630 Mary Ave SE - Medical FOR SALE


Salem, OR 97302- Morningside
$495,000 USD
503-559-2694
630 Mary Ave SE, Salem, OR for Sale
$495,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

630 Mary Ave SE
Salem, OR 97302
Morningside


OVERVIEW

Perched on the hillside at 630 Mary Ave SE, this professional office building offers excellent visibility and convenient access just off South Commercial Street - one of Salem’s most active commercial corridors. Originally constructed in 1948, the property underwent a thoughtful remodel in 2018, introducing modern functionality. Zoned Commercial Office, the main level includes three private offices, a shared kitchenette/copy room, and one restroom, making it ideal for a variety of professional uses. The lower level features a one-car garage and a spacious storage area, which offers potential for conversion into additional office or meeting space. This is a rare opportunity to own a flexible office building in a highly desirable and well-connected South Salem location.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CO

APN/PARCEL ID

577421

ASK ABOUT THIS PROPERTY

Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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Conrad VentiFirst Commercial Real EstateMore Info
503-559-2694

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