Mixed-Use Property with Dual
For Sale
$725,000
3912 3912 Commercial St, Salem, OR 97302
Two parcels combine an occupied commercial area, an undeveloped rear section, and a single-family home.
Property Size582 SF
Price / SF$1,245
Days on Market9
Property Features for 3912 3912 Commercial St
General Information
Standard status
Active
Size
582 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$7,485
Amenities
3
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
(503) 983-4405
Listed By:
MARK SHADRIN · License #201215479
(503) 983-4405
Source:
Xome
Added: Aug 1
Changed: Aug 9
Last Checked: Aug 9 at 6:04AM
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 BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Investment Insights
Based on property information with market context.
This two-parcel mixed-use property encompasses 0.59 acres and includes several distinct components. The front section of one parcel is occupied by an existing tenant, while its rear area remains undeveloped. The adjoining parcel contains a single-family home. Approximately 0.45 acres carry Mixed Use III zoning, with the remaining approximately 0.15 acres zoned Residential Single Family.
The property has about 70 feet of frontage along Commercial Street plus another 65 feet on Oakhill Avenue. Surrounding businesses include Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III permits a range of uses identified in the zoning information, including multifamily apartments, short-term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, and governmental services. Showings require an appointment and should not interrupt the tenant, customers, or employees.
The property has about 70 feet of frontage along Commercial Street plus another 65 feet on Oakhill Avenue. Surrounding businesses include Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III permits a range of uses identified in the zoning information, including multifamily apartments, short-term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, and governmental services. Showings require an appointment and should not interrupt the tenant, customers, or employees.
Key Highlights
- 0.59‑acre, two‑parcel mixed‑use property
- Approximately 0.45 acres zoned Mixed Use III and approximately 0.15 acres zoned Residential Single Family
- Approximately 70 feet of frontage on Commercial Street
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 97302, OR
39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two parcels combine an occupied commercial area, an undeveloped rear section, and a single-family home.
Where is this mixed-use property located?
The property is located at 3912 3912 Commercial St Salem, OR.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 0.59‑acre, two‑parcel mixed‑use property; Approximately 0.45 acres zoned Mixed Use III and approximately 0.15 acres zoned Residential Single Family; Approximately 70 feet of frontage on Commercial Street
