Subject property has 5682 sqft rental area on 0.89 ac lot. Zoning "IC". There is on site payed parking w/approximately 50 parking spaces on site, or about 8.10 spaces per 1000/sqft. There is pylon sign on Portland Rd NE. The property was partially renovated in 2019. Now 4 long term Tenants on unit number 105/110/115/150 (Restaurant/Bar/Massage/Boba Tea). Seller may consider 1031 exchange for investment in states such as OR or CA.
Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.
Great Location with high exposure! Ample parking. 2112 square ft of space for offices, meeting rooms, reception or other potential. ADA access to building and ADA bathroom. Kitchen area equipped with counters, refrigerator, cabinets, dishwasher and sink. Plenty of room for coffee makers. water coolers and conference table for meetings or break room. Three office rooms upstairs. One with double space. Full bathroom upstairs (tub/shower has been disconnected) Plenty of flex space on main that can be office.
Accepted Offer with Contingencies. Awesome opportunity to acquire Mixed Use (1) property in great South Salem location. Zoning allows office, single/multi family, retail and many more uses. Currently used as Genesis Massage Therapy Center. When converted from residence to office, added nonbearing walls and created 4 treatment rooms and modified utility room to a 1/2 bathroom. Kitchen still present. Owner will consider a Right of First Refusal on adjoining property at 3235 Triangle Dr SE. Buyer to perform due diligence as to approved uses.
Vibrant & Active Automotive Repair Shop/Business in Prime Location! Property is zoned IG w/ A high traffic count. Building has office & storage areas with a sizable & open shop. (2) large roll up garage doors, (4) vehicle lifts & Security & Fenced yard. Sellers prefer to be cashed out but may consider owner financing to qualified buyer. Buyer to do own due diligence regarding development possibilities with governing bodies. DO NOT DISTURB BUSINESS/EMPLOYEE'S OR CUSTOMERS. Write offers subject to inspection.
Vibrant & Active Automotive Repair Shop/Business in Prime Location! Property is zoned IG w/ A high traffic count. Building has office & storage areas w/a sizable & open shop. (2) large roll up garage doors, (4) vehicle lifts & Security & Fenced yard. Sellers prefer to be cashed out but may consider owner financing to qualified buyer. Buyer to do own due diligence regarding development possibilities with governing bodies. DO NOT DISTURB BUSINESS/EMPLOYEE'S OR CUSTOMERS. Write offers subject to inspection.
High visibility warehouse / retail flex space for sale and for lease with a flexible floor plan allowing for a variety of uses. Space could work well for a contractor, auto shop, parts distribution, or retail type of use. Nearby businesses include a mix of retail, service and office users: Salem Transmission, Clear Choice Dermatology, OK Tire. Property is well located along busy South Salem 12th St corridor. It has easy access to Mission St SE, Interstate 5, and Salem's Central Business District.
Iconic location with great traffic counts! Located right in front of the bustling South Salem Fred Meyer, this fully leased property is now for sale as an investment property with 3 total income streams. Lil’ Sammies and The Cleanery are two long term tenants at the property with additional annual income from a billboard lease. The property has great signage, exposure and visibility. Please do not disturb the tenants.
Great location with illuminated signage on Commercial St SE. ADA entrance, 8 parking spaces, lobby/reception area, several conference rooms and 6-7 office spaces. Well-maintained, and possibility for turn-key sale. Updated A/C, roof in 2017, front steps in 2024, sewer line replaced in 2018, flooring new in 2024 on main level and basement.
Prime redevelopment opportunity West Salem! Potential for variety of uses, including multi-family, apartments, office, retail shops, cafes & restaurants. Five contiguous parcels totaling aprox 1.25 acres(including current alley).Located w/in West Salem Central Business zoned for commercial & mixed-use developments. Existing structures(residential homes, pole building & mini storage business)could either be leveraged in redevelopment plans or potentially cleared for fresh start. Current rents below market
Prime redevelopment opportunity in West Salem with owner carry option! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. 3 contiguous parcels totaling around .60 acres. Located within the W. Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building) could either be leveraged in the redevel plans or potentially cleared for a fresh start. See also 812911.
Turnkey Business Opportunity - No Real Estate Involved -- Larger size restaurant inside busy local plaza on main street in Salem. Other tenants include Target Store and Korean restaurant. About 150 seats serving hibachi & sushi and a bar. Full commercial kitchen with walk-in cooler. Ample on-site parking and steady clientele. Do Not disturb business and to be shown by appt only.
Free standing professional office building that features a flexible mix of private offices, conference rooms, a break room, and an open are to accommodate a number of uses. Nearby businesses included Pence Construction, Thomas Kay Flooring and Interiors, Salem Gymnastics and Praxair Welding Gas and Supply Store.
