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173 Salem Heights Ave SE
Salem, OR 97302
Office Property For Sale

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Executive Summary

Positioned in the desirable South Central Salem submarket, this site at 173 Salem Heights Ave SE offers a rare opportunity to acquire a well-located parcel with strong development potential. With direct access to Salem’s arterial roadways and proximity to downtown, the property is ideally suited for a range of commercial or mixed-use applications. The parcel benefits from excellent visibility and accessibility, situated just off Liberty Road and minutes from major retail corridors, civic institutions, and residential neighborhoods. The surrounding area includes a mix of medical offices, retail centers, and multifamily housing, reinforcing the site’s viability for owner-user or investor-driven development. Salem, Oregon’s capital city, continues to attract businesses and residents with its balanced cost of living, growing population, and proximity to Portland (just under an hour north). The city offers a robust labor pool, favorable business climate, and access to regional transportation including I-5, Amtrak, and the Salem Municipal Airport.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,330 SF
Building Class
C
Year Built
1955
Price
$746,350 CAD
Price Per SF
$320.32 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,165 SF
Building FAR
0.17
Lot Size
0.32 AC
Zoning
MU
Parking
3 Spaces (1.29 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
572585
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$260,761 CAD
  • Listing ID: 37692342

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 173 Salem Heights Ave SE, Salem, OR 97302

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