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$1,550,000
5 Beds ⋅ 5 Baths
One of Salem’s finest! This Kaufman-built home offers timeless architecture, exceptional craftsmanship, & sweeping west-facing views. Situated on nearly one acre in premier Candalaria location, the property has been extensively remodeled with the best of finishes throughout. Chef’s kitchen at the heart of the home w/ Sub Zero refrigeration, Wolf cooking, & Carrera slabs. Main floor primary suite w/ exquisite bath, fireplace and private office. Enjoy a setting that perfectly blends privacy with convenience.

3200 Crestview Dr S, Salem

Listing Courtesy of RE/MAX INTEGRITY - SALEM. Cell: 503-931-8516

$995,000
Introducing an exceptional investment opportunity in a quality building, at just $106/SF. This well-built hangar/office/multi-purpose building served as a former Dutch Bros Coffee training and HQ offices for the local franchisee. This 9,420 Total SF prime property boasts a corner location at Aerial Way and 25th Ave SE. At 6,000 SF of first floor building (60'x100' -- 7,000 SF per county) and 3,420 SF of mezzanine. The property offers modern amenities and a solid foundation for diverse use. Zoned PS to accommodate a wide range of activities, this well-situated location in the heart of Salem adds further appeal. Don't miss out on the chance to invest in this 18-year-old property with substantial potential for future growth and profitability. The first floor consists of approximately 1,024 SF of office, 1,750 SF of "training/open" area, and 3,086 SF of hangar area, plus a massive 3,420 SF mezzanine on the 2nd level. The hangar door measures roughly 50' x 17'. Property is subject to a City of Salem airport ground lease at $8,306.19/year. The lease appears to be re-cast every 5 years (years ending in zero and 5) and is subject to a public appraisal.2 Restrooms (mens & womens)Kitchen area3 private officesTraining/Assembly areaHangar areaMezzanine (enclosed and deck)High-quality buildout & buildingAirport addressClose to I-5Runway accessPrivate parking(All interior SF measurements are approximate. Buyer to verify.)

2545 Aerial Way Se, Salem

Listing Courtesy of SPERRY - PIKES NORTHWEST. Cell: 503-569-0074

$8,215,000
Presenting one of Salem's most iconic, beautifully renovated office buildings, ideally positioned in the heart of Salem within the Central Core Business District on one of the highest-trafficked corners in the city. The building features 100% occupancy, Price reduced, 8.6% CAP Rate! Over $2 million in recent renovations, blending historic character with modern upgrades. Anchored by A+ long term State of Oregon tenants, this is a rare opportunity to acquire a stable landmark asset in a prime Salem location!

198 Commercial St Se, Salem

Listing Courtesy of CENTURY 21 NORTH HOMES. 541-350-0690

$1,449,000
5 Beds ⋅ 9 Baths
Exceptional custom home on a beautiful private 5 acre parcel located in the West Salem hills. Beautiful grounds surrounded by mature trees, views of Mt Hood, fenced area, (to keep the deer out!) & 1560 sq ft shop for all the hobbies. This home has a true dual living quarter, the ultimate work out room and flex space. Home features a state-of-the-art geothermal heat system and so much more!

2730 Brush College Rd Nw, Salem

Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF. Agent: 503-551-6100

$1,600,000
This sale-leaseback retail opportunity in Salem features a reliable, passive income stream with long-term, stabilized tenant committed to the location and the business. El Ranchero is a very well-known high volume local business featuring on-site food & beverage, as well as abundant grocery, deli, and retail selections.Pricing offers a 7% CAP rate with NNN structure, 10-year term with options, and flexible lease terms. Tenant will assume responsibility for all on-site maintenance. The business has been there since 2019, anchored by Dollar Tree on a strategic, high-traffic commercial location. The property offers a blend of capital appreciation and immediate risk-adjusted returns for any investor.Updated financials and OM coming soon.Text / Call LA with questions.

