820 Jefferson St NE - Churches FOR SALE


Salem, OR 97301- Grant
$1,675,000 USD
503-931-3521
820 Jefferson St NE, Salem, OR for Sale
$1,675,000 USD
Churches - FOR SALE
1/11
null | Request Cap Rate

820 Jefferson St NE
Salem, OR 97301
Grant


HIGHLIGHTS

  • Historic Salem landmark positioned within an established neighborhood setting
  • Architecturally significant structures supporting a range of adaptive reuse options
  • RM2 zoning enabling flexible redevelopment pathways across multiple tax lots
  • Strong regional demographics supporting long-term repositioning strategies

OVERVIEW

Jason Lee United Methodist Church is a century-old Salem landmark built in 1911–1912 with hand-made concrete blocks crafted by the original congregation, giving the structure a rare and authentic historic character. The building has evolved over time with thoughtful additions, including a 1949 educational wing and later accessibility upgrades such as a ramp and lift, while still retaining its architectural integrity. Its spacious interior, durable construction, and classic design make it highly adaptable for a wide range of modern uses. For nonprofits, community organizations, or mission-driven buyers, the building’s long legacy of service — from food programs to outreach efforts — offers a meaningful foundation to build upon. For developers or creative users, the structure presents a compelling opportunity for adaptive reuse, whether as an event venue, arts space, community center, or innovative mixed-use concept. Its historic presence provides a sense of identity and storytelling that newer buildings simply cannot replicate. Overall, this property combines character, functionality, and versatility, making it a standout opportunity in the Salem market

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Parking Lot

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

RM2

APN/PARCEL ID

596122,596123

ASK ABOUT THIS PROPERTY

Josh KayFirst Commercial Real EstateMore Info
503-931-3521

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Josh KayFirst Commercial Real EstateMore Info
503-931-3521

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