Salem, OR Specialty Properties for Sale

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Keizer, OR Turner, OR Rickreall, OR

Updated: Jun 5

Two-Story Medical Office NNN

3260 State St, Salem, OR 97301

$12,800,000

38,348 sqft

Class A, two‑story suburban office occupied by the regional hospital group since construction
Single‑tenant NNN investment with a lease in place through February 2030
New roof installed in 2025
Robust on‑site parking plus a package truck loading dock
Property currently houses the Salem Health Laboratory, including drop‑in lab and processing location

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Updated: Jun 2

NNN Retail Center with Storefronts

1120-1130 Royvonne Ave SE, Salem, OR 97302

$1,875,000

5,697 sqft

NNN‑structured retail center located at 1120‑1130 Royvonne Ave SE in Salem, OR
Mixed Use‑III (MU‑III) zoning with development standards for mixed‑use corridors and centers
Tenant mix includes retail and other allowed uses under MU‑III zoning, with long‑term lease potential
One large vacancy offers potential for additional rental income
NNN lease structure helps offset operating expenses and protect returns

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Renovated Retail Building Investment Opportunity

2390 Fairgrounds Rd, Salem, OR 97301

$675,000

Leased retail building near I-5 and downtown Salem.

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Cannabis Facility Investment Opportunity

560 21st St SE, Salem, OR 97301

$7,300,000

65,597 sqft · 3.10 AC lot

Modern, fully upgraded cannabis facility with long-term tenants in Salem.

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Popeyes Restaurant in Salem, Oregon

5503 Commercial St SE, Salem, OR

Contact for pricing

2,333 sqft · 0.76 AC lot

NNN leased Popeyes restaurant on a 1-acre lot.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Church with Classrooms

1099 SW Queen Av, Albany, OR 97321

$899,000

8,900 sqft · 0.43 AC lot

Historic church with two sanctuaries and classrooms, suited for religious or educational programming.

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Church and School Campus

38520, 38524 Highway 226, Scio, OR 97374

$899,900

10,285 sqft · 7.24 AC lot

Spacious rural campus with a former church/school building, sanctuary, classrooms, ample parking, and an additional residence.

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Multi-Building Religious and School Campus

38520 Highway 226, Scio, OR 97374

$989,900

10,285 sqft · 7.24 AC lot

Multi-building campus featuring a former church/school facility plus a residence, suitable for religious, educational, and nonprofit uses.

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Jack in the Box Ground Lease

1825 Pacific Blvd SE, Albany, OR 97321

$1,320,000

Jack in the Box ground lease in Albany's retail corridor.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Nelscott District Land Parcels

2900 SW Anchor Parcels 1&2 Avenue, Lincoln City, OR 97367

$100,000

0.42 AC lot

Two lots totaling 0.42 acres in Lincoln City.

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Resort Lot with Ocean Views

6225 N Coast Hwy Lot 160, Newport, OR 97365

$249,000

Large resort lot featuring ocean views and sunset vistas.

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Tillamook Land with Development Potential

2506 1ST St, Tillamook, OR 97141

$595,000

2.07 AC lot

2.07-acre site zoned for high-density residential and mixed-use.

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Riverside Land in Columbia City

Columbia City, OR 97018

$649,000

0.46 AC lot

Prime 20,000 sq ft lot with Columbia River views.

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Off-Market Properties in Salem, OR

Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

Value Estimation by Request

12.00 AC lot

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DAY CARE, PRE-SCHOOL

1998 Lansing NE Ave, Salem, OR 97301-8736

$1,180,000

Estimated value

1,355 sqft · 1.37 AC lot

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DAY CARE, PRE-SCHOOL

256 Salem Hts S Ave, Salem, OR 97302

Value Estimation by Request

1,575 sqft · 0.39 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97306

Value Estimation by Request

1.56 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

$740,000

Estimated value

3.06 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97305

Value Estimation by Request

56.22 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

Value Estimation by Request

105.00 AC lot

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SBE - SPECIAL ASSESSMENTS

10539 Carbon NE Ln, Salem, OR 97305-9253

Value Estimation by Request

2.00 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97305

Value Estimation by Request

38.12 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97305

Value Estimation by Request

14.21 AC lot

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SBE - SPECIAL ASSESSMENTS

8652 Cobos Crk S Ln, Salem, OR 97306-9174

Value Estimation by Request

10.00 AC lot

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SBE - SPECIAL ASSESSMENTS

4201 Riv S Rd, Salem, OR 97302-9717

Value Estimation by Request

47.19 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97305

Value Estimation by Request

8.41 AC lot

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COLLEGE, UNIVERSITY, VOC SCHOOL

4700 Silverton NE Rd, Salem, OR 97305-2946

$2,400,000

Estimated value

13,104 sqft · 1.58 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97302

Value Estimation by Request

5.70 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

$1,350,000

Estimated value

1.43 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

$995,000

Estimated value

66.27 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

Value Estimation by Request

2.00 AC lot

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SBE - SPECIAL ASSESSMENTS

Salem, OR 97317

Value Estimation by Request

13.62 AC lot

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Salem, OR Specialty Properties Market Trends and Statistics

Explore 72 specialty properties for sale in Salem, OR, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 109,642 square feet of properties for sale, with an estimated market value of $21,975,000.

Sale prices for properties in Salem, OR start at $1,875,000, averaging $7,325,000, and reaching up to $12,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 279K

Population Growth (5Y) +5.0%

Median Household Income $76,436

College Educated 19.3%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
97302	$1.9M
97301	$6.9M

Taxes & Financing

Tax Rate (average for all types) 1.85%

Property Tax per SF $20.84 per SF

Tax Rate vs County Average 0.05 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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Salem, OR Specialty Properties for Sale

3260 State St, Salem, OR 97301

1120-1130 Royvonne Ave SE, Salem, OR 97302

2390 Fairgrounds Rd, Salem, OR 97301

560 21st St SE, Salem, OR 97301

5503 Commercial St SE, Salem, OR

Opportunities in Nearby Cities

1099 SW Queen Av, Albany, OR 97321

38520, 38524 Highway 226, Scio, OR 97374

38520 Highway 226, Scio, OR 97374

1825 Pacific Blvd SE, Albany, OR 97321

Potential Development Sites for Consideration

2900 SW Anchor Parcels 1&2 Avenue, Lincoln City, OR 97367

6225 N Coast Hwy Lot 160, Newport, OR 97365

2506 1ST St, Tillamook, OR 97141

Columbia City, OR 97018

Off-Market Properties in Salem, OR

Salem, OR 97317

1998 Lansing NE Ave, Salem, OR 97301-8736

256 Salem Hts S Ave, Salem, OR 97302

Salem, OR 97306

Salem, OR 97317

Salem, OR 97305

Salem, OR 97317

10539 Carbon NE Ln, Salem, OR 97305-9253

Salem, OR 97305

Salem, OR 97305

8652 Cobos Crk S Ln, Salem, OR 97306-9174

4201 Riv S Rd, Salem, OR 97302-9717

Salem, OR 97305

4700 Silverton NE Rd, Salem, OR 97305-2946

Salem, OR 97302

Salem, OR 97317

Salem, OR 97317

Salem, OR 97317

Salem, OR 97317

Salem, OR Specialty Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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