3740 Market StSalem, OR 97301

  • Other commercial real estate
  • 166,327 SF
For Lease

Property Details for 3740 Market St

Year built
1976
Lot size
16.02 AC
Property size (Sq ft)
166,327 SF
Zone code
CR
Property type
Other commercial real estate
APN
072W19BC03500
APU
072W19BC03500

Description

This exceptional retail property, located at 3740 Market Street NE in Salem, Oregon, offers a fantastic opportunity for businesses seeking high-visibility locations. The property boasts a total of 181,558 square feet of commercial space, with multiple tenancies available. Currently, there are 4,113 square feet of vacant space ready for immediate occupancy. Individual units range from a minimum of 1,583 square feet to a maximum contiguous space of 2,530 square feet, providing flexibility for various business needs. The property is zoned for Retail Commercial (CR), ensuring a wide range of permitted uses. Situated in Marion County, with a Salem, Oregon 97301 zip code, this location benefits from excellent accessibility and high foot traffic. The property's strategic location offers significant potential for growth and success. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving Salem market. Contact us today to learn more about leasing options and to schedule a viewing of this remarkable retail space. The property is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $34,975,312
    Hospitality
    $32,037,198
    Educational
    $26,654,574
    Medical
    $27,571,264
    Retail
    $41,462,668
3740 Market St, Salem, Oregon

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9488
Longitude
-122.986
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$376,999
-
-
$19,682,810
-
$6,699,180
$12,983,630
$19,682,810

FAQs

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