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435 COMMERCIAL ST Salem, OR $ 3,199,999
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435 COMMERCIAL ST
$ 3,199,999
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435 COMMERCIAL ST

Salem, OR, 97301
$ 3,199,999
Bedrooms-- Baths-- Sq 21,851
435 COMMERCIAL ST, Salem, OR 97301 - Image 1
435 COMMERCIAL ST, Salem, OR 97301 - Image 2

Property for Rent in Salem, OR

for $3,199,999. This 21,851 square foot property was built in 1948 on a lot size of 1.26.

Iconic Central Downtown location between the 2 bridges! Location of the Oregon State Marine Board with plenty of room to add your business in the rest of the spaces. Super high traffic counts, great signage and visibility. This property can be mostly owner occupied or used as an investment property. Classic architecture and modern ADA amenities abound in this 1-level office building. 330' of frontage on Commercial Street, the gateway from Keizer into Downtown Salem

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Rental Active

Price

$ 3,199,999

Taxes

$ 70,690

Style

Commercial

Lot Size

1.26

Year Built

1948

Town/City

Salem

County/Region

Marion

MLS | Web ID

618140130
Features
General
Sewer PublicSewer
Heating Other
Cooling Other
Zoning CBD
Year Built 1948
Sale Includes Building
Stories Count 1
Property Subtype Commercial
Tax Year 2025
Current Use Office
Parcel Number 589368
Gross Income 0
County Marion
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Marion and Center
City Salem
MLS Area _174
Lot Size Square Feet 54885.0
Listing Terms Cash Conventional
Tax Annual Amount 70690.31
Property Condition Approximately
Lease Type FullService
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SALEM BLOCK 51 LOT 1 2 3 & 4 ACRES 1.26
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Exterior
Parking Features OnSite
Water Source PublicWater
Number of Buildings 1
Building Area Total 21851.0
Lot Size Acres 1.26
Road Surface Type Paved
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Internal Only
Street Number 1 435
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

edollee67@gmail.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/3/2026$3,199,999 Listed Price

Map

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435 COMMERCIAL ST, Salem, OR, 97301 is a Property for Rent at $3,199,999 with 21,851 sqft and a lot size of 1.26. 435 COMMERCIAL ST was built in 1948. The property's zip code is 97301 which is in Salem, OR

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