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Custom Office Building in Salem
For Sale
$2,499,000

235 Union St NE, Salem, OR 97301

Stunning office building in the heart of Salem, Oregon.

Property SizeContact for details
Days on Market151

Property Features for 235 Union St NE

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1975
Listing Agency: COLDWELL BNKR/COMMERCIAL DIV
Listed By: Mendell Gosnell · License #841000042
Source: Centurion-res.idxbroker
Added: Apr 3 Changed: Aug 28 Last Checked: Aug 31 at 12:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BNKR/COMMERCIAL DIV

Investment Insights

Based on property information with market context.

This custom office building is located in the heart of Salem. It is suitable for commercial real estate purposes.

Key Highlights

  • Custom office building
  • Located in the heart of Salem
  • Premium

Property Analytics

Current Use

Elle Green-Kelly, Oregon ... Real Estate Agency Coldwell Banker Mountain ... Real Estate Agency Daniel Chin of Coldwell ... Real Estate Agency Jared Ford Real ... Real Estate Agency Laurie Davis & Terri ... Real Estate Agency

Suggested Use

Top Pick Electrical Service Auto Parts Store HVAC Service Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,991
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Stunning office building in the heart of Salem, Oregon.
Where is this office building located?
The property is located at 235 Union St NE Salem, OR.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Custom office building; Located in the heart of Salem; Premium
More about this property
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