1895 12th St SE, Salem, OR

Listing office Tradition Real Estate Partners Show Phone

Listing date Nov 25, 2025

Source Moodyscre

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Overview

This is a corner lot investment opportunity located on 12th and Hoyt Street in SE Salem. The property consists of two parcels totaling 0.28 acres and is zoned CR. The sale includes a 2,640 square foot building. A new roof replacement is included in the purchase price, along with a $15,000 buyer credit for additional repair work. The property has a new 10-year lease in place and operates at a 6% cap rate. The location benefits from high traffic and high visibility, with a long-standing tenant currently occupying the space.

Suggested Use

Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Coworking & Hybrid Office Pet Store Arcade & Gaming Center Cosmetic Store Grocery & Convenience Store

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

Similar Places Nearby

• Belle Fleur Floral Design — 546 Welcome Way SE, Salem, OR 97302

Location Insight

• Map
• Local Demand

City

Salem

County

Marion

State

Oregon

Longitude

-123.031

Latitude

44.9192

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FAQs

What type of property is this?

Storefront property - Two-parcel corner lot with a long-term tenant in place.

Where is this storefront property located?

The property is located at 1895 12th St SE Salem, OR.

What are key features of this property?

This property features: New 10‑Year Lease in Place; Secure a solid investment with a **6% Cap Rate**; **High Traffic, High Visibility Location**