2195 Hyacinth St NE Salem, OR 97301
For Sale
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The 45th Parallel Building, located at 2195 Hyacinth St NE in Salem, Oregon, offers a diverse range of commercial spaces ideal for businesses of all sizes. This 72,489 square foot building sits on a 7-acre lot and is zoned IC. The property boasts a variety of uses, including retail, office, and industrial space, currently configured as executive office and warehouse/distribution space. Multiple tenancies are available, with a minimum divisible space of 185 square feet and a maximum contiguous space of 2,480 square feet. Currently, 21,100 square feet of space is vacant, presenting a significant opportunity for immediate occupancy. The building underwent renovations in 2015, ensuring modern amenities and functionality. The property's location in Marion County, Oregon, provides easy access to major transportation routes and a thriving business community. With 24 spaces currently available, ranging from small executive offices to larger warehouse/distribution areas, this property offers unparalleled flexibility to accommodate a variety of business needs. The building's versatile design and prime location make it an exceptional investment opportunity in the Salem market. The zip code is 97301.
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Torah to the Tribes Church
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Green Gecko IT Tech Support Center IT Consulting Firm
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Rapid Print Solutions Printer Repair Service Toner Cartridge Supplier
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Ashley Furniture Distribution Furniture & Home Goods Home Decor Store
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Freed Creativity Industrial Manufacturer Production Facility
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.