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    2735 12Th St SE Salem, OR 97302

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    For Sale
    $750,000

    Office space suitable for single or multi-tenant use.

    Property size:
    7,574 SF
    Lot size:
    0.48 Acres

    Property Features for 2735 12Th St SE

    General Information

    Size
    7,574 SF
    Lot size
    0.48 Acres

    Source: Mosar Commercial Properties Agent Mike Mosar

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

    Overview

    Office Space on 12th Street

    This 7574-square-foot property is currently configured as a 3-office suite. The space could be reconfigured for a single tenant on the upper floor, which may be suitable for Small Business Administration financing. Alternatively, it can remain a multi-tenant layout for an investor. The property benefits from exposure on a two-way stretch of 12th Street, with proximity to Fred Meyer, other retailers, downtown, medical facilities, and professional offices. The property is suitable for office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lefor & Rapp LLC Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0312088
    Latitude
    44.9142991

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    FAQs

    What type of property is this?
    Office space - Office space suitable for single or multi-tenant use.
    Where is this office space located?
    The property is located at 2735 12Th St SE Salem, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Great exposure on 2-way stretch of 12th street; - Close to Fred Meyer and other retailers; - Potential for SBA financing
    (971) 273-7670
    Request Owner's contact information
    2735 12Th St SE Salem, OR 97302
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    Salem, OR 97302
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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
    2735 12Th St SE Salem, OR 97302
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