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Investment Highlights
- Great location just south of downtown
- Many upgrades over recent years
- On-site parking lot
Executive Summary
This well-maintained, move-in ready office building presents an exceptional opportunity for professional or medical users seeking a turnkey acquisition in a convenient Salem location. The main level is thoughtfully configured with a welcoming front reception area, a large private office, a kitchen, four treatment rooms — two of which include dedicated sinks — and two restrooms. The second floor offers two additional private offices, providing versatility to accommodate a range of business or practice layouts. A full basement delivers supplemental storage capacity.
Recent capital improvements include new Hardie Plank siding, reflecting the care and investment that has gone into maintaining the property. An on-site parking lot with approximately 10 spaces serves both staff and clients, with additional street parking available in the immediate area.
Recent capital improvements include new Hardie Plank siding, reflecting the care and investment that has gone into maintaining the property. An on-site parking lot with approximately 10 spaces serves both staff and clients, with additional street parking available in the immediate area.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,922
|
$1.29
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,922
|
$1.29
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $2,922 |
| Annual Per SF | $1.29 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,922 |
| Annual Per SF | $1.29 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,258 SF
Building Class
B
Year Built/Renovated
1910/2013
Price
$525,000
Price Per SF
$232.51
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,682 SF
Building FAR
0.30
Lot Size
0.17 AC
Zoning
CO - Commercial Office
Parking
10 Spaces (4.43 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 527643 | Total Assessment | $142,250 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $2,922 ($1.29/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
527643
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$142,250 (2025)
Annual Taxes
$2,922 ($1.29/SF)
Tax Year
2026
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830 Saginaw St S
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