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1891 16th St SE 46,067 SF Industrial Building Salem, OR 97302 $4,950,000 ($107.45/SF)
Investment Highlights
- Hard to find concrete tilt, standalone warehouse / industrial building in Southeast Salem near Salem Airport
- Phase III power on PGE grid
- Ames Research will lease back through 12/31/2026+/-
- Building has fenced yard, dock-high loading • Features 9,943 SF office / 33,428 SF warehouse / 1,696 SF lab
- Tax acct #336576 - $33,494.94 (2026)
Executive Summary
• Hard to find concrete tilt, standalone warehouse / industrial building in Southeast Salem near Salem Airport
• Building has fenced yard, dock-high loading
• Features 9,943 SF office / 33,428 SF warehouse / 1,696 SF lab
• Phase III power on PGE grid
• Tax acct #336576 - $33,494.94 (2026)
• Ames Research will lease back through 12/31/2026+/-
• Building has fenced yard, dock-high loading
• Features 9,943 SF office / 33,428 SF warehouse / 1,696 SF lab
• Phase III power on PGE grid
• Tax acct #336576 - $33,494.94 (2026)
• Ames Research will lease back through 12/31/2026+/-
Property Facts
| Price | $4,950,000 | Rentable Building Area | 46,067 SF |
| Price Per SF | $107.45 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1948 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 1.91 AC | Opportunity Zone |
Yes
|
| Zoning | IG - General Industrial | ||
| Price | $4,950,000 |
| Price Per SF | $107.45 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.91 AC |
| Rentable Building Area | 46,067 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 6 |
| Opportunity Zone |
Yes |
| Zoning | IG - General Industrial |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 336576 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,630,360 |
Property Taxes
Parcel Number
336576
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,630,360
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1891 16th St SE