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$2,900,000
213 Days On Site

388 Commercial St NE
Salem, OR 97301

For Sale|Retail|Active
0
Beds
0
Total Baths
13,448
SqFt
$216
/SqFt
1911
Built
County:
Marion
Listing courtesy of MIKE MOSAR of MOSAR COMMERCIAL PROPERTIES mike@mosarcommercial.com 971-273-7670,
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388 Commercial St NE388 Commercial St NE388 Commercial St NE388 Commercial St NE
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Highly visible retail/office/medical property building at lighted intersection of Commercial and Center. Seller would like to lease back for 5-year period with options to renew providing a 6,933 SF space for an owner occupant, plus basement storage. Great SBA loan lending option or an investment hold property.

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Listing Snapshot
Price 
$2,900,000
Days On Site 
213 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,448 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1911
MLS Number 
841356
Status 
Active
Property Tax 
$155,563
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS
5 months agoStatus changed to Active
5 months agoPrice changed to $2,900,000
7 months agoListing first seen on site
General Features
Acres 
0.32
Additional Property Use 
Medical/DentalOfficeWarehouse
Cross Street 
Center St
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
13448
Water Source 
Public
Zoning 
CB
Interior Features
Basement 
Partial
Heating 
Forced AirNatural Gas
Interior 
High Speed Internet
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Community Features
Financing Terms Available 
CashConventional
Listing courtesy of MIKE MOSAR of MOSAR COMMERCIAL PROPERTIES mike@mosarcommercial.com 971-273-7670



Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026, Willamette Valley MLS.
Last checked: 2026-11-02 09:44 PM UTC

Neighborhood & Commute
Source: Walkscore
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