5490 Commercial St SE - Flex FOR SALE


Salem, OR 97306- South Gateway
$1,500,000 USD
503-851-9428
5490 Commercial St SE, Salem, OR for Sale
$1,500,000 USD
Flex - FOR SALE
1/10
null | Request Cap Rate

5490 Commercial St SE
Salem, OR 97306
South Gateway


HIGHLIGHTS

  • Complete remodel in 2021: new roof, HVAC, interior & exterior paint, and shop amenities
  • Approximately 17 on-site parking stalls for staff and customers
  • Excellent visibility and signage on a major Salem thoroughfare
  • High traffic counts with convenient I-5 access

OVERVIEW

This exceptional flex property combines 2,112 SF of beautifully updated two-story office space with 4,200 SF of versatile shop/warehouse — ideal for subcontractors, service businesses, or any operation needing a professional office presence with substantial workspace. The office area offers oversized private offices and an inviting reception/lobby for clients. The shop/warehouse features: Seven 10’ x 14’ bay doors for easy access and flow 16’ ceilings for storage or large equipment 3-phase power to support heavy machinery New break room and restrooms (2021 renovation) 141 SF mezzanine storage area Whether you need a professional headquarters with operational space or a high-visibility location to grow your business, this property delivers unmatched functionality and curb appeal.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

17

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MU-III

APN/PARCEL ID

575440

ASK ABOUT THIS PROPERTY

Jennifer MartinFirst Commercial Real EstateMore Info
503-851-9428

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Jennifer MartinFirst Commercial Real EstateMore Info
503-851-9428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.