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Property profile & analytics
OFF-MARKET
Office Spaces

13Th St Salem, OR 97302

2,309 SF 0.18 ac lot
Property ID
Property summary
AI-generated overview

This stunning 2,309 square foot office building, situated on a 0.18-acre lot in Salem, Oregon, presents a unique opportunity to own a piece of history. Listed on the National Register of Historic Places, the Burggraf-Burt-Webster House boasts timeless elegance seamlessly blended with modern functionality. Built in 1895, this property has undergone extensive renovations within the last decade, including a complete electrical rewiring, chimney and front porch reconstruction, and siding repairs. The interior layout is ideal for a variety of businesses, featuring a welcoming waiting room, individual offices for focused work, a dedicated conference room for meetings, and a convenient break room. Accessibility is ensured with an ADA-compliant bathroom and ramp. Ample storage is available in the dry, full basement. The property includes five on-site parking spaces, supplemented by plentiful off-street parking. Its central location, offering easy access to Mission Street and all areas of Salem within a 10-15 minute commute, adds to its appeal. Enjoy the convenience of nearby amenities, such as Off-Beat Coffee, just a short stroll away. This exceptional property offers a rare combination of historic charm and modern practicality, making it an ideal investment for discerning businesses. The asking price is $535,000.

Property profile
Verified
Property type Office Spaces
Total area 2,309 SF
Lot 0.18 ac (7,841 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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