450-456 Welch St
Silverton, OR 97381
Legacy Health Medical Office Building · Office Property For Sale

The subject property is ideally situated adjacent to Legacy Silverton Medical Center with excellent access along Welch Street adjacent to the intersection of McClaine Street (9,218 AADT) and Westfield Street (12,300 AADT), approximately 14 miles from downtown Salem. The site benefits from robust demographics with a population of 86,861 within a ten mile radius. Population in the surrounding area has experienced consistent growth, with an annual rate of 1.40% since 2010 and anticipated annual rate of 1.35% though 2023 within one mile of the site. Average household income within one mile of the site exceeds $79,300. The property is prominently situated in close proximity to a major medical center, numerous retail centers and major retail tenants, and schools. The site is immediately adjacent to Legacy Silverton Medical Center, a community hospital and Level IV trauma center serving the Willamette Valley region, which, due to its relatively lower emergency wait times as compared to other facilities in the region, draws from a broad patient base across the greater Salem area. The property is also adjacent to Robert Frost Elementary School, Silverton Middle School, and the Silverton Senior Center, providing a durable patient base for both the pediatric and specialist medical practices at the site. Major retail tenants neighboring the site include Safeway, Rite Aid, Anytime Fitness, Ace Hardware, and more. This property is listed in conjunction with Oregon-licensed real estate broker Matthew Martinez.