350 Miller SE St, Salem, OR 97302-4248
- Medical Office Space
- 8,381 SF
- 0.39 lot acres
Current Use by Public Records
- Robert T. Scott, DPM / Physician
- Liberty Spine & Pain Center, Pc / Physician
- Gennaya Mattison / Physician / Medical Clinic
- Gennaya Lynn Mattison / Physician / Medical Clinic
- Jamison Steven K CPA / Accounting Firm / Tax Preparation
Property Details for 350 Miller SE St
- Year built
- 2005
- Lot size
- 0.39 lot acres
- Zone code
- CO
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 073W27CD03600
- APU
- 073W27CD03600
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 17, 2024 | $1,700,000 | Three River Rock LLC | Rjp Commercial LLC | Warranty Deed | $1.8M · Jpmorgan Chase Bank NA |
| Nov 2, 2010 | — | Rjp Commercial LLC | Rjp Properties LLC | Quit Claim Deed · related | — |
| May 9, 2005 | — | Rjp Properties LLC | Peffley,richard W II & Joan C | Grant Deed | $968k · North Cascades Nat'l Bank |
| Mar 30, 2004 | — | Richard W Peffley | — | Deed Of Trust · related | $1.4M · North Cascades National Bank |
| Jan 8, 2004 | — | Rjp Properties LLC | Peffley,richard W II & Joan C | Quit Claim Deed · related | — |
| Aug 16, 1996 | $135,000 | Physicians Building | Personal Holding Co | Grant Deed | — |
| Apr 25, 1990 | $135,000 | Personal Holding Company | Unknown | Grant Deed | — |
| — | — | Rjp Properties LLC | — | Deed Of Trust · related | $85k · North Cascades Nat'l Bank |
Description
This exceptional 8,960 square foot Class B office building, located at 350 Miller St SE in Salem, Oregon, presents a unique investment opportunity. Built in 2005 and extensively renovated in 2022, this multi-tenant property boasts medical-grade finishes and a desirable location on the Liberty Street Professional Office Corridor, just south of downtown. The building features two suites totaling 7,950 net rentable square feet, with the first floor encompassing 4,408 square feet and the second floor 3,542 square feet. Amenities include 26 on-site parking spaces with access from Liberty and Miller Streets, plus abundant on-street parking. A distinctive architectural feature, known locally as the "lighthouse property," enhances visibility and curb appeal. The building offers elevator service, full ADA compliance, and a private two-car garage attached to a full bathroom within the owner's office. The property sits on a 0.39-acre lot and is zoned for commercial office use. Its previous tenants included a plastic surgeon's office, a medical office, and an accounting firm, demonstrating its versatility and suitability for a variety of professional uses. The building's high-end exterior finishes and welcoming entrance create a professional and inviting atmosphere. This property is ideally suited for an owner-user seeking a prominent location and high-quality space.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,989,000
- AI Estimate
- $2,432,000
Market price range: $1.58M - $3.97MMarket price range: $1.03M - $3.71M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,835,000 Current use
- AUTO REPAIR, GARAGE
- $2,990,000 Change: +6% Conversion: Difficult
- OFFICE BUILDING
- $2,660,000 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
- 44.9288
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
