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Medical Office Adjacent to Hospital
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450-456 Welch Street, Silverton, OR 97381

Medical office site immediately adjacent to Legacy Silverton Medical Center with access along Welch Street near major intersections.

Property SizeContact for details
Days on Market122

Property Features for 450-456 Welch Street

General Information

Standard status Active
Property subtype Office
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:23AM

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 Fisher James Capital

Investment Insights

Based on property information with market context.

The subject property is a medical office site positioned immediately adjacent to Legacy Silverton Medical Center. The location provides convenient access along Welch Street, directly by the intersection of McClaine Street and Westfield Street, with AADT reported as 9,218 and 12,300, respectively. The site is approximately 14 miles from downtown Salem.

The property also benefits from surrounding institutional and retail activity. It is adjacent to Robert Frost Elementary School, Silverton Middle School, and the Silverton Senior Center. Nearby major retail tenants include Safeway, Rite Aid, Anytime Fitness, and Ace Hardware.

Demographic information provided includes a population of 86,861 within a 10-mile radius and a reported population growth rate of 1.40% since 2010. The annual rate is anticipated to be 1.35% through 2023 within one mile of the site, with average household income within one mile exceeding $79,300.

Key Highlights

  • Medical office site immediately adjacent to Legacy Silverton Medical Center (community hospital and Level IV trauma center).
  • Welch Street access near the intersection of McClaine St (9,218 AADT) and Westfield St (12,300 AADT).
  • Serves a local patient base supported by nearby schools and community facilities including Robert Frost Elementary, Silverton Middle School, and Silverton Senior Center.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Law Firm HVAC Service Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,003
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97381, OR

16,313
Population
5,882
Households
2.8
Avg Household Size
40
Median Age
31%
College-Educated
92%
High-School Grad
110.0 sq mi
ZIP Area
148
Density / Sq Mi
$84,077
Median Household Income
$42,337
Median Earnings
$1,491
Median Rent
$497,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office site immediately adjacent to Legacy Silverton Medical Center with access along Welch Street near major intersections.
Where is this medical office space located?
The property is located at 450-456 Welch Street Silverton, OR.
What are key features of this property?
This property features: Medical office site immediately adjacent to Legacy Silverton Medical Center (community hospital and Level IV trauma center).; Welch Street access near the intersection of McClaine St (9,218 AADT) and Westfield St (12,300 AADT).; Serves a local patient base supported by nearby schools and community facilities including Robert Frost Elementary, Silverton Middle School, and Silverton Senior Center.
(510) 289-1166 Call to check price and availability
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