Mixed-Use Property with Undeveloped
For Sale
$485,000
3912 Commercial St SE, Salem, OR 97302
CommercialSale, Salem, OR
Property Size325 SF
Lot Size0.44 Acres
Price / SF$1,492
Days on Market14
Property Features for 3912 Commercial St SE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU-3
View
City
Directions
I5 Kuebler exit, W on Kuebler, N on Commercial
Subdivision
_173
Standard status
Active
APN
Not Found
Size
325 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Description
OAK HILL TRACTS FR LOT 7 BLK 2
Tax Annual Amount
6160
Legal Description
OAK HILL TRACTS FR LOT 7 BLK 2
Building Details
Year built
2006
Listing Agency:
Berkshire Hathaway HomeServices Real Estate Professionals
(503) 371-3013
Listed By:
Mark Shadrin · License #201215479
(503) 983-4405
Added: Aug 13
Changed: Aug 25
Last Checked: Aug 26 at 1:06AM
MLS# 703715454
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-parcel mixed-use property includes a 325-square-foot existing improvement, an active tenant land lease, and an undeveloped rear portion. The property was built in 2006 and carries MU-3 zoning, which the source identifies as Mixed Use III. Potentially permitted categories include multifamily apartments, short-term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, and governmental services, subject to buyer due diligence.
The property has approximately 70 feet of frontage on Commercial Street in Salem, Oregon, providing direct street access. Surrounding businesses named in the source include Starbucks, Napa Auto Parts, Windjammer, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Viewings require an appointment, and the existing tenant, customers, and employees should not be disturbed.
The property has approximately 70 feet of frontage on Commercial Street in Salem, Oregon, providing direct street access. Surrounding businesses named in the source include Starbucks, Napa Auto Parts, Windjammer, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Viewings require an appointment, and the existing tenant, customers, and employees should not be disturbed.
Key Highlights
- Two‑parcel mixed‑use property with an undeveloped rear portion
- Existing tenant land lease in place
- MU‑3 zoning, identified as Mixed Use III
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
626
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?
Mixed-use property - MU-3 zoning supports an existing land lease and a rear area that remains undeveloped.
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 mixed‑use property with an undeveloped rear portion; Existing tenant land lease in place; MU‑3 zoning, identified as Mixed Use III
