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    355 Hawthorne Ave SE Salem, OR 97301

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    For Sale
    Contact for pricing

    One-story office building on 15.90 AC available for sale.

    Property size:
    77,869 SF
    Lot size:
    15.90 Acres

    Property Features for 355 Hawthorne Ave SE

    General Information

    Size
    77,869 SF
    Lot size
    15.90 Acres

    Source: Colliers | Portland Agent Trevor Kafoury

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

    Overview

    77,869 SF Salem Office Building

    The property at 355 Hawthorne Avenue SE in Salem, Oregon, is a one-story office building encompassing 77,869 square feet. It is situated on a 15.90-acre parcel of land and is zoned IP (Industrial Park). The building is currently occupied by Wells Fargo, which is scheduled to vacate the premises in Q4 2025.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Call Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.996069
    Latitude
    44.926204

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    FAQs

    What type of property is this?
    Office building - One-story office building on 15.90 AC available for sale.
    Where is this office building located?
    The property is located at 355 Hawthorne Ave SE Salem, OR.
    What are key features of this property?
    This property features: - 77,869 SF one-story building on 15.90 AC of land.; - Flexible IP (Industrial Park) zoning.; - Opportunity to acquire 100% fee simple interest.
    (503) 223-3123
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    355 Hawthorne Ave SE Salem, OR 97301
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    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
    355 Hawthorne Ave SE Salem, OR 97301
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