For Sale

Salem Development Land

210 Capitol St. NE, Salem, OR 97301

• Located directly across from the grounds of the Oregon State Capitol, one block from Willamette University and four blocks from the Salem Central Business District. • Walking distance to the Salem Amtrak station and the local hospitalThe subject property is a rare opportunity to purchase developable land directly across the street from the Oregon State Capitol. The highest and best use appears to be office development but multi-family, hospitality, and even a parking facility could be viable and have conditional approval within the current zoning. The market vacancy for office space in the Salem/Keizer are is under 5% and less than 1% within six blocks of the State Capitol. With market rents on the rise and construction pricing stabilizing the market factors appear good for an office development. There also appears to be strong demand for both housing and hospitality close in this location surrounded by state government offices. Full environmental studies and work have been conducted on the subject property and a conditional No Further Action notice from the Department of Environmental Quality can be provided.

Key features

  • "No Further Action" notice from the Department of Environmental Quality can be provided
  • Rare opportunity to purchase developable land directly across from the grounds of the Oregon State Capitol
  • The highest and best use appears to be office development but multi-family, hospitality, and even a parking facility could be viable and have conditional approval within the current zoning
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Reach out to the broker for more info on lease terms and amenities

Contacts

Nick Williams, CCIM

Capacity Commercial Group

Building Details

  • For Sale $1,600,000
  • Property Type VacantLand
  • Lot Size 0.54 Acre
  • Date Updated May 22, 2026

Attachments

Getting Around

  • Walk Score ®

    Very Walkable (87)

  • Transit Score ®

    Good Transit (59)

  • Bike Score ®

    Very Bikeable (84)
Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

Brooks Historical Society Depot

8.22 miles

Hopmere Station

8.31 miles

ChargePoint

0.13 miles

Arco

0.47 miles

Pacific Pride

0.75 miles

Shell

0.82 miles

Arco Gas Station

0.89 miles

76

0.95 miles

City of Salem Fuel Island

1.22 miles

Circle K

1.26 miles

Reserved Lot A

0.37 miles

Visitor Parking

0.39 miles

Permit Parking

0.42 miles

E Lot

0.45 miles

B Lot

0.53 miles

Staff Parking

0.54 miles

Patient Visitor Parking Garage

0.54 miles

Marion Parkade

0.56 miles

Pringle Parkade

0.57 miles

John's Car Wash

1.50 miles

Big Red Car Wash

1.61 miles

Roberson's Car Wash

1.91 miles

Power Kia

2.09 miles

Enterprise

2.17 miles

Car'l B Klean Self Serve

2.27 miles

Washman

2.28 miles

Magic Touch

2.40 miles

Soap 'n' Suds

2.90 miles

Adam's Rib Smoke House

0.15 miles

Cuisine India

0.15 miles

Bearwolf Catering and PNW Deli

0.20 miles

Al Aqsa

0.21 miles

Indian Masala

0.27 miles

Taproot Old Mill Cafe

0.31 miles

Happy BiBiM Bap House

0.33 miles

Burrito Way

0.36 miles

A&J Burger

0.42 miles

Macy's

0.45 miles

Salem Center (South)

0.50 miles

Kohl's

0.51 miles

Salem Center (North)

0.51 miles

Ross

0.54 miles

Reed Opera House

0.55 miles

Pringle Park Plaza

0.57 miles

Grocery Outlet

0.84 miles

Roth's

1.35 miles

Salem Hospital

0.50 miles

AIYANA Aesthetics

0.59 miles

Salem Fire Station 1

0.61 miles

Salem Police Department

0.70 miles

City of Salem Police Department

0.71 miles

Salem Free Clinics

0.97 miles

Salem fire station #2

1.15 miles

SwiftCare Urgent Care

1.18 miles

Oregon State Hospital

1.19 miles

210 Capitol St. NE Listing Summary

  • What is the asking price at Salem Development Land?

    Salem Development Land is currently listed for sale at Contact for pricing.

Contact Listing Broker
Nick Williams, CCIM

Capacity Commercial Group

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