1505 Front St Salem, OR 97301
This exceptional Salem, Oregon industrial property offers a unique blend of warehouse and yard space, ideally suited for various industrial, warehouse, and distribution operations. Located at 1505 Front St NE, this single-tenant property boasts a total building size of 36,462 square feet situated on a 1.43-acre lot in Marion County. The readily available space includes approximately 7,494 square feet of warehouse/storage space featuring a 22' clear height (14' in storage area), complemented by 6,432 square feet of secure, paved, and partially covered yard space. The warehouse features three manual overhead doors, one sliding door, and a dock loading height of approximately 28 inches. Additional amenities include a large lunch/conference room, one restroom, and trailer parking. The property is equipped with a sprinkler system and is zoned MU Riverfront. The monthly lease rate is $7,865, inclusive of water and sewer. The property's strategic location near I-5, Salem-Dallas Highway, and North Santiam Highway ensures seamless connectivity and access to major transportation routes. Prospective tenants are responsible for conducting all due diligence. This is a rare opportunity to secure a well-appointed industrial space with significant yard area in a thriving business community.
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Mongoose Metals Powder Coating Powder Coating Service
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Front Street Scooters Department Store
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Affordable Quality Carpets Carpet & Flooring Store
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Murphy’s Fireplace & Stove Inc. Hardware & Home Improvement
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Mongoose Metals Inc. HVAC Service General Contractor
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.