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Downtown Single-Level Office Building
For Sale
$3,199,999

250-435 Commercial St Ne, Salem, OR 97301

One-level office property combines classic architecture with modern ADA amenities.

Property SizeContact for details
Days on Market96

Property Features for 250-435 Commercial St Ne

General Information

Standard status Active

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $70,690

Building Details

Buildings 1
Stories 1
Listing Agency: SMI REAL ESTATE
Listed By: ELESA DOLL · License #200708163
Source: Exprealty
Added: Jul 2 Changed: Oct 5 Last Checked: Oct 4 at 5:59PM

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 SMI REAL ESTATE

Investment Insights

Based on property information with market context.

This one-level office building at 250-435 Commercial St NE features classic architectural character alongside modern ADA amenities. The property includes space associated with the Oregon State Marine Board and has additional areas available for business use.

Positioned on Commercial Street in central downtown Salem, the property sits between two bridges and serves as a gateway between Keizer and downtown. The site provides 330 feet of Commercial Street frontage, with signage and visibility identified among its physical features.

Key Highlights

  • One‑level office building with modern ADA amenities
  • Classic architectural design
  • 330' of frontage on Commercial Street

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Catering Service Plumbing Service Butcher

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,569
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 - One-level office property combines classic architecture with modern ADA amenities.
Where is this office building located?
The property is located at 250-435 Commercial St Ne Salem, OR.
What is the asking price?
The asking price for this property is $3,199,999.
What are key features of this property?
This property features: One‑level office building with modern ADA amenities; Classic architectural design; 330' of frontage on Commercial Street
More about this property
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