2615 Lancaster Dr Ne, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. 541-514-1779

$1,075,000
7 Beds ⋅ 6 Baths
A perfect blend of Elegance, Space and attention to detail. Expansive home with over 6,000 sq ft of thoughtfully designed space great for entertaining and daily living. This beautiful home features 8 bedrooms, 5.5 baths, amazing Theater room. Fm RM, Lv Rm, Bonus Rms, formal & informal dining. Storage spaces are plentiful throughout. Prime location in beautiful SE Salem. New Roof 2026. Sub Zero blt in Kit refrigerator, Dbl ovens, red oak wood floors, wood wrap wainscoting, crown molding, luxury carpet. Well thought-out plan with 2 Furnaces, 2 water heaters, Pantry storage and laundry shut. From the laundry room to the living room, you'll find room for everything. One bedroom is used as an office with blt-in shelves. Lovely plantation shutters. Sweet loft area makes an ideal reading nook. Outdoor sports court and private backyard. Additional storage area off garage. 3 car garage and RV Pad.

5425 Woodmill Dr Se, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Direc: 503-851-6300

$2,500,000
5 Beds ⋅ 7 Baths
Tour of Homes luxury estate on acreage with stunning valley views! This exceptional residence showcases exposed beams, curved entryways, and high-end finishes throughout. A single-level layout with a full basement offers excellent dual living potential. Enjoy 5 spacious bedrooms—each an en suite with walk-in closets—along with 2 half baths. The chef’s kitchen is designed to impress, featuring a 60” gas range, oversized island, and a fully equipped butler’s pantry with an additional dishwasher. The lower level is ideal for entertaining with a wet bar complete with mini fridge, ice maker, and dishwasher. Elevated finishes include custom cabinetry, engineered hardwood (waterproof and wear-resistant) and tile flooring throughout—including limestone—natural stone countertops, custom iron railings, and thoughtfully curated lighting and plumbing fixtures. Venetian plaster accents enhance the master shower, range hood, and fireplace, while radiant heated tile floors bring comfort to the upstairs suites. Smart and functional upgrades include Lutron smart home lighting, integrated indoor/outdoor sound, a constant pressure water system with filtration, and a washer/dryer conveniently located in the primary closet.Outdoor living is equally impressive, featuring a covered deck, full outdoor kitchen with a 44” gas range, refrigerator, and pass-through window, gas heaters in the dining area, and an outdoor gas fire table—perfect for year-round enjoyment. The property also offers a hot tub, irrigated landscaping with lighting and raised garden beds, hot/cold outdoor water spigots, and built-in dog kennels with a dedicated dog wash. Additional highlights include a paved asphalt driveway leading to a 1,500 sq ft 3-car garage (mini-split ready and pre-wired), plus an additional 1,200 sq ft of flexible space—ideal for storage, a home office, gym, or more.

5501 Lipscomb St Se, Salem

Listing Courtesy of HOMESMART REALTY GROUP. Cell: 503-510-5326

$850,000
Freestanding, highly visible office/retail building on Lancaster Drive NE. Heavy traffic flow on Lancaster. Good signage. Has 25 parking spots.Property is currently leased to H&R Block with a lease that is expiring soon.Owner will consider carrying a short term contract with a substantial down payment.

1361 Lancaster Dr Ne, Salem

Listing Courtesy of SHARON WOODS REAL ESTATE. Direc: 503-871-5971 Selling Office: SHARON WOODS REAL ESTATE.

$22,250,000
201 Beds ⋅ 189 Baths
88 units - new construction. COMP DATA

4624 Lancaster Dr Ne, Salem

Listing Courtesy of SMI REAL ESTATE. 503-390-6060 Selling Office: SMI REAL ESTATE.

