Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    SE Commercial St SE Salem, OR 97302

    Sponsored
    For Sale
    $300,000

    COMMERCIAL - Salem, OR

    Days on Market:
    37
    Last Refresh:
    Feb 28 at 1:06 am

    Property Features for SE Commercial St SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    We can help!

    Listing Contact
    Joshua Kelleher

    Keller Williams Realty Southern Oregon (541) 608-0447

    Listing agent Joshua Kelleher (541) 601-7597

    Listing date Jan 23, 2026

    MLS# 220205167 Listing URL

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Salem Organics Marijuana Retailer Opportunity

    Salem Organics is a marijuana retailer located in Salem, Oregon. Situated in a high-traffic area, the store benefits from excellent visibility and easy access. The location is designed for convenient access for both new and returning customers. The business offers a selection of recreational marijuana and CBD tinctures, supported by knowledgeable service. This is a business opportunity only; no real property is included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0401596
    Latitude
    44.9405222

    Nearby Similar for Sale

    • $719,900
      2,754 SF

      Salem Office Building with Apartment

      Two-story office building with studio apartment in South Salem.
      1705 Commercial St SE, Salem, OR 97302
      View Details
    • $1,500,000
      7,246 SF

      Versatile Salem Property with Development Potential

      3.09 acres with shop, storage, and development opportunities.
      3650 Mainline Dr NE, Salem, OR 97301
      View Details
    • $300,000

      Established Marijuana Retail Business Opportunity

      Profitable marijuana retail business in Salem, Oregon. Business opportunity only.
      SE Commercial St, Salem, OR 97302
      View Details
    • $1,500,000
      3.09 Acres

      Salem Commercial Land For Sale

      3.09 acres of commercial land ready for development.
      3650 Mainline Dr NE, Salem, OR 97301
      View Details
    • New
      $560,000
      2,282 SF

      Salem 4-Plex Investor Opportunity

      Four 1-bedroom units with potential to assume low-interest mortgage.
      771 21St St SE, Salem, OR 97301
      View Details
    • $384,000
      1,558 SF

      Salem Duplex with Updated Units

      Income property featuring two updated 1-bedroom, 1-bathroom units.
      3027 NE D St, Salem, OR 97301
      View Details
    • $600,000
      3,744 SF

      Well-Maintained Salem 4-Plex

      Four 2-bedroom units, ideal for investors or owner-occupants.
      664 Thompson Ave NE, Salem, OR 97301
      View Details
    • $650,000
      4,192 SF

      Spacious Duplex on Large Lot

      Two well-maintained homes on 0.58 acres, ideal for multi-generational living.
      4455 Blueberry -4445 Ln NE, Salem, OR 97305
      View Details
    • $508,000
      2,474 SF

      Salem Duplex on Corner Lot

      Duplex on large corner lot with updated interior/exterior remodel.
      2808-2806 Livingston St NE, Salem, OR 97301
      View Details
    • $790,000
      3,281 SF

      Charming Converted Office/Medical Building

      1928 building near Oregon State Capitol and Willamette University.
      1320 Chemeketa St NE, Salem, OR 97301
      View Details
    • $400,000
      2,512 SF

      Salem Retail Property For Sale

      Retail property in Salem with high visibility and versatile zoning.
      1890 State St, Salem, OR 97301
      View Details
    • $790,000
      3,281 SF

      Charming 1928 Office/Medical Building

      Office/medical building near Willamette University and Oregon State Capitol.
      1320 Chemeketa St NE, Salem, OR 97301
      View Details

    FAQs

    What type of property is this?
    Retail space - Premier marijuana retailer in Salem, Oregon, business opportunity.
    Where is this retail space located?
    The property is located at SE Commercial St SE Salem, OR.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Premier marijuana retailer in Salem, OR.; - High-traffic location with excellent visibility.; - Easy ingress and egress for customers.
    (541) 608-0447
    Request Owner's contact information
    SE Commercial St SE Salem, OR 97302
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    SE Commercial St SE
    Salem, OR 97302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    SE Commercial St SE Salem, OR 97302
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joshua Kelleher
    Real Estate License ID: 201211173
    (541) 608-0447 (541) 390-5595 (541) 601-7597
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!