Mixed-Use Commercial
For Sale
$485,000
3912 Commercial ST, Salem, OR 97302
Mixed Use III zoning supports multifamily, lodging, restaurant, office, and other listed commercial uses.
Property Size325 SF
Price / SF$1,492
Days on Market13
Property Features for 3912 Commercial ST
General Information
Standard status
Active
Size
325 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$6,160
Amenities
3
City
Irregular, SqFt15000to19999
Paved Road.
Building Details
Year Built
2006
Listing Agency:
Berkshire Hathaway HomeServices Real Estate Professionals
(503) 983-4405
Listed By:
Mark Shadrin · License #201215479
(503) 983-4405
Source:
Xome
Added: Aug 8
Changed: Aug 18
Last Checked: Aug 20 at 5:05AM
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 Real Estate Professionals
Investment Insights
Based on property information with market context.
This two-parcel commercial land package includes an existing land lease with a tenant and an undeveloped rear portion. The property is zoned Mixed Use III, which permits a range of uses identified in the source information, including multifamily apartments, short-term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, and governmental services.
The site has approximately 70 feet of frontage along Commercial Street in Salem, Oregon, with paved road access. Surrounding businesses include Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Viewings require an appointment and should not disturb the tenant, customers, or employees.
The site has approximately 70 feet of frontage along Commercial Street in Salem, Oregon, with paved road access. Surrounding businesses include Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Viewings require an appointment and should not disturb the tenant, customers, or employees.
Key Highlights
- Two‑parcel commercial land package with an existing tenant land lease
- Mixed Use III zoning
- Approximately 70 feet of frontage on Commercial Street
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Mixed Use III zoning supports multifamily, lodging, restaurant, office, and other listed commercial uses.
Where is this commercial land located?
The property is located at 3912 Commercial ST Salem, OR.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑parcel commercial land package with an existing tenant land lease; Mixed Use III zoning; Approximately 70 feet of frontage on Commercial Street