$450,000
Property was a former auto shop/garage. There is a detached building that has two small separate rooms and large parking area to the south of property. The main area has multiple rooms, bathrooms, kitchen and small living area upstairs. The owner has rented out rooms on the property. Property shares parking to the N with Swegle Elementary.POSSIBLE USES INCLUDE:Retail(No marijuana, tobacco, liquor or pawn shops.)DaycareCounseling ServicesBasic EducationOutpatient Medical ServicesRES #802897

1776 Aguilas Ct Ne, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777 Selling Office: METRO-WEST REALTY.

$1,550,000
This is a combination of a fully leased retail strip center and a 2788 SF office building that is located on the back side of the strip center, with the driveway on Baxter. The office building is vacant but is in great condition. This is a perfect opportunity for an owner-user for the office with income-producing property included. Great location in South Salem across from Walmart and Carl's Jr.

5395 Commercial St Se, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. AGENT: 503-566-5706 Selling Office: COLDWELL BNKR/COMMERCIAL DIV.

$1,200,000
5 Beds ⋅ 4 Baths
Escape to your private oasis! This stunning, fully remodeled, 5BR/4BA home boasts a park-like backyard with covered heated decks, advanced landscaped patios, sportscourt, firepit, hot tub & stream. Chef's kitchen opens to living/dining areas. Work from home in the open office. Lower level offers 4 beds, 2 baths, gym, game room, mini-kitchen & living room (potential ADU). Minutes to downtown Salem! Just appraised at $1,500,000. Listing broker has ownership interest.

725 Palisades Dr Se, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 503-836-8749 Selling Office: BERKSHIRE HATHAWAY HOMESERVICES R E PROF.

$1,075,000
15 Beds ⋅ 8 Baths
8 units consisting of (7) 2 bed / 1 bath and (1) 1 bath/ 1bath. Below market rents w/significant upside. 1 unit was recently renovated. Property is professionally managed allowing for hassle-free ownership if buyer desires to retain management. Current 5.76 cap rate based on actual data. Ideal for investors seeking appreciate and higher ROI. Prime location with strong rental demand. Located less than one block east of North Salem High School and close to Parrish Middle School. Do not disturb the residents

1416 D 1456 St Ne, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 971-707-0335 Selling Office: COLDWELL BNKR/COMMERCIAL DIV.

$1,690,000
12 unit apartment complex plus one single family dwelling for sale in West Salem. Units range from 1-4 bedrooms. Slightly below market rent for some units. Contact listing office for more information.

1053 Ruge 1085 St Nw, Salem

Listing Courtesy of MOSAR COMMERCIAL PROPERTIES. 971-273-7670 Selling Office: NON-MEMBER SALE.

$950,000
Historical Iconic Macleay Country Inn Restaurant & Macleay country Store! Includes seven Tax Lot's total. A restaurant business, A Residential house & flat buildable 2.12 acre parcel directly behind the restaurant with a well. Business opportunities are endless! Zoning is Community Commercial & RA. Buyer to do their own diligence for various uses but many possibilities Bldg SF Coml bldg approx 6,039 +/- SF. Restaurant - aprox 3,987, Store aprox 2052.All offers considered. See WVMLS# 812702, 796098,796099.

8362 Macleay 8372 Rd Se, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-551-5320 Selling Office: CROWN REAL ESTATE GROUP.

$1,489,000
5 Beds ⋅ 5 Baths
A rare opportunity to own a luxury estate blending timeless design with elegant comfort on 3.88 private prime location acres. This 5BD, 4.5BA custom home is a showcase of elevated craftsmanship, with soaring wood beamed ceiling in living room, and handcrafted built-ins. At the heart of the home, the gourmet kitchen offers custom cabinetry, stainless steel appliances, granite countertops, cook island, and spacious nook.

9684 Ankeny Crest Ln S, Salem

Listing Courtesy of CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY. Cell: 630-854-2779 Selling Office: JMG JASON MITCHELL GROUP.

$2,500,000
38 Beds ⋅ 27 Baths
Discover Tamara Manor: Your smart investment choice! Ideal location near major employers, I5 access. 16 inviting 2-bedrooms, 2 expansive 3-bedrooms, all below market rents. Recent upgrades, 11 remodeled units, 6 vintage with loyal, long-term tenants. Achieve a 5.86% Cap rate based on actual operating data. Owner financing available. Your gateway to affordable comfort and savvy investment awaits in this upgraded 18-unit haven.

2728 Lancaster Dr Se, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 971-707-0335 Selling Office: SMI REAL ESTATE.

$1,354,050

1264 Lancaster B Dr N, Salem

Listing Courtesy of SVN COMMERCIAL ADVISORS, LLC. Direc: 503-588-0400 Selling Office: SVN COMMERCIAL ADVISORS, LLC.

$975,000
Warehouse+Office+Showroom building FOR SALE. This 7,168 SF freestanding building features 2 huge open warehouse rooms w/ 3 13ft roll up doors, soaring ceiling heights & skylights that bring in tons of natural light. Small office w/ a 2nd office upstairs + a huge glass walled showroom & 2 restrooms. Equipped w/ 240v power, new LED lighting & new roof. Excellent visibility, tons of parking on this large .23 acre lot w/ 3 additional parcels for sale to be NEG - lots not to be sold separately. Zoning is IC.

1515 13th St Se, Salem

Listing Courtesy of SMI REAL ESTATE. Cell: 503-884-1273 Selling Office: COLDWELL BNKR/COMMERCIAL DIV.

$1,000,000
3 Beds ⋅ 4 Baths
Welcome to this stunning home designed for unforgettable entertaining. The main level offers two spacious bedrooms with en-suites, an elegant office, and an open living area with a gas fireplace and breathtaking views. The chef’s kitchen boasts double islands, granite countertops, and a wet bar. The daylight basement features a family room, full wet bar, theater room, and guest suite. Expansive decks and a four-car garage complete this entertainer’s dream. Schedule a tour today!

3480 Eola Dr Nw, Salem

Listing Courtesy of THE SALEM REAL ESTATE GROUP. Cell: 503-470-7102 Selling Office: LUXICA REALTY.

$1,980,000
It is located on the eastern fringe of the Downtown Urban Renewal District boundary so incentives are available for redevelopment projects, especially involving residential housing. The building is located directly across from the downtown transit center and one block to the grounds of the Oregon State Capitol. The building measures 87,241 sq. ft. with 42,241 of that being in the basement.Excess parking lots available for individual sale.

280 Church St Ne, Salem

Listing Courtesy of SVN COMMERCIAL ADVISORS, LLC. Direc: 503-588-0400 Selling Office: NON-MEMBER SALE.

$736,100
5 Beds ⋅ 5 Baths
Come see this spacious custom-built home with multigenerational/dual living. Loaded w/ up to 50k in updates & beautiful design touches throughout! 2020 new roof and exterior paint! This well-planned 5BR, 4.5BA, 5157 SF provides the perfect retreat for all your family & guests! Kitchen w/ SS appliances, custom cabinets, ample countertop space and storage! Relish in the peacefulness of your expansive 1000 SF master suite.

2130 Marvin Ct Nw, Salem

Listing Courtesy of KELLER WILLIAMS CAPITAL CITY. 971-718-1725 Selling Office: KELLER WILLIAMS CAPITAL CITY.

$2,800,000
Free standing professional office building that features a flexible mix of private offices, conference rooms, a break room, and an open are to accommodate a number of uses. Nearby businesses included Pence Construction, Thomas Kay Flooring and Interiors, Salem Gymnastics and Praxair Welding Gas and Supply Store.

2755 Pence Loop Lp Se, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777 Selling Office: NON-MEMBER SALE.

$1,220,000
4 Beds ⋅ 3 Baths
Majestic views with wow factor! Designed with intention to feel spacious offering understated elegance. Gourmet kitchen is a chef's dream! Main level features bonus room, office, bedroom & full bath. Primary suite has private deck, jetted tub, travertine tile throughout & impressive closet. Lower level offers 2 additional bedrooms, full bath, laundry, kitchenette & private access/covered patio and currently used as short term rental w/possible dual living. Seller is an Oregon licensed Real Estate Broker.

