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    1320 Chemeketa St NE Salem, OR 97301

    For Sale
    $790,000

    Office/medical building near Willamette University and Oregon State Capitol.

    Property size:
    3,281 SF

    Property Features for 1320 Chemeketa St NE

    General Information

    Size
    3,281 SF

    Building Details

    Year built
    1923

    Source: Curt Arthur, SIOR Agent Curt Arthur, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming 1928 Office/Medical Building

    This charming office/medical building, originally constructed in 1928, combines classic architecture with modern infrastructure. The 3,281 square foot property is located just three blocks from Willamette University and the Oregon State Capitol, on the eastern fringe of Salem's Central Business District, and close to Salem Hospital and the Capitol Mall. The building was previously a thriving dental practice and is suitable for medical, dental, or professional office use. It retains the plumbing and vacuum infrastructure necessary for dental applications. Potential uses include a law office, accounting firm, or state association. The property is zoned RS with a conditional use approved for office/medical. On-site parking is available, along with free 90-minute street parking. A garage provides storage space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gary W Boehne ... Dentist Meadowlark Dental Dentist Rachel Jablonski Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Orchard View Veterinary Center, PoultryVetLLC

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0244104
    Latitude
    44.9386154

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    FAQs

    What type of property is this?
    Medical office - Office/medical building near Willamette University and Oregon State Capitol.
    Where is this medical office located?
    The property is located at 1320 Chemeketa St NE Salem, OR.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: - Ideal for medical/dental or professional office use.; - Zoned RS with conditional use approved for office/medical.; - Close proximity to Willamette University, Oregon State Capitol, and Salem Hospital.
    (503) 559-7990
    Request Owner's contact information
    1320 Chemeketa St NE Salem, OR 97301
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    Realmo Value Estimation

    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.

    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.

    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
    1320 Chemeketa St NE Salem, OR 97301
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