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Investment Highlights

  • 8 dock access points | 9 grade level bay door access points
  • Ample parking for employees and visitors
  • High-capacity utilities supporting heavy operational demands (480 3-phase)

Executive Summary

1935 Vista Avenue Southeast delivers a purposeful multi-tenant industrial properety designed with intention. The
property combines well-planned dock/grade access points, brand visibility, adequate parking for flex uses,
showroom and office infrastructure, and paved sceure yard area. Dual loading access, 22' clear height, and durable
finishes allow occupants to tailor workflows without major renovation needs which is why this property has
maintained solid occupancy levels over time, and underwmarket absorption timelines when vacnacies arise. Quality
construction affords reliable infrastructure while the configuration promotes seamless circulation for personnel and
vehicles. This asset is positioned to serve an industrial tenant looking for scaled growth over time or investors seeking
a lower risk high quality asset.
Strategically located in Salem’s primary industrial corridor along Vista Avenue SE, this property offers convenient
access to two I-5 on ramps points, Hwy 22 servicing Central Oregon and the coast, and proximity to Salem Airport.

Property Facts

Price $10,802,222 CAD
Price Per SF $225.07 CAD
Sale Type Investment NNN
Cap Rate 6.24%
Property Type
Industrial
  • Flex Showroom
  • Industrial Service
  • FlexLight Distribution
Rentable Building Area 47,995 SF
No. Stories 2
Year Built 2006
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 9
Opportunity Zone Yes
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
574661
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,411,981 CAD
  • Listing ID: 40384062

  • Date on Market: 2026-05-03

  • Last Updated:

  • Address: 1935 Vista Ave SE, Salem, OR 97302

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