Salem Office Building For
For Sale
Contact for pricing
Pending
945 Columbia St. NE, Salem, OR 97301
7,362 SF office building in Salem, Oregon.
Property SizeContact for details
Days on Market515
Property Features for 945 Columbia St. NE
General Information
Standard status
Pending
Property subtype
Office
Site & Location
Neighborhood
Highland Neighborhood Association
Listing Agency:
Coldwell Banker Commercial Mountain West Real Estate
Listed By:
Jeff Miller · License #OR 940500263
(503) 999-5210
Source:
Crexi
Added: Jun 5, 2025
Changed: Oct 25
Last Checked: Nov 1 at 4:29AM
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 Coldwell Banker Commercial Mountain West Real Estate
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Investment Insights
Based on property information with market context.
This 7,362 square foot office building, as per Marion County Records, presents a compelling opportunity for an owner/user or investor. Constructed in 1954 and remodeled in 2001-2002, the property is located in a central area of Salem, Oregon. The zoning is RA (Residential Agricultural) with an underlying RS (Single Family Residential) comprehensive plan zoning. The building is currently 100% occupied by six tenants, providing immediate income. The property is well-maintained and offers a turnkey investment. There is strong rent upside potential for an investor by restructuring the current shorter term leases upon renewal.
Key Highlights
- 100% occupancy for immediate income.
- Strong rent upside potential by restructuring shorter term leases.
- Well‑maintained and turnkey investment opportunity.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,106
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - 7,362 SF office building in Salem, Oregon.
Where is this office building located?
The property is located at 945 Columbia St. NE Salem, OR.
What are key features of this property?
This property features: 100% occupancy for immediate income.; Strong rent upside potential by restructuring shorter term leases.; Well‑maintained and turnkey investment opportunity.
