Entity Owned Property summary
This beautifully appointed, three-story retail/office space, located in the heart of Salem, offers a unique blend of historic charm and modern functionality. Originally built in 1910, the 3,445 square foot building boasts original hardwood floors and an open design, complemented by refined modern finishes. The main level features an open foyer, open workflow areas, two offices, and a kitchen, perfect for client meetings or company gatherings. Upstairs, you'll find a cozy reception area, a… full bathroom with a bathtub, three additional private offices, storage space, and a built-in wet bar. The property sits on a 0.12-acre lot, prominently located on the signalized corner of Commercial and Myers Streets, ensuring high visibility to over 20,000 vehicles daily. A monument sign enhances your business presence. On-site parking accommodates up to six vehicles, and private entrances provide convenience and security. The space is zoned CO and is available for lease as early as March 1st. The minimum divisible space is 1,075 square feet, with a maximum contiguous space of 1,185 square feet. This Class B building presents a rare opportunity to establish your business in a highly desirable, historic location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,260 SF
- Lot area
- 0.17 ac
- Year built
- 1910
- Stories
- 1
- APN
- 073W27CD08800
- Zoning
- CO
- Assessed value · 2023
- $346,800
- Annual tax · 2023
- $6,807
- Medical Building
- Office Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the Commercial Office (CO) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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