Retail Storefront
4055 Silverton Rd NE Salem, OR 97305
4055 Silverton Rd NE, Salem, OR, 97305
$399,900
For Sale
$399,900
COMMERCIAL - Salem, OR
Property Size1,013 SF
Lot Size0.15 Acres
Price / SF$394.77
Days on Market91
Property Features for 4055 Silverton Rd NE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- CR
- Standard status
- Active
- Size
- 1,013 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2796
Utilities
- Heating system
- Ductless (Heating)
Building Details
- Year built
- 1950
- Roof type
- Shingle
Listing Agency
JMG JASON MITCHELL GROUP-HILLSBORO
1915 NE STUCKI AVE Ste #400m, HILLSBORO, OR
Listed by
ERICK FLORES
(503) 516-6196
Added: Apr 21 Updated: Jun 3 at 8:49 pm Checked: Jul 20 at 4:06 pm
MLS# 840054
Copyright © 2026 Willamette Valley Multiple Listing Service. 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 for-sale retail storefront property is situated on a 0.15-acre lot and offers 1,013 square feet of commercial space. The asset is listed with CR zoning and is intended for retail-oriented occupancy based on the property’s classification.
The property address is 4055 Silverton Rd NE, Salem, OR 97305, in Marion County. For additional details, the listing notes to refer to WVMLS #840036.
With 1,013 square feet available, the space can be a practical fit for a tenant or buyer looking for a compact retail footprint in an area zoned CR. Prospective users should review the CR zoning requirements and the specific layout and condition during their due diligence to confirm alignment with their operating needs.
The property address is 4055 Silverton Rd NE, Salem, OR 97305, in Marion County. For additional details, the listing notes to refer to WVMLS #840036.
With 1,013 square feet available, the space can be a practical fit for a tenant or buyer looking for a compact retail footprint in an area zoned CR. Prospective users should review the CR zoning requirements and the specific layout and condition during their due diligence to confirm alignment with their operating needs.
Key Highlights
- Ductless heating
- Shingle roof
- Built in 1950
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.2k | $18.00 |
| − Vacancy | −$821 | −$0.81 |
| EGI | $17.4k | $17.19 |
| − OpEx | −$5.2k | −$5.16 |
| NOI | $12.2k | $12.03 |
1,013 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$174.1K
$152.4K – $203.2K
NOI $12,189 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.0K
$235.3K – $313.8K
NOI $18,827 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For-sale retail storefront on a small lot in Salem, Oregon, with CR zoning for commercial use.
Where is this retail space located?
The property is located at 4055 Silverton Rd NE Salem, OR.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Ductless heating; Shingle roof; Built in 1950
