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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Additional details
Listed by Evans, Elder, Brown & Seubert
$ 8,000,000
Est. payment /mo
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Price Dropped by $825K

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 $192

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)

Amenities & Attractions

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Public Services & Government
Education
Pets
Local Media
  • Ram Restaurant & Brewery

    515 12th St SE, Salem, OR 97301

    American (Traditional) Phone: 503-363-1904

  • Bistro Willamette

    900 State St, Salem, OR 97301

    Cafes Phone: 503-370-6900

  • Subway

    1127 NE Broadway St, Salem, OR 97301

    Sandwiches

  • 503 Sushi Bar

    189 Liberty St NE, Salem, OR 97301

    Japanese Phone: 503-364-7777

  • Goudy Commons Cafe

    900 State St, Salem, OR 97301

    Phone: 503-370-6005

  • Love Love Teriyaki II

    360 High St NE, Salem, OR 97301

    Japanese Phone: 503-566-6860

  • First Due Smokey BBQ

    1190 Broadway St NE, Salem, OR 97301

    Barbeque Phone: 503-929-9743

  • McMenamins Boon’s Treasury

    888 Liberty St. NE, Salem, OR 97301

    Breweries Phone: 503-399-9062

  • Thai Orchid Restaurant

    285 Liberty St NE, Salem, OR 97301

    Thai Phone: 503-391-2930

  • Blind Spot Cafe

    555 Liberty St SE, Salem, OR 97301

    American (Traditional) Phone: 503-363-4065

  • La Margarita

    545 Ferry St SE, Salem, OR 97301

    Mexican Phone: 503-362-8861

  • The Soup Shack

    189 Liberty St NE, Salem, OR 97301

    American (New) Phone: 503-983-3938

  • Eat Pizza!

    401 Center St NE, Salem, OR 97301

    Pizza Phone: 503-391-4830

  • Croissant & Co Downtown

    190 High St SE, Salem, OR 97301

    Bakeries Phone: 503-362-7323

  • Table Five 08

    508 State St, Salem, OR 97301

    Beer, Wine & Spirits Phone: 503-581-5508

  • Fresh Elements

    364 Center St NE, Salem, OR 97301

    Asian Fusion Phone: 503-581-1668

  • Linae’s Cafe

    585 Liberty St SE, Salem, OR 97301

    Phone: 503-585-8818

  • Marco’s Place

    615 High St NE, Salem, OR 97301

    Mexican Phone: 503-385-8816

  • Subway

    155 Liberty St NE, Salem, OR 97301

    Fast Food Phone: 503-391-7623

  • Big Wig Donuts

    102 Liberty St NE, Ste 120, Salem, OR 97301

    Gluten-Free

  • Sweeteatz

    210 Liberty St Se, Salem, OR 97301

    Desserts Phone: 503-983-0310

  • Marco Polo Global Restaurant

    300 Liberty St SE, Salem, OR 97301

    Cantonese Phone: 503-364-4833

Eduardo Reyes

Eduardo Reyes

Broker

+1(971) 282-1806

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198 COMMERCIAL ST