198 COMMERCIAL ST, Salem, OR 97301
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198 COMMERCIAL ST, Salem, OR 97301
198 COMMERCIAL ST, Salem, OR 97301
198 COMMERCIAL ST, Salem, OR 97301
198 COMMERCIAL ST, Salem, OR 97301
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Listed by Evans, Elder, Brown & Seubert
$ 8,825,000
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198 COMMERCIAL ST Salem, OR 97301

41,472 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 41,472 sqft

Price per Sqft $212

MLS Listing ID 234489425

Year Built 1956

Annual Tax Amount $87,744

Tax Year 2025

Lot Size 0.460 Acres

Property Sub-Type Office

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.

Location

State OR

County Marion

Area _174

Zoning CBD

Interior

Heating Forced Air

Cooling Central Air

Exterior

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Regional Multiple Listing Service (RMLS)
Billy Scott

Billy Scott

Land & Residential Specialist | Real Broker LLC

+1(541) 619-1632

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198 COMMERCIAL ST