LOVELY HOME-TO-OFFICE CONVERSION, 7 CAR PARKING LOT, 1/2 ACRE SPRAWLING LOT! Convenient S Salem location between Pringle/12th. Perfect for a variety of small businesses. First flr featuring entry reception, kitchen, conference rm, private & flex space. Second flr private office & open flex space. Basement w/ office space & separate entry + dry storage & mechanical room. ADA paver entry, attached 1 car garage. Remodel in 2001, well cared for & maintained. New HVAC+A/C. Zoned CO. Possible seller carry @ 5%.
Accepted Offer with Contingencies. Iconic location with great traffic counts! located in front of the bustling South Salem Fred Meyer, this fully leased property is now for sale as an investment property with 3 income streams, 2 long term tenants and a billboard. Great signage and visibility. Contact listing Broker for offering memorandum and details on proforma. Please do not disturb the tenants.
Business for sale only. Does not include the building. Have you dreamed about owning your own restaurant? Now is the time. We are now offering the Original Court st dairy lunch for sale. Everything is included to get started all the way down to the forks and knives. Comes with all the chairs, tables, fridges and fixtures to start your restaurant at a bargain price of less than 1x gross annual volume.
Remarkable owner/user or investment opportunity adjacent Mall, Willamette University and Salem Health. The buiding underwent significant upgrades and renovation in 2022-23 to include a high-end commercial grade kitchen, and a well-finished event and dining space
Charming 1908 house converted into an office space, situated on the highly sought-after Commercial/Liberty corridor. This property has been well maintained, reflecting pride of ownership. Recent improvements include a complete remodel in 2019, featuring a new roof, and in 2024, the installation of new upstairs windows and a new driveway entrance. Ideal for professionals such as lawyers, CPAs, engineers, or other office users.
Say goodbye to the mundane cubicle life and hello to a workspace that inspires. Welcome to the Burggraf-Burt-Webster House, a charming 1895 office listed on the National Register of Historic Places. This isnâ??t just an officeâ??itâ??s a piece of history, meticulously updated to meet the demands of modern business while retaining its timeless elegance. Listing agents are the sellers. Over the past decade, this historic gem has undergone significant updates, including a complete electrical re-wire, rebuilt chimney and front porch, siding repairs. Inside, youâ??ll find everything you need to run a successful business. The layout includes a break room for those much-needed coffee breaks, a conference room for important meetings, individual offices for privacy and productivity, and a waiting room to welcome clients in style. The ADA bathroom and ramp ensure accessibility for all. Plus, thereâ??s office supply space to keep everything organized, and a full basement with a dirt floor thatâ??s dry and perfect for extra storage.Centrally located with excellent access from Mission St, youâ??re just 10-15 minutes away from every part of the city. The property offers five parking spaces, plus ample off-street parking for your team and clients. Need a caffeine boost? Take a short walk to Off-Beat Coffee and grab your morning green tea or coffee before diving into your day.
Accepted Offer with Contingencies. Looking for the perfect spot to start or grow your small business? This Commercial property in a highly visible Corner Lot is just what you need. Shop has AC, Forced Air Heat, & more. !BONUS! - it's Zoned for mixed-use, which supports various applications, from residential, retail, office, medical to light industrial. This space offers the perfect blend of convenience and visibility. Don't miss this opportunity to establish your business where everyone will see it!
1923 home conversion is perfect for medical or professional office. This two story office was previously occupied by a dentist with conditional use approval. On-site parking as well as street parking. New electrical and plumbing. Excellent signage.
Capture the potential of this impressive 1,751 SF Retail Commercial property in Salem, OR. Renovated in 2022, this prime and modernized space ideal for retail investors seeking a turnkey opportunity. Boasting a prime location in the heart of Salem, this property is perfectly positioned for maximum visibility and customer flow. With a proven track record of performance and strategic CR zoning, the possibilities are endless. Don't miss this chance to secure a solid investment.
Historical Iconic Macleay Country Inn Restaurant & Macleay country Store! Includes an assemblage of seven Tax Lot's & restaurant business. Also includes residential house & flat buildable 2.12AC parcel directly behind the restaurant with a well. Business opportunities are endless! Zoning is Community Commercial & RA. Buyer to do their own diligence for various uses but so many possibilities Bldg SF Coml bldg approx 6,039 +/- SF. Restaurant - aprox 3,987, Store aprox 2052.
Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across fromthe State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer due diligence.
Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across from the State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer due diligence.
The median home value in Salem, OR is $430,490. This is higher than the county median home value of $411,100. The national median home value is $338,100. The average price of homes sold in Salem, OR is $430,490. Approximately 51.91% of Salem homes are owned, compared to 42.65% rented, while 5.44% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Oregon has a population of 174,193. Salem is more family-centric than the surrounding county with 31.31% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Salem, Oregon is $62,185. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Salem is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.