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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)

Industrial Properties Oregon Salem 845 Bassett St NW, Salem, OR 97304

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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.

ATTACHMENTS

845 Bassett St NW-OM
MU-III Zone Code

PROPERTY FACTS

Price $5,000,000 No. Stories 1
Price Per SF $105.04 Year Built 1960
Sale Type Investment or Owner User Tenancy Single
Property Type Industrial Parking Ratio 0.32/1,000 SF
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
 Clear Ceiling Height 26’
Building Class C No. Dock-High Doors/Loading 12
Lot Size 2.27 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area 47,600 SF
Zoning MU-III - MU-III zoning is a flexible zoning w/ industrial ops via adaptive reuse of existing structures, manufacturing, retail & urban redevelopment.
Price $5,000,000
Price Per SF $105.04
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 2.27 AC
Rentable Building Area 47,600 SF
No. Stories 1
Year Built 1960
Tenancy Single
Parking Ratio 0.32/1,000 SF
Clear Ceiling Height 26’
No. Dock-High Doors/Loading 12
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning MU-III - MU-III zoning is a flexible zoning w/ industrial ops via adaptive reuse of existing structures, manufacturing, retail & urban redevelopment.

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - BLDG C
  • 47,600 SF
  • Industrial
  • Full Build-Out
  • 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.

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.

LINKS

1 1
845 Bassett St NW, Salem, OR - AERIAL map view
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
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Walk Score® measures the walkability
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measures access to public transit. Bike Score®
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Learn How It Works Detailed Scores

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
(503) 939-7099

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38760862

  • Date on Market: 12/12/2025

  • Last Updated:

  • Address: 845 Bassett St NW, Salem, OR 97304

More public record information on 845 Bassett St NW, Salem, OR 97304

The West Salem Industrial Property at 845 Bassett St NW, Salem, OR 97304 is currently available. Contact Tradition Real Estate Partners for more information.

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50,000 Warehouse | 845 Bassett St NW
(503) 939-7099 x

50,000 Warehouse | 845 Bassett St NW

Dave Smith
(503) 939-7099

AJ Nash
(503) 559-9279

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