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4856 32nd Ave SE 1,414 SF Industrial Building Salem, OR 97317 $695,000 ($491.51/SF)

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Investment Highlights

  • 1.21 acres with a 3-bed 2-bath 1,414 SqFt residential home with office conversion opportunity
  • Separate shop (approx. 30x45)
  • Attached 2-car garage
  • Kuebler visibility with excellent I-5 access

Executive Summary

Development opportunity in South Salem with IG zoning. 1.21 acres with a 3-bed, 2-bath, 1,414 SqFt residential home with office conversion opportunity. Attached 2-car garage plus separate shop provide flexible utility. Ideal for redevelopment, live/work use, or interim rental while planning future industrial or mixed-use potential. Kuebler visibility with excellent I-5 access.

Property Facts

Price $695,000
Price Per SF $491.51
Sale Type Owner User
Property Type
Industrial
  • Industrial Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Lot Size 1.21 AC
Rentable Building Area 1,414 SF
No. Stories 1
Year Built 1972
Zoning IG - General Industrial: Generally allows a wide range of manufacturing. distribution, and storage uses.

Amenities

  • Fenced Lot
  • Storage Space

Utilities

  • Lighting
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas

Property Taxes

Property Taxes

Parcel Number
532185
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$128,300
  • Listing ID: 39561148

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 4856 32nd Ave SE, Salem, OR 97317

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