1310 12Th St SE Salem, OR 97302
For Lease
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This exceptional commercial property, located at 1310 12th St SE in Salem, Oregon, presents a unique investment opportunity. The property encompasses a total of 9,318 square feet of building space situated on a sizable 13,939 square foot lot. The building is configured to accommodate multiple tenants, with two spaces currently available, ranging from 1,432 to 3,794 square feet. The versatile space is suitable for a variety of retail uses, as well as warehouse/storage and office applications. Benefit from excellent visibility and signage opportunities due to its prime corner location at the intersection of 12th and Wilbur Streets SE, ensuring high traffic exposure. Access is convenient from both 12th and 13th Streets. This location boasts a strong tenant base, with neighboring businesses including U-Haul of South Salem, Judson's Plumbing, and Habitat for Humanity Restore, among others. The property is situated in Marion County, Oregon, and has a 97302 zip code. This is a rare chance to acquire a well-positioned commercial property in a thriving area of Salem. The property's size and location make it ideal for a variety of commercial ventures.
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Paka House Cannabis (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Salem, ORSalem. Always verify with local authorities before improvements.
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.