1515 13Th St SE, Salem, OR 97302
For Sale
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This exceptional 7,168-square-foot warehouse property in Salem, Oregon, presents a unique investment opportunity. Located at 1515 13th St SE, this single-story building boasts a versatile layout combining retail and industrial space. The property includes a 1,120-square-foot retail showroom with high visibility on 13th Street, benefiting from significant traffic flow. The remaining 6,048 square feet comprises a warehouse featuring three 13-foot roll-up doors, enhancing ease of loading and unloading. Additional warehouse amenities include an overhead crane, mezzanine storage for efficient inventory management, and a small office space for administrative needs. The warehouse benefits from upgraded lighting and a new roof installed in 2024. Power is supplied by a 3-phase, 230v, 400-amp system. The property sits on a 0.29-acre lot, with an additional 0.06 acres available on the west side, providing ample space for parking or storage. Convenient access is provided via 13th Street, Lewis Street, and a south-side alleyway, offering easy access to downtown Salem and Interstate 5. The property is zoned IC and has APN numbers 073W35BC07500 and 073W35BC07400. This well-maintained property offers a blend of retail and warehouse space, making it suitable for a variety of businesses.
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
IC · 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.