Mixed-Use Land with
New
For Sale
$485,000
3912 Commercial St SE, Salem, OR 97302
Two-parcel commercial land offering an existing land lease, undeveloped rear area, and Mixed Use III zoning.
Property Size325 SF
Price / SF$1,492
Days on Market5
Property Features for 3912 Commercial St SE
General Information
Standard status
Active
Size
325 SF
Building Details
Year Built
2006
Listing Agency:
Berkshire Hathaway HomeServices Real Estate Professionals
Listed By:
Mark Shadrin · License #201215479
(503) 371-3013
Source:
Christiesrealestateevg
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 24 at 12:31PM
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 mixed-use property includes an existing land lease and an undeveloped rear portion. The site is zoned Mixed Use III, with potential permitted uses identified in the source data including multifamily apartments, short-term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, and governmental services. Buyer due diligence is required regarding zoning, permitted uses, and development potential.
The property has approximately 70 feet of frontage on Commercial Street and is situated among established local and national businesses, including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonald's. Viewings require an appointment, and the tenant, customers, and employees are not to be disturbed.
The property has approximately 70 feet of frontage on Commercial Street and is situated among established local and national businesses, including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonald's. Viewings require an appointment, and the tenant, customers, and employees are not to be disturbed.
Key Highlights
- Two‑parcel property totaling approximately 0.44 acre
- Approximately 0.45 acres zoned Mixed Use III
- Approximately 70 feet of frontage on Commercial Street
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-parcel commercial land offering an existing land lease, undeveloped rear area, and Mixed Use III zoning.
Where is this mixed-use property located?
The property is located at 3912 Commercial St SE 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 property totaling approximately 0.44 acre; Approximately 0.45 acres zoned Mixed Use III; Approximately 70 feet of frontage on Commercial Street
