Salem, OR, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 175,706 square feet of properties for sale, with an estimated market value of $29,500,000.

    Sale prices for business spaces in Salem, OR start at $675,000, averaging $2,458,333, and reaching up to $8,900,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 39
    Manufacturing properties 12
    Distribution centers 4
    Breweries 1
    Truck terminals 1

    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
    97304 $445K
    97301 $1.3M
    97302 $3.1M

    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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    Most Searched ZIP Codes in Salem, OR

    • 97301
    • 97302
    • 97304

    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
    Blum Real Estate
    735 Commercial St SE Salem, OR 97301
    Phone: 15034851900
    www.blumre.com

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