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50,000 Warehouse 845 Bassett St NW 47,600 SF Industrial Building Salem, OR 97304 $5,000,000 ($105.04/SF)



Investment Highlights
- 47,600SF
- 48X40 COLUMN SPAN
- 3,000SF OFFICE
- 2.27 AC
- 26' CLEAR HEIGHT
- 6 PRIMARY DOCK DOORS - 6 SECONDARY DOCK DOORS
Executive Summary
This 47,600-square-foot concrete tilt-up warehouse at 845 Bassett St NW in Salem, sits on a 2.27-acre site built in 1964. Located on a 6.67 acre industrial park in West Salem, it supports efficient manufacturing, distribution, and industrial operations. Features include 26-foot clear height, 48-by-40-foot column spacing, full sprinkler system, six primary east-side dock doors, six secondary west-side dock doors, 3,000 square feet of office space, 490 feet of road frontage, fenced yard, and three-phase power. Zoned MU-III (Mixed Use-III), it allows mixed-use flexibility and adaptive reuse for full General Industrial (IG) uses—like heavy vehicle service, warehousing, and equipment operations—without rezoning, supporting general manufacturing, conditional larger-scale operations, and infill redevelopment in pedestrian-friendly urban areas. This property offers strong potential in Salem's growing sector for investors seeking adaptability and value. Contact our office for details or a site visit.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Can be combined with Building A (42,000 SF) and Building B (40,000 SF) at 325 Patterson ST NW within the same lot. For a total of 129,600 square feet.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - BLDG C | 47,600 SF | Industrial | Full Build-Out | 30 Days |
1st Fl - BLDG C
| Size |
| 47,600 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl - BLDG C
| Size | 47,600 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
Can be combined with Building A (42,000 SF) and Building B (40,000 SF) at 325 Patterson ST NW within the same lot. For a total of 129,600 square feet.
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 256988 | Improvements Assessment | $401,120 |
| Land Assessment | $778,500 | Total Assessment | $1,179,620 |
Property Taxes
Parcel Number
256988
Land Assessment
$778,500
Improvements Assessment
$401,120
Total Assessment
$1,179,620
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50,000 Warehouse | 845 Bassett St NW
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