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198 Commercial St, Salem, OR 97301

$8,825,000

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Property Description

Fully leased 41,472 sf Salem office building in one of kind location across the street from the Convention Center. Building has 3 leases with 95% of the building leased to Marion County Public Defender and State of Oregon Public Defense Fund. Interior of building had significant interior renovation between 2021-2025.

198 Commercial St | MLS# 234489425

This commercial property located at 198 Commercial St, Salem, OR 97301 is currently listed for sale with an asking price of $8,825,000. Search Salem real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Fuel Type: Gas
Heating: Forced Air
Lot Size: 0.46 Acres
Stories: 2.0
Taxes: $87,745
Year Built: 1956
Square Feet: 41,472

Feature Descriptions

Days on Site: 32
Gross Income: $1020602.00 (Actual)
Operating Expenses: $263832.00 (Actual)
Parking Notes: None
Present Use: Office
Sewer: Public Sewer
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Evans, Elder, Brown & Seubert
Agency Phone: 541-345-4860

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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