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2545 Aerial Way Se, Salem
$789,000
840948 MLS
Introducing an exceptional investment opportunity in a quality building, at just $106/SF. This well-built hangar/office/multi-purpose building served as a former Dutch Bros Coffee training and HQ offices for the local franchisee. This 9,420 Total SF prime property boasts a corner location at Aerial Way and 25th Ave SE. At 6,000 SF of first floor building (60'x100' -- 7,000 SF per county) and 3,420 SF of mezzanine. The property offers modern amenities and a solid foundation for diverse use. Zoned PS to accommodate a wide range of activities, this well-situated location in the heart of Salem adds further appeal. Don't miss out on the chance to invest in this 18-year-old property with substantial potential for future growth and profitability. The first floor consists of approximately 1,024 SF of office, 1,750 SF of "training/open" area, and 3,086 SF of hangar area, plus a massive 3,420 SF mezzanine on the 2nd level. The hangar door measures roughly 50' x 17'. Property is subject to a City of Salem airport ground lease at $8,306.19/year. The lease appears to be re-cast every 5 years (years ending in zero and 5) and is subject to a public appraisal.2 Restrooms (mens & womens)Kitchen area3 private officesTraining/Assembly areaHangar areaMezzanine (enclosed and deck)High-quality buildout & buildingAirport addressClose to I-5Runway accessPrivate parking(All interior SF measurements are approximate. Buyer to verify.)

2545 Aerial Way Se, Salem

Listing Courtesy of SPERRY - PIKES NORTHWEST. Cell: 503-569-0074

725 Shipping St Ne, Salem
$799,000
825699 MLS ⋅ Knights Of Columbus BLDG.
Prime 12-Unit Redevelopment Opportunity in the Heart of SalemUnlock the potential of this strategically located site at 725 Shipping St NE. Currently positioned for a high-density transition, this property offers a rare footprint for a 12-unit residential complex. With Salem’s growing demand for urban housing, this concept maximizes the lot’s efficiency while providing future tenants with unparalleled access to downtown and the I-5 corridor. Key Highlights:- Density & Scale: Optimized site layout for a 12-unit multi-family build.- Strategic Location: Blocks away from local transit, shopping, and major employment hubs.- Infrastructure Ready: Existing utility access simplifies the initial phases of site prep.Market Demand: Perfect for a mix of studios and one-bedroom units to target the local workforce.Mixed-Used (MU-II) zoning has opened up many possibilities for this property. The 5,170 square-foot second story houses a ballroom, restrooms, full bar, kitchen, and storage. The 5,090 square-foot main level contains a "lounge", full bar, offices, kitchen, dining area, restrooms, and meeting rooms. A fenced and graveled storage yard could be used for parking, outdoor dining, food trucks, or new construction. Building is currently leased on a month-to-month basis.Ideas for the existing building include a 12-unit apartment building (site plan has been approved), microbrewery or taphouse, coffee, event center, restaurant, bar, etc. The ballroom is still regularly being used, but the building will require significant improvements to utilize all areas. The Seller is open to a traditional sale and also is open to discussing creative partnerships or development ideas.

725 Shipping St Ne, Salem

Listing Courtesy of KITHKIN REAL ESTATE. 503-930-2786

4160 Cordon Rd Ne, Salem
$725,000
3 Beds ⋅ 3 Baths ⋅ 835119 MLS
Fantastic property on nearly an acre with territorial views and an incredible array of features. The main home has 2,202 square feet with three bedrooms, two full baths, and a versatile bonus room that could be a fourth bedroom. Beyond the home, the property shines with multiple outbuildings: a 1-bedroom ADU with a full bath and washer/dryer; a 2,016-square-foot shop equipped with two full baths, washer/dryer hookups, new cadet heaters, and multiple private rooms; a 1,408-square-foot two-story shop ideal for work or storage; and an 869+ square foot shop with a cement floor and a 200-amp panel. The grounds feature new gutters, a new well pump, hot and cold outdoor water faucets, a cyclone fence, and a 55-yard concrete driveway providing lots of parking and durability. The bright living room has a large picture window, a cozy fireplace, and beautiful laminate flooring that continues through the main living areas. The spacious dining area flows easily from the living room, perfect for entertaining. The updated kitchen features lots of cabinetry and prep space, with easy access to one of two laundry rooms and a full bathroom. Toward the back of the home, a sun-filled family room with vaulted ceilings, tiled floors, and window-lined walls creates an inviting space for relaxing. The room also includes an office nook and sliders that lead to a covered deck with an attached 11x9 storage area, ideal for tools or hobbies. The primary bedroom offers double closets, a private bath with a jetted tub, and sliding doors to a covered patio that's perfect for enjoying your morning coffee. Off the primary bath, a large laundry room with a sink provides extra convenience, while two additional bedrooms share an updated full guest bath. A mudroom with outside access ensures easy cleanup after working outdoors. The expansive fenced backyard is ready for gardening or play, enriched by fertile Labish soil. Located just minutes from restaurants, shopping, and Chemeketa Community College. Easy access to I-5.

4160 Cordon Rd Ne, Salem

Listing Courtesy of EXP REALTY, LLC. Cell: 503-389-0821

5598 SE WIGEON ST, Salem
$775,000
5 Beds ⋅ 3 Baths ⋅ 644533268 MLS
PRICE REDUCED!! Possible credit for carpets, etc. with accepted offer. Beautifully updated custom home in the highly desirable Holder Estates, where quality craftsmanship meets modern comfort. Thoughtfully designed with a main-level primary suite featuring ensuite and walk-in closet, this home showcases top-quality finishes and fixtures throughout, an open-concept layout with high ceilings, beautiful double sided gas fireplace, and a fifth bedroom currently set up as a private office—perfect for work-from-home living with built in desks, shelves and French doors.The kitchen is a true showstopper with stainless steel appliances, a Wolf range, and sleek quartz countertops, double dishwasher, 5X5 pantry and adjoining dining room ideal for both everyday living and entertaining. Upstairs offers a flexible layout well suited for multigenerational living, providing a full bath, huge closet - space and privacy for everyone. Step outside to enjoy the newly landscaped yard with sprinklers and a drip system, fresh exterior paint, and a stunning 20x30 Trex deck with stainless steel railings—partially covered with built-in gas fireplace and made for year-round enjoyment. Unwind in the new Bullfrog spa and take in the peaceful surroundings. Located in a sought-after South Salem neighborhood, this home is close to restaurants, shopping, schools, and parks, offering both convenience and an exceptional lifestyle.

5598 SE WIGEON ST, Salem

Listing Courtesy of Tall Firs Realty.

4160 NE Cordon RD, Salem
$725,000
3 Beds ⋅ 3 Baths ⋅ 159470437 MLS
Fantastic property on nearly an acre with territorial views and an incredible array of features. The main home has 2,202 SF with three bedrooms, two full baths, and a bonus room that could be a fourth bedroom. Beyond the home, the property shines with multiple outbuildings: a 1-bedroom ADU with a full bath and washer/dryer; a 2,016-square-foot shop equipped with two full baths, washer/dryer hookups, new cadet heaters, and multiple private rooms; a 1,408-square-foot two-story shop ideal for work or storage; and an 869+ square foot shop with a cement floor and a 200-amp panel. The grounds feature new gutters, a new well pump, hot and cold outdoor water faucets, a cyclone fence, and a 55-yard concrete driveway providing lots of parking and durability. The bright living room has a large picture window, a cozy fireplace, and beautiful laminate flooring that continues through the main living areas. The spacious dining area flows easily from the living room, perfect for entertaining. The updated kitchen features lots of cabinetry and prep space, with easy access to one of two laundry rooms and a full bathroom. Toward the back of the home, a sun-filled family room with vaulted ceilings, tiled floors, and window-lined walls creates an inviting space for relaxing. The room also includes an office nook and sliders that lead to a covered deck with an attached 11x9 storage area, ideal for tools or hobbies. The