Map of Property

1915 Commercial St SE

For Sale

1915 Commercial St SE, Salem, OR 97302

This Salem property for sale is located at 1915 Commercial St SE. The current listed sale price for 1915 Commercial St SE is $650,000. 1915 Commercial St SE is situated on a lot that is 0.31 acre in size.

Contacts

broker
Tim Kaelin

Coldwell Banker Professional Group

Property Details

  • Property Type Other
  • Property Size 3,242 SF
  • Lot Size 0.31 Acre
  • Year Built 1976
  • Date Updated Apr 26, 2025
Investor special! Are you ready for an incoming producing, high cap rate, low maintenance investment? Look no further. This specially modified, commercially zoned property is the perfect place for any investor who is looking to expand their portfolio. This property is currently tenant occupied as a group home. Utilizing a property tax exemption and tenant-paid utilities, the financials are impeccable, offering over a 6% cap rate and a cash flowing investment. With modifications specified for group home living including an office, seven bedrooms, two full bathrooms, two living rooms, and a formal dining space, this investment property is plug and play. The exterior features six parking spaces and a large backyard, complete with a Trex deck and playing areas for children. Complete with solar panels for reduced tenant utilities, and a convenient Commercial St location, this is the whole package. Contact your local real estate agent for property financial details. Do not disturb tenants!!!
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Highlights

  • Commercial St
  • Views: City / Strip
  • Roof: Composition Shingle
  • Heating Type: Heat Pump
  • Heating Type: Forced Air
  • Heating - Fuel Type: Other
  • Commercial - Salem, OR

Getting around

  • 76/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 70/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood South Central Salem
  • Zip Code 97302
  • Market Eugene

Points of Interest

  • Salem

    1.08 miles

  • Brooks Historical Society Depot

    9.58 miles

  • Hopmere Station

    9.67 miles

  • Chevron

    0.22 miles

  • Arco Gas Station

    0.76 miles

  • Shell

    0.86 miles

  • Pacific Pride

    0.88 miles

  • Blink

    0.89 miles

  • 76

    0.97 miles

  • Fred Meyer fuel #355

    1.15 miles

  • ChargePoint

    1.20 miles

  • City of Salem Fuel Island

    1.30 miles

  • Arco

    1.51 miles

  • SSHS

    0.31 miles

  • Skyline Ford Salem

    0.37 miles

  • South West Parking Lot

    0.38 miles

  • Lot 1

    0.69 miles

  • M Lot

    0.84 miles

  • Salem Library Parkade

    0.86 miles

  • Patient Visitor Parking Garage

    0.89 miles

  • B Lot

    0.91 miles

  • Staff Parking

    0.91 miles

  • E Lot

    1.02 miles

  • Grand Hotel

    1.17 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    1.23 miles

  • Howard Johnson by Wyndham Salem

    1.43 miles

  • Knights Inn

    1.49 miles

  • Phoenix Inn Suites - Salem

    2.19 miles

  • Mill Creek Inn

    2.30 miles

  • La Quinta Inn

    2.42 miles

  • Hampton Inn & Suites

    2.53 miles

  • Home2 Suites

    2.54 miles

  • Residence Inn

    2.60 miles

  • LifeSource Natural Foods

    0.45 miles

  • Roth's

    0.79 miles

  • Pringle Park Plaza

    1.05 miles

  • Fred Meyer

    1.12 miles

  • Reed Opera House

    1.34 miles

  • Salem Center (South)

    1.47 miles

  • Safeway

    1.50 miles

  • Ross

    1.53 miles

  • Salem Center (North)

    1.55 miles

  • Macy's

    1.55 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tim Kaelin

Coldwell Banker Professional Group

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