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    330 Bush SE St Salem, OR 97302-4128
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    Property profile & analytics

    330 Bush SE St, Salem, OR 97302-4128

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    • Office buildings
    • 1,889 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US71-0474567
    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.

    Value Estimations
    $600,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nimble Media Strategies / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Pancic Law / Law Firm
    • Horizon West Remodeling LLC / Corporate Office
    • Young & Wieprecht Architects / Architect
    • Oregon CPR Services LLC / Training Center / Vocational School

    Property Details for 330 Bush SE St

    Year built
    1973
    Lot size
    0.06 lot acres
    Zone code
    CR
    Property type
    Office buildings
    APN
    073W27CA07500
    APU
    073W27CA07500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 8, 2015 $295,000 Vanesa|totten John P Pancic Totten John P Grant Deed · related —
    Jan 3, 2014 — John P Totten 330 Bush LLC Quit Claim Deed · related —
    Jun 19, 1998 $140,000 330 Bush LLC James E Hanns Estate Grant Deed $110k · Pioneer Trust Bank NA
    Dec 30, 1980 $95,110 Robert C Et Al Mention Unknown Grant Deed —
    — — James E Hanns — Deed Of Trust · related $55k · Pioneer Trust Bank NA

    Description

    This exceptional 1,889-square-foot executive office building at 330 Bush Street SE in Salem, Oregon, presents a unique investment opportunity. Built in 1973 and fully renovated in 2020, the property boasts a flexible layout ideal for owner-occupiers or investors seeking rental income. The building comprises three separate units, each featuring a blend of private offices, conference rooms, and reception areas, allowing for customized use. A single company can occupy the entire space, or portions can be leased independently. Seven secure parking spaces are located conveniently underneath the building, supplemented by ample street parking. Two shared bathrooms serve the entire space. The property sits on a 2,614-square-foot lot and is zoned CR, offering excellent proximity to Salem's vibrant downtown area, with its numerous restaurants and shops. This turnkey office building offers a rare combination of modern amenities, flexible space, and a prime location. The asking price is $600,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $598,000
      Market price range: $426k - $766k
      AI Estimate
      $598,000
      Market price range: $426k - $766k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $600,000
      Current use
      AUTO REPAIR, GARAGE
      $675,000
      Change: +12% Conversion: Difficult
      MEDICAL BUILDING
      $640,000
      Change: +6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.043
    Latitude
    44.931
    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
    $4,737
    $0.00
    $0.00
    $241,370
    -
    $52,500
    $256,130
    $308,630
    More about this property
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