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3912 Commercial Street SESalem, OR 97302Price: $485,000

  • Price: $485,000
  • 6 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $485,000List Price
  • 0.44Acreage
  • 325Square Feet
Listed by Mark Shadrin of Berkshire Hathaway HomeServices Real Estate Professionals
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Do Not Disturb Tenant, Customers, or Employees. Appointment Required for All Viewings. Offered for the first time in 34 years, this 0.44 acre two parcel package presents a rare opportunity with existing rental income and future development potential. The property includes approximately 0.45 acres zoned Mixed Use III. The existing tenant has a land lease. The rear portion of this parcel remains undeveloped.With approximately 70 feet of frontage on Commercial Street, the property offers excellent visibility and access. Located among a strong mix of established local and national businesses including Starbucks, Napa Auto Parts, Windjammers, Panda Express, Chipotle, Bo and Vine, Wells Fargo Bank, The Shutterbug, Dairy Queen, and McDonalds. Mixed Use III zoning allows for a variety of permitted uses including multifamily apartments, short term lodging, eating and drinking establishments, office or laboratory space, fuel stations, day care, governmental services, and other similar uses. Buyer to complete their own due diligence regarding zoning, permitted uses, and development potential.

Property Details of 3912 Commercial Street SE

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Based on information submitted to OR_RMLS_WEB_API as of August 18, 2026 3:15 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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