845 Bassett St NW - Manufacturing FOR SALE


Salem, OR 97304- West Salem
$5,000,000 USD
503-939-7099
845 Bassett St NW, Salem, OR for Sale
$5,000,000 USD
Manufacturing - FOR SALE
1/7
null | Request Cap Rate

Jun '26


845 Bassett St NW
Salem, OR 97304
West Salem


HIGHLIGHTS

  • 47,600SF
  • 2.27 AC
  • 48X40 COLUMN SPAN
  • 26' CLEAR HEIGHT
  • 3,000SF OFFICE
  • 6 PRIMARY DOCK DOORS - 6 SECONDARY DOCK DOORS

OVERVIEW

This 47,600-square-foot concrete tilt-up warehouse at 845 Bassett St NW in Salem, sits on a 2.27-acre site built in 1964. Located on a 6.67 acre industrial park in West Salem, it supports efficient manufacturing, distribution, and industrial operations. Features include 26-foot clear height, 48-by-40-foot column spacing, full sprinkler system, six primary east-side dock doors, six secondary west-side dock doors, 3,000 square feet of office space, 490 feet of road frontage, fenced yard, and three-phase power. Zoned MU-III (Mixed Use-III), it allows mixed-use flexibility and adaptive reuse for full General Industrial (IG) uses—like heavy vehicle service, warehousing, and equipment operations—without rezoning, supporting general manufacturing, conditional larger-scale operations, and infill redevelopment in pedestrian-friendly urban areas. This property offers strong potential in Salem's growing sector for investors seeking adaptability and value. Contact our office for details or a site visit.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

50,000 Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

12

DRIVE INS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2.27

LAND SF

98,881

ZONING

MU-III

APN/PARCEL ID

256988

ASK ABOUT THIS PROPERTY

Dave SmithTradition Real Estate PartnersMore Info
503-939-7099

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Dave SmithTradition Real Estate PartnersMore Info
503-939-7099

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