3912 Commercial ST SE Salem, OR $ 725,000
3912 Commercial ST SE
$ 725,000
Recently Listed
Share Save

3912 Commercial ST SE

Salem, OR, 97302
$ 725,000
Bedrooms-- Baths-- Sq 582
3912 Commercial ST SE, Salem, OR 97302 - Image 1
3912 Commercial ST SE, Salem, OR 97302 - Image 2
3912 Commercial ST SE, Salem, OR 97302 - Image 3
3912 Commercial ST SE, Salem, OR 97302 - Image 4
3912 Commercial ST SE, Salem, OR 97302 - Image 5
3912 Commercial ST SE, Salem, OR 97302 - Image 6
3912 Commercial ST SE, Salem, OR 97302 - Image 7
3912 Commercial ST SE, Salem, OR 97302 - Image 8
3912 Commercial ST SE, Salem, OR 97302 - Image 9
3912 Commercial ST SE, Salem, OR 97302 - Image 10
3912 Commercial ST SE, Salem, OR 97302 - Image 11
3912 Commercial ST SE, Salem, OR 97302 - Image 12
3912 Commercial ST SE, Salem, OR 97302 - Image 13
3912 Commercial ST SE, Salem, OR 97302 - Image 14
3912 Commercial ST SE, Salem, OR 97302 - Image 15
3912 Commercial ST SE, Salem, OR 97302 - Image 16
3912 Commercial ST SE, Salem, OR 97302 - Image 17
3912 Commercial ST SE, Salem, OR 97302 - Image 18
3912 Commercial ST SE, Salem, OR 97302 - Image 19
3912 Commercial ST SE, Salem, OR 97302 - Image 20
3912 Commercial ST SE, Salem, OR 97302 - Image 21

Property for Rent in Salem, OR

for $725,000. This 582 square foot property was built in 1946 on a lot size of 0.59.

Do Not Disturb Tenant, Customers, or Employees. Appointment Required for All Viewings. Offered for the first time in 34 years, this 0.59 acre two parcel package presents a rare opportunity with existing rental income and future development potential. The property includes approximately 0.45 acres zoned Mixed Use III and approximately 0.15 acres zoned Residential Single Family. The existing tenant occupies the front portion of one parcel and has expressed interest in remaining. The rear portion of that parcel remains undeveloped, while the adjacent parcel includes a single family home. With approximately 70 feet of frontage on Commercial Street and an additional 65 feet of frontage on Oakhill Avenue, the property offers excellent visibility and access. Located among a strong mix of established local and national businesses including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III zoning allows for a variety of permitted uses including multifamily apartments, short term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, governmental services, and other similar uses. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential.

See more

Rental Active

Price

$ 725,000

Taxes

$ 7,845

Style

Commercial

Lot Size

0.59

Year Built

1946

Town/City

Salem

County/Region

Marion

MLS | Web ID

190765011

Features
General
Sewer PublicSewer
Heating Baseboard
Roof Composition
Zoning MU-3
Year Built 1946
Sale Includes Building
Property Subtype Commercial
Tax Year 2025
Current Use FoodService
Parcel Number 584915
Gross Income 39600.0
County Marion
Operating Expense 10000.0
Property Type CommercialSale
HOA N
Status Active
Directions I5 Kuebler exit W on Kuebler N on Commercial
City Salem
MLS Area _173
Lot Size Square Feet 25700.0
Listing Terms Cash Conventional
Tax Annual Amount 7845.0
Lease Type YearsRemaining1to5
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 2000.0
Legal Description OAK HILL TRACTS FR LOT 7 BLK 2
See more
Exterior
Road Frontage 135
Water Source PublicWater
Number of Buildings 1
Building Area Total 582.0
Lot Dimensions Irregular
Lot Size Acres 0.59
Road Surface Type Paved
See more
Internal Only
Street Number 1 3912
See more
* Excluded Features
List By
Berkshire Hathaway Homeservices Real Estate Professionals

Broker

markshadrin@bhhsnwrep.com

Email

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$725,000 Listed Price

Map


See all


3912 Commercial ST SE, Salem, OR, 97302 is a Property for Rent at $725,000 with 582 sqft and a lot size of 0.59. 3912 Commercial ST SE was built in 1946. The property's zip code is 97302 which is in Salem, OR