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Listing provided courtesy of BLUM REAL ESTATE: 503-485-1900.

245 Oak SE

Salem, OR 97301
  • $520,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 843735
UPDATED: 34 min ago
$520,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,892
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing provided courtesy of BLUM REAL ESTATE: 503-485-1900. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Prime South Salem Investment Opportunity! Near the Salem Convention Center and downtown amenities, this historic two-story office building, built in 1900, offers a flexible layout. The main level features a reception area and four private offices, while the lower level includes a reception area and four partitioned workspaces. Currently occupied by a single tenant, the property can easily accommodate multiple tenants with separate entrances for each level. Well-maintained and ideally located near downtown.

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Willamette Valley MLS logo © 2026 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. Data last updated: 2026-08-12T23:08:48.81.
www.suelongrealty.com/homes/179101247
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245 Oak SE Salem, OR 97301

  • Price: $520,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 34 min ago
  • MLS #: 843735
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,892
SQFT
$275
$/SQFT
1900
Built
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
Prime South Salem Investment Opportunity! Near the Salem Convention Center and downtown amenities, this historic two-story office building, built in 1900, offers a flexible layout. The main level features a reception area and four private offices, while the lower level includes a reception area and four partitioned workspaces. Currently occupied by a single tenant, the property can easily accommodate multiple tenants with separate entrances for each level. Well-maintained and ideally located near downtown.
Exterior Features

Access Paved Foundation Slab Frontage Feet 65 Roof Composition Siding Wood Trailer Parking No View Water Frontage

Interior Features

Basement Finished Heating Central ACForced AirGas

Property Features

Adjusted Gross Income 29539 Commercial Type Office Cross Street Commercial Flood Plain No High Speed Comm Access Available Janitor Lawn 1639 Maintenance 2800 Mgmt Acct 2400 New Construction No Owner Managed Yes Owner Occupied No Property Taxes 5088 Property Use Type BusinessInvestment Sewer City Source Of Square Feet County Suitable For Office Institutional/GovOffice BuildingOffice-R&D Tax Amount 5246 Tax Years 2025 Tenancy MultipleSingle Terms Seller Will Consider CashConventional Water City Zoning Salem-MU-R

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 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. Data last updated: 2026-08-12T23:08:48.81.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of BLUM REAL ESTATE: 503-485-1900. Listing information © 2026 Willamette Valley Multiple Listing Service