Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF, MARK SHADRIN, Cell: 503-983-4405
325 sqft
$485,000
3912 Commercial St, Salem OR, 97302
Price per sqft$1,492.31
Property size325 sqft
Property typeCommercial
Overview
Active
Listed Aug 7, 2026
Updated Sep 3
Do Not Disturb Tenant, Customers, or Employees. Appointment Required for All Viewings. Offered for the first time in 34 years, this 0.44 acre two parcel package presents a rare opportunity with existing rental income and future development potential. The property includes approximately 0.45 acres zoned Mixed Use III. The existing tenant has a land lease. The rear portion of this parcel remains undeveloped. With approximately 70 feet of frontage on Commercial Street, the property offers excellent visibility and access. Located among a strong mix of established local and national businesses including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III zoning allows for a variety of permitted uses including multifamily apartments, short term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, governmental services, and other similar uses. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential.
Additional information
- MLS® ID
- 844376
Interior Features
- Basement
- No
Exterior Features
- Lot Size
- 0.44 Acres
Other Property Details
- Taxes
- $6,160
- Tax Frequency
- Annually
- View
- Yes
Also listed on RMLS
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
WVMLS Member: Julia Monaghan
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