Current Use by Public Records
- Office Spaces
Property Details for Commercial St
- Lot size
- 0.14 lot acres
- Property type
- Office Spaces
Description
This exceptional 2,722 square foot office building is ideally situated on Commercial Street SE in Salem, Oregon, boasting high visibility thanks to illuminated signage. The property sits on a 0.14-acre lot and offers convenient access with an ADA-compliant entrance and ample parking for eight vehicles. The interior features a welcoming lobby/reception area, multiple conference rooms perfect for meetings and presentations, and six to seven individual office spaces, providing flexibility for various business needs. The building is exceptionally well-maintained and presents a turn-key opportunity for a seamless transition. Recent upgrades include a new roof installed in 2017, front steps replaced in 2024, and a sewer line replacement completed in 2018. Furthermore, the main level and basement received new flooring in 2024. The updated air conditioning system ensures year-round comfort. This property represents a rare opportunity to acquire a move-in ready office building in a highly desirable Salem location. The asking price is $750,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.04
- Latitude
- 44.9026