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387 Court St NE 4,200 SF Office Building Salem, OR 97301 $1,807,716 CAD ($430.41 CAD/SF)
EXECUTIVE SUMMARY
This professional office building is in the core of downtown Salem. Located on the vibrant Court Street between Liberty and Commercial Streets, this building offers a unique opportunity for street-level retail-like professional office space. Beautiful exposed brick with up to eight private offices, spacious conference room and copy/break room. Partial basement ideal for storage. Buyer to complete due diligence for occupancy of basement.
Central Business zoning allows for a wide array of uses in this prime location downtown. Neighboring businesses include Jackson’s Jewelers, Bentley’s Coffee, the Reed Opera House and access to Electric Alley, Salem’s most activated alley. Convenient parking located around the alley corner from the Chemeketa Parkade.
Central Business zoning allows for a wide array of uses in this prime location downtown. Neighboring businesses include Jackson’s Jewelers, Bentley’s Coffee, the Reed Opera House and access to Electric Alley, Salem’s most activated alley. Convenient parking located around the alley corner from the Chemeketa Parkade.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
4,200 SF
Building Class
B
Year Built
1920
Price
$1,807,716 CAD
Price Per SF
$430.41 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,200 SF
Slab To Slab
13’
Building FAR
1.07
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
CB
AMENITIES
- Bus Line
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 589219 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $561,252 CAD |
PROPERTY TAXES
Parcel Number
589219
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$561,252 CAD
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387 Court St NE
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