Commercial Real Estate in Salem available for sale
Salem 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in Salem, OR, USA

More details for 400 High St NE, Salem, OR - Retail for Sale

Downtown Salem Department Store - 400 High St NE

Salem, OR 97301

  • 1031 Exchange Property
  • Retail for Sale
  • $10,907,214 CAD
  • 164,134 SF

Salem Retail for Sale - Marion County

Colliers International is pleased to present the exceptional redevelopment opportunity at 400 High Street NE in Salem, Oregon – an iconic, full-block former department store positioned at the heart of Oregon’s capital city. Totaling 188,144 square feet of retail, office, and utility space spread across three primary floors and mezzanine, the property occupies a 2.65-acre site with signalized intersections on all four corners and combined traffic volumes in excess of 35,000 vehicles per day. The asset includes a five-story secured parking structure with more than 600 stalls, providing unmatched downtown parking capacity and direct access into multiple points of the building. A private skybridge connects the property to the adjacent Salem Center Mall, offering seamless integration with a roster of national retailers such as Kohl’s, American Eagle, Victoria’s Secret, Kay Jewelers, Famous Footwear, and others. Originally designed as a regional anchor store, the building features the infrastructure and attributes expected of a major retailer including high clear heights, multiple loading docks, truck wells, and a freight elevator. The site benefits from its uniquely prominent position within Salem’s governmental and commercial core and sits within walking distance to the Oregon State Capitol, Willamette University, and Salem Hospital, all while boasting a Walk Score of 92. With full vacancy and flexible CB zoning, the property is well suited for a wide range of potential uses including large-format retail, mixed-use redevelopment, government agency occupancy, adaptive reuse, or an owner-user campus. Investors may also take advantage of the property’s location within an Opportunity Zone and Salem's Riverfront Downtown Urban Renewal Area, both presenting pathways for significant rehabilitation grants in excess of $750,000 along with tax credits and additional incentive programs. Offered at a price far below replacement cost, the property represents a rare chance to control an entire city block in a swiftly revitalizing downtown corridor surrounded by emerging developments, improving fundamentals, and substantial public-sector investment.

Contact:

Colliers

Property Subtype:

Department Store

Date on Market:

2026-04-08

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More details for 725 Shipping St NE, Salem, OR - Specialty for Sale

Salem Columbus Club - 725 Shipping St NE

Salem, OR 97301

  • 1031 Exchange Property
  • Specialty for Sale
  • $1,103,147 CAD
  • 10,560 SF

Salem Specialty for Sale - Marion County

Prime 12-Unit Redevelopment Opportunity in the Heart of Salem Unlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salem’s growing demand for urban housing, this concept maximizes the lot’s efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights: - Density & Scale: Optimized site layout for a 12-unit multi-family build. - Strategic Location: Blocks away from local transit, shopping, and major employment hubs. - Infrastructure Ready: Existing utility access simplifies the initial phases of site prep. Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce. Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas. Building currently is leased to existing tenants on a month-to-month basis.

Contact:

Kithkin Real Estate

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2025-02-24

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More details for Wipper Rd, Salem, OR - Land for Sale

Flat 68 Ac South of Amazon on UP Main Line - Wipper Rd

Salem, OR 97309

  • 1031 Exchange Property
  • Land for Sale
  • Price Upon Request
  • 68 AC Lot
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More details for 2151 National Ct SE, Salem, OR - Multifamily for Sale

2151 National Ct SE

Salem, OR 97306

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,139,045 CAD
  • 4,092 SF
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1031 Exchange Properties for Sale within 50 kilometers of Salem, OR, USA

More details for 430 Metzler St, Molalla, OR - Multifamily for Sale

430 Metzler St

Molalla, OR 97038

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,346,144 CAD
  • 6,500 SF
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More details for 2034 SW Fellows St, McMinnville, OR - Multifamily for Sale

2034-2048 SW Fellows - 2034 SW Fellows St

McMinnville, OR 97128

  • 1031 Exchange Property
  • Multifamily for Sale
  • $796,641 CAD
  • 2,100 SF
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More details for 625-661 Pacific Hwy, Rickreall, OR - Industrial for Sale

Rickreall Industrial and Retail - 625-661 Pacific Hwy

Rickreall, OR 97371

  • 1031 Exchange Property
  • Industrial for Sale
  • $1,926,021 CAD
  • 4,326 SF
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More details for 103-105 S Water St, Silverton, OR - Retail for Sale

103-105 S Water St

Silverton, OR 97381

  • 1031 Exchange Property
  • Retail for Sale
  • $931,946 CAD
  • 2,480 SF
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More details for 500 E Illinois St, Newberg, OR - Industrial for Sale

500 E Illinois St

Newberg, OR 97132

  • 1031 Exchange Property
  • Industrial for Sale
  • $14,634,997 CAD
  • 108,023 SF
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Conferencing Facility
  • Controlled Access
  • Reception
  • Smoke Detector

Newberg Industrial for Sale - Yamhill County

Premier 5.59 acres and an attractive +/-103,723 SF industrial building in Newberg, Oregon. Available for lease or sale. Unique opportunity for those seeking existing heavy power infrastructure with high-span ceilings, built in cranes, rail spur, ample parking and a generous yard. Perfect "re-shore ready" property. The building has years of built-in investment (power, utilities, construction and location). DEQ certified clean. Located M2 light Industrial zone and in the NEWBERG ENTERPRISE ZONE (3-5 year Personal Property Taxes on Eligible Equipment and Machinery and property tax exemption on new construction, additions, and equipment—potential savings of hundreds of thousands) M2 allows a broad range of uses, including: advanced and/or traditional manufacturing, assembly, food/beverage processing, distribution/logistics, technology R&D campus, re-shore opportunities and industrial flex. The building is fully leased to PPM Technologies through January 2027. An early-release may be available. The building offers clear door heights ranging from 8’ to 26’. There are nine grade-level doors, two dock-high doors, ample 3-phase power 825 kVA (heavy power), and +/-1 acre of the 5.59 acre parcel that is available land for development. There are 5 bridge cranes and 5 jib cranes with weight capacities from 3 to 5 tons among 10 cranes. The building was renovated in 2020 and it has a modern exterior-look and updated office and lobby area. Large, paved work yard/ample truck loading and 149 paved parking spaces. The building is "Sprinklered" with both a wet and dry system. Cooler space is available. Large media blasting & spray booths. The building has a dedicated railroad spur with an elevated loading platform and two rail-loading doors. The property is considered a part of the Portland metropolitan area and can serve as regional distribution hub. Located approximately 13 miles from 1-5 (Donald exit) and 15 miles to I-5 (Tualatin exit); Highway 99w is 4 blocks away and Portland PDX Airport is 35 miles away. George Fox University is 5 blocks away. The Highway 99W and Highway 18 corridor connect to the Oregon Coast Range, the rich farmlands of the Yamhill, Willamette, and Tualatin Valleys and it is known as the "gateway to Oregon Wine Country". Newberg is a fast-growing, dynamic community with a high standard of livability and a skilled work-force. This property and building are an amazing opportunity for single user or multi-tenant scenarios including for example metal and steel fabricators; modular construction companies; automation equipment builders; ag and trailer equipment manufacturers; EV/battery component suppliers. Lease or Sale is available.

Contact:

Andre & Kathy Meyer

Property Subtype:

Manufacturing

Date on Market:

2026-02-01

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More details for 518 SW 3rd St, Corvallis, OR - Office for Sale

518 SW 3rd St

Corvallis, OR 97333

  • 1031 Exchange Property
  • Office for Sale
  • $842,203 CAD
  • 3,060 SF
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