780 Commercial StSalem, OR 97301

Property Details for 780 Commercial St

Year built

1964

Lot size

0.38 AC

Property size (Sq ft)

9,504 SF

Zone code

CO

Property type

Office buildings

APN

073W27BD02800

APU

073W27BD02800

Description

This exceptional professional office space, located at 780 Commercial St SE, Ste 305, Salem, offers multiple suites ranging from 107 to 726 square feet. Situated at the northeast corner of Commercial St SE and Mission St, this three-story building provides a convenient and accessible location. The property is zoned CO - Commercial Office, allowing for a variety of professional uses. Currently, 726 square feet are immediately available for lease. The building consists of a single structure with three stories. Leases are full-service, excluding janitorial duties. This is an excellent opportunity for businesses seeking flexible and efficient office space in a prime Salem location. The minimum divisible space is 726 square feet, which is also the maximum contiguous space currently available. This makes it ideal for a single tenant seeking a sizable office or multiple smaller tenants looking for individual suites. The property's location at a major intersection ensures high visibility and easy access for clients and employees. Inquire today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,746,006

  6.5%

  $1,611,698

  7%

  $1,496,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,496,919

  Geo Method

  $1,830,280

• Alternative Use

  Use

  Valuation

  Residential

  $1,998,505

  Hospitality

  $1,830,620

  Educational

  $1,523,054

  Medical

  $1,575,434

  Retail

  $2,369,196

Location Insight

City

Salem

County

Marion

State

Oregon

Latitude

44.9336

Longitude

-123.043

CBSA code

41420

CBSA name

SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].