1520 Plaza St, Salem, OR 97304
This exceptional commercial property, located at 1520 Plaza St NW in Salem, Oregon (zip code 97304), offers newly remodeled office suites within the Safeway-anchored Oak Hills Mall. The single-tenant space is situated on the second floor of the building and is conveniently served by an elevator. Each suite boasts abundant natural light thanks to large windows. The building features a welcoming entry with a spacious lobby and reception area, creating a professional and inviting atmosphere. The suites themselves offer a flexible, large open floor plan, complemented by one or two private offices, providing a balance between collaborative and individual workspaces. Shared amenities include common restrooms and a drinking fountain. The property is zoned CR and is part of a thriving commercial center, offering excellent visibility and accessibility. The location in West Salem provides easy access to major transportation routes and a variety of amenities. This is an ideal opportunity for businesses seeking modern, well-maintained office space in a prime location. The property includes one suite in a building with a total of one suite. Marion County is the location of this commercial property.
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Polk County Mental Health Public Health Department Mental Health Service
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Van Gelder Michael J Medical Clinic
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ALFREDO JOSE SOTO Physician
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Trillium Charitable Organization Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.