Single-Level Downtown Office
For Sale
$3,199,999
435 COMMERCIAL St, Salem, OR 97301
Single-level office building with prominent Commercial Street frontage and ADA amenities, suited for owner-occupied or investment use.
Property Size21,851 SF
Price / SF$146.45
Days on Market81
Property Features for 435 COMMERCIAL St
General Information
Standard status
Active
Size
21,851 SF
Property subtype
General Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$70,690
Amenities
A/C - Other
3
CBD
On Site.
City
Office/Library. Paved Road.
Building Details
Year Built
1948
Stories
1
Listing Agency:
SMI Commercial Real Estate LLC
(503) 884-1273
Listed By:
Elesa Doll · License #200708163
(503) 884-1273
Source:
Xome
Added: Jun 1
Changed: Aug 8
Last Checked: Aug 19 at 6:22AM
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 SMI Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This classic, one-level office building offers modern ADA amenities and multiple office spaces, with room for a business to occupy while retaining additional space for other uses. The property includes 330 feet of frontage on Commercial Street, providing a clear and direct presence from the street.
The building is located in central downtown Salem, positioned between two bridges and described as the gateway route from Keizer into downtown. The offering also emphasizes high traffic counts, along with signage and visibility.
With its centrally positioned, single-level layout and strong street-facing frontage, the property can work well for tenants seeking convenient downtown access and accessible workplace improvements. The configuration also supports an owner-occupied strategy, with the option to use remaining spaces as income-producing office space if desired, based on how the owner chooses to allocate the available areas.
The building is located in central downtown Salem, positioned between two bridges and described as the gateway route from Keizer into downtown. The offering also emphasizes high traffic counts, along with signage and visibility.
With its centrally positioned, single-level layout and strong street-facing frontage, the property can work well for tenants seeking convenient downtown access and accessible workplace improvements. The configuration also supports an owner-occupied strategy, with the option to use remaining spaces as income-producing office space if desired, based on how the owner chooses to allocate the available areas.
Key Highlights
- Single‑level office building with prominent Commercial Street frontage in downtown Salem
- 330' of frontage on Commercial Street, the gateway from Keizer into downtown Salem
- ADA amenities and classic architecture in a 1‑level office layout
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-level office building with prominent Commercial Street frontage and ADA amenities, suited for owner-occupied or investment use.
Where is this office building located?
The property is located at 435 COMMERCIAL St Salem, OR.
What is the asking price?
The asking price for this property is $3,199,999.
What are key features of this property?
This property features: Single‑level office building with prominent Commercial Street frontage in downtown Salem; 330' of frontage on Commercial Street, the gateway from Keizer into downtown Salem; ADA amenities and classic architecture in a 1‑level office layout