1235 Ankeny Heights Ln S, Salem

Listing Courtesy of BRIGHTHOME REAL ESTATE GROUP. Cell: 503-580-7190 Selling Office: HOMESMART REALTY GROUP.

$39,300,000
357 Beds ⋅ 321 Baths
COMP DATASpring Woods is a 174-unit apartment community located in Salem, OR. This new construction property was built in phases, with buildings delivered from July 2024 to May 2025. The property’s total rentable space is equal to 174,129 square feet.

4040 Hayesville Dr Ne, Salem

Listing Courtesy of SMI REAL ESTATE. 503-390-6060 Selling Office: NON-MEMBER SALE.

$650,000
3 Beds ⋅ 2 Baths
INVESTMENT OPPORTUNITY... The Oxford Village MHP , The main home built in 1940 is a 3 bedroom /2 bath 2200 sqft with unfinished basement, 1 duplex , 4 Cottages, 2 single wide Manufactured homes, and 5 RV spaces. Owner lives in main home, all other dwellings are rented, along with 3 RV spaces rented, has a community green space in center of complex. The Duplex is 968 sqft each side , the cottages are between 496-600 sqft . There is electric and gas on the property. Great opportunity. Do not walk on property

1720 Oxford 1740 St Se, Salem

Listing Courtesy of SUNDANCE REALTY LLC. Cell: 503-559-1880 Selling Office: COHO REALTY.

$3,399,630
Medical/office building located in South Salem. Excellent visibility and signage. The property has solar panels on the roof and an electric car charging port.

2720 Commercial St Se, Salem

Listing Courtesy of MOSAR COMMERCIAL PROPERTIES. 971-273-7670 Selling Office: SVN COMMERCIAL ADVISORS, LLC.

$2,050,000
A 2-story, 11,124 SF office/medical building in West Salem with a permitted prospective pad site allowing for an additional 2-story office building with 3,038 SF on the 1st floor and 1,145 SF for the 2nd floor. The existing 11,124 SF masonry office, built in 2007, is elevator served, with two sets of stairs leading to the 2nd floor. The 1st floor is approx. 7,656 SF, while the 2nd floor is approx. 3,486. There is 9,173 RSF and 52 parking spaces.7,784 SF available for owner/user with option to expand

1124 Cornucopia St Nw, Salem

Listing Courtesy of COLDWELL BNKR/COMMERCIAL DIV. Agent: 503-587-4777 Selling Office: COLDWELL BNKR/COMMERCIAL DIV.

$1,750,000
This Class A Liberty Corridor office is by far the nicest office building available on the market and for the first time is being offered for sale. This single story brick building has outstanding visibility, tremendous curb appeal and great parking. Leased to the State of Oregon through June, 2025 with no options to renew.

1701 Liberty St Se, Salem

Listing Courtesy of SVN COMMERCIAL ADVISORS, LLC. Direc: 503-588-0400 Selling Office: SVN COMMERCIAL ADVISORS, LLC.

$1,550,000
4 Beds ⋅ 5 Baths
Nestled on 1.35 acres in W Salem Hills, this exquisite custom-built estate boasts breathtaking mountain & city views. 6,778 SF w/ 4 bdrms, office, Theater rm & plenty of flex space. Primary bdrm w/ fully remodeled ensuite. Fireplaces in the LR, FR, office, & Primary. French-inspired kitchen boasts a butcher top center island & Sub-zero frig. Basement Wine Cellar. New deck w/ louvered pergola for year-round enjoyment & beautifully landscaped grounds. 3-car grg & addtnl 36x30 shop w/ 12' doors. County Taxes!

3250 Belvedere St Nw, Salem

Listing Courtesy of BLUM REAL ESTATE. Direc: 503-485-1900 Selling Office: MORE REALTY.

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.