Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    183 High St Salem, OR 97301

    • Investment properties
    • 6,208 SF
    For Sale
    View listing
    $1,150,000
    Value Estimation
    Location Intelligence
    Property ID
    US71-0916739
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 183 High St

    Year built
    1900
    Property size
    6,208 SF
    Zone code
    CB
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    073W27AB90002
    APU
    073W27AB90002

    Description

    This exceptional 6,208 square foot office condo, located at 183 High St NE in downtown Salem, Oregon, presents a unique investment opportunity. Situated on the second and third floors of a meticulously maintained historic building—once Salem's first hotel—this Class B property offers a blend of modern amenities and charming historical character. The unit, encompassing two levels, features a mix of office spaces, some boasting original exposed brick and historic light halls providing abundant natural light. Amenities include a kitchenette and shared restrooms, with ADA accessibility provided. Currently configured as a multi-tenant space, 1,500 square feet are vacant, ideal for an owner-user. The property is zoned CB and sits on parcel 073W27AB90002. The asking price is $1,150,000, translating to $185.24 per square foot. This income-producing property offers a compelling combination of history, functionality, and potential for future growth in the vibrant Salem market. The building consists of one building with two stories. The lease type is modified.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.037
    Latitude
    44.9404
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,494
    $0.00
    $0.00
    $652,320
    -
    $0.00
    $692,630
    $692,630

    Comparable in this City

    • Value Estimation by Request
      12,750 SF

      355 Ct NE St

      STORE/OFFICE (MIXED USE) • 12,750 SF
      355 Ct NE St, Salem, OR 97301-3526
      View Details
    • Value Estimation by Request
      5,000 SF

      3055 Portland NE Rd

      STORE/OFFICE (MIXED USE) • 5,000 SF
      3055 Portland NE Rd, Salem, OR 97301
      View Details
    • Value Estimation by Request
      19,699 SF

      300 Liberty SE St

      STORE/OFFICE (MIXED USE) • 19,699 SF
      300 Liberty SE St, Salem, OR 97301-3510
      View Details
    • Value Estimation by Request

      195 High St Nea

      STORE/OFFICE (MIXED USE)
      195 High St Nea, Salem, OR 97301-3641
      View Details
    • Value Estimation by Request
      11,868 SF

      315 State St

      STORE/OFFICE (MIXED USE) • 11,868 SF
      315 State St, Salem, OR 97301-3533
      View Details
    • Value Estimation by Request
      890 SF

      575 Trade St Sec-1

      STORE/OFFICE (MIXED USE) • 890 SF
      575 Trade St Sec-1, Salem, OR 97301-3720
      View Details

    Similar Nearby for Sale

    • $300,000
      7,570 SF

      Salem Restaurant - Turnkey Opportunity

      Established Hibachi & Sushi Restaurant in Busy Plaza
      3760 Center St, Salem, OR 97301
      View Details
    • $700,000

      Renovated Retail Building Investment Opportunity

      Leased retail building near I-5 and downtown Salem.
      2390 Fairgrounds Rd, Salem, OR 97301
      View Details
    • $4,200,000
      24,300 SF

      Historic Mixed-Use Bishop Building

      Restored 1894 building with apartments and retail spaces.
      145 Liberty St NE, Salem, OR 97301
      View Details
    • $5,025,000
      30,937 SF

      Historic Salem Mixed-Use Building

      Iconic Salem building, 30,937 sq ft, prime location.
      190 High St, Salem, OR 97301
      View Details
    • $2,950,000
      39,935 SF

      Salem Shopping Center Investment Opportunity

      Mixed-use retail & warehouse, 39,935 SF
      3545-3599 Portland Rd, Salem, OR 97301
      View Details
    • $4,575,000
      38,450 SF

      Salem's Historic Grand Investment

      Mixed-use building, prime location.
      181 High St, Salem, OR 97301
      View Details

    Similar Nearby for Lease

    • $2,750,000
      568 SF

      Mixed-Use Property in Salem

      Versatile mixed-use property with retail, office, and warehouse space.
      3545 Portland Rd NE, Salem, OR 97301
      View Details
    • $21 SF/Yr
      233,358 SF

      Capitol City Office Space

      Salem, OR Office Building - 26,826 SF Available
      4600 25Th Ave, Salem, OR 97301
      View Details
    • Contact for pricing
      5,886 SF

      Prestigious Salem Office Space

      Executive Suites & Ballroom Available
      495 State St, Salem, OR 97301
      View Details
    • $27 SF/Yr
      32,643 SF

      Prime Salem Executive Office Space

      Class A Office Suites, Downtown Salem
      250 Church St, Salem, OR 97301
      View Details
    • Contact for pricing
      99,313 SF

      Salem Retail Pad Site - Huge Potential

      99,313 SF Vacant Retail Space in Salem, OR
      1010 Hawthorne Ave, Salem, OR 97301
      View Details
    • $3,850,000
      1,868 SF

      Historic Oregon Building Office Space

      Renovated historic office building in Salem, Oregon available for lease.
      494 State St, Salem, OR 97301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    183 High St
    Salem, OR 97301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.