Office Building

For Sale

925-935 Commercial St SE, Salem, OR 97302

Situated just south of downtown Salem on main thoroughfare with traffic counts of 28,215 vpd. Numerous businesses, retailers and amenities are within walking distance.Office investment property offered at appraised value, a 6.5% cap rate. The three-story, multi-tenant 27,748 SF office building provides a professionally managed range of suite sizes and configurations for professional office users. The property includes ample on-site parking on 1.15 acre with access from both Commercial Street and Saginaw Street and is zoned Mixed-Use I.This three-story office building offers suites with numerous layout options for a variety of business types. The property features ample on-site parking with access off Commercial St and Saginaw St. Suites available for professional office users within Mixed-Use I zoning.

Key features

  • Cap rate: 6.5%
  • Elevator served building
  • High visibility corridor
  • List price: $6,100,000
  • Zoned Mixed Use I

Building Details

  • For Sale $6,100,000
  • Property Type Office - General Office
  • Property Size 27,748 SF
  • Additional Rent Price on request
  • Building Class B
  • Date Updated Sep 25, 2026
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Contacts

Terry Hancock

Hancock Real Estate

Location

  • City Salem, OR
  • Neighborhood South Central Salem
  • Zip Code 97302
  • Market Eugene
  • Walk score 70/100 Very Walkable
  • Transit score 48/100 Some Transit
  • Bike score 82/100 Very Bikeable
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Points of Interest

Salem

0.79 miles

Brooks Historical Society Depot

8.93 miles

Hopmere Station

9.02 miles

Arco Gas Station

0.08 miles

Blink

0.23 miles

Pacific Pride

0.79 miles

Shell

0.83 miles

Chevron

0.90 miles

ChargePoint

1.02 miles

Circle K

1.10 miles

Arco

1.20 miles

Space Age

1.34 miles

City of Salem Fuel Island

1.42 miles

Salem Library Parkade

0.20 miles

M Lot

0.32 miles

Pringle Parkade

0.42 miles

B Lot

0.43 miles

South West Parking Lot

0.44 miles

Permit Parking

0.52 miles

Patient Visitor Parking Garage

0.54 miles

Riverfront Park (South Lot)

0.55 miles

Reserved Lot A

0.56 miles

Liberty Square Parkade

0.56 miles

Big Red Car Wash

0.93 miles

John's Car Wash

0.93 miles

Blue Elephant

1.04 miles

Roberson's Car Wash

2.33 miles

Washman

2.43 miles

Enterprise

2.91 miles

Car'l B Klean Self Serve

3.01 miles

Power Kia

3.02 miles

Magic Touch

3.32 miles

Straight From New York Pizza (Owens)

0.11 miles

Mama's On The Go Bistro

0.14 miles

White's Restaurant

0.14 miles

Best Little Roadhouse

0.15 miles

Basil & Board

0.32 miles

Marco Polo

0.44 miles

Gamberreti's

0.44 miles

DaVinci Ristorante

0.58 miles

Fuji Rice Time

0.59 miles

Rex

0.60 miles

Pringle Park Plaza

0.42 miles

Reed Opera House

0.68 miles

Salem Center (South)

0.83 miles

Ross

0.88 miles

Salem Center (North)

0.90 miles

Macy's

0.92 miles

Kohl's

0.93 miles

Safeway

1.06 miles

LifeSource Natural Foods

1.13 miles

Grocery Outlet

1.27 miles

City of Salem Police Department

0.31 miles

Salem Fire Station 1

0.45 miles

Salem Hospital

0.48 miles

AIYANA Aesthetics

0.64 miles

SwiftCare Urgent Care

1.08 miles

Salem Police Department

1.13 miles

Safeway

1.17 miles

Walgreens

1.19 miles

Salem Health

1.19 miles

DaVita Dialysis

1.29 miles

Listing Summary

  • Property Financials

    925-935 Commercial St SE is currently listed for sale at $6,100,000 for a price per square foot of $219.84.

  • Property Details

    925-935 Commercial St SE totals 27,748 square feet of Office space.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 70, indicating that it is very walkable.

Contact Terry Hancock
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