Date
Details
Price
Change
Source
7/02/2026
Listed
$3,199,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Iconic Central Downtown location between the 2 bridges! Location of the Oregon State Marine Board with plenty of room to add your business in the rest of the spaces. Super high traffic counts, great signage and visibility. This property can be mostly owner occupied or used as an investment property. Classic architecture and modern ADA amenities abound in this 1-level office building. 330' of frontage on Commercial Street, the gateway from Keizer into Downtown Salem
Full Property Details
Full Property Details for 435 Commercial St
General
- Price: $3,199,999
- Taxes: $70,690 (2025)
- Status: Active
- Type: Office
- Source: RWMLS
- MLS ID: 618140130
- Updated: 7/2/2026
- Added to Site: 4 day(s) ago
Parking
- Parking Features: On Site
Location
- County: Marion
- Driving Directions: Marion and Center
Community
- Community Name: 174 - Marion Co: Central Salem
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Stories/Levels: 1
- Square Feet: 21,851
- Current Bldg. Use: Office
- Year Built: 1948
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 1.26
- Lot Size (Sq. Ft.): 54,885
- Lot Size: 1 to 2.99 Acres
- Frontage: Paved
Financial Considerations
- Tax Amount: $70,690.31
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SALEM, BLOCK 51, LOT 1, 2, 3 & 4, ACRES 1.26
- Property ID: 589368
Listed by SMI Commercial Real Estate LLC (503) 390-6060, Elesa Doll (503) 884-1273
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Listing agent
— 435 Commercial St —
Elesa Doll
SMI Commercial Real Estate LLC
503-390-6060
NMLS#: 1598647
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Schools
Schools serving 435 Commercial St
School District:Salem-Keizer School District 24j
| Name | Grades | Distance |
|---|---|---|
Grant Community School 725 Market Street Northeast, Salem, OR 97301 | PK-5 | 0.7 mi |
Parrish Middle School 802 Capitol Street Northeast, Salem, OR 97301 | 6-8 | 0.7 mi |
North Salem High School 765 14th Street Northeast, Salem, OR 97301 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 435 Commercial St
Estimate the Cost
Estimate the Cost for 435 Commercial St
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 1Total Bath
- 2,112Sq. Ft.
Listed By: JENNY. MORROW | Coldwell Banker Mountain West Real Estate, Inc.
- Single Family
- Active
- Updated 6 days ago
- 6Beds
- 4Total Baths
- 2,628Sq. Ft.
Listed By: ANGIE. MILLARD | Heart & Soul Realty
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,905Sq. Ft.
Listed by Premiere Property Group, LLC, Melinda Miller
- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 1Total Bath
- 1,302Sq. Ft.
Listed By: HAYLEY. KEMPER | John L. Scott-Salem
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,848Sq. Ft.
Listed By: KATHY. HAUGE | Legacy Real Estate
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,402Sq. Ft.
Listed By: BRIAN. MCVAY | Homesmart Realty Group - Keizer and APRIL. MCVAY | Homesmart Realty Group - Keizer
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,052Sq. Ft.
Listed By: SEAN. ANDERSON | Homestar Brokers
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 3,046Sq. Ft.
Listed By: DINAE. FITZKE | Bella Casa Real Estate Group-Silverton
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,687Sq. Ft.
Listed By: PAUL. TERJESON | Keller Williams Realty -Albany
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
- Farm
- Closed
- 4Beds
- 3Total Baths
- 2,687Sq. Ft.
Listed by Keller Williams Realty Mid-Willamette, Paul J Terjeson
Sold by No Office, Non ODS Realtor
Sold by No Office, Non ODS Realtor
- Single Family
- Sold
- 4Beds
- 3Total Baths
- 2,687Sq. Ft.
Listed by Keller Williams Realty Mid-Willamette, Paul Terjeson and Keller Williams Realty Mid-Willamette, Jennifer Blake
Sold by Non Rmls Broker, OR and WA Non Rmls
Sold by Non Rmls Broker, OR and WA Non Rmls
435 Commercial St, Salem, OR 97301 (MLS# 618140130) is a Office property. 435 Commercial St is currently listed for $3,199,999 and was received on July 02, 2026. Want to learn more about 435 Commercial St? Do you have questions about finding other Office real estate for sale in Central Area? You can browse all Central Area real estate or contact a Coldwell Banker agent to request more information.