198 Commercial St Se • Salem, OR 97301
$10,500,000 • Beds: 0 • Baths: • Sq. Feet: 41472 • MLS ID: 840891Shown By
- Agency Name: DAT Real Estate Solutions
- Agency Phone: 503-400-7995
Listed By
- CENTURY 21 NORTH HOMES
- Agency Phone: 503-652-2260
Presenting one of Salem's most iconic, beautifully renovated office buildings, ideally positioned in the heart of Salem within the Central Core Business District on one of the highest-trafficked corners in the city. The building features 100% occupancy, a solid 6.53% CAP, and over $2 million in recent renovations, blending historic character with modern upgrades. Anchored by A+ long term State of Oregon tenants, this is a rare opportunity to acquire a stable landmark asset in a prime Salem location!
View this listing at: http://www.datresolutions.com/lid=186632843
Property Features
- Taxes: $87,745
- Lot Size: 0.46 Acres
- Lot Dimensions: 0.46 Acre(s)
- Year Built: 1956
- Water: City, Connected
- Building 1: Unit 1, 16,269sqft, LEASED
- Building 2: Unit 2, 1,850sqft, LEASED
- Building 3: Unit 3, 19,409sqft, LEASED
- Foundation: Slab
- Heating/Cooling: Central AC, Forced Air, Heat Pump, Zonal
- Price Per Square Foot: 253.18
- Property Name: 198 Commercial Street
Printed May 18, 2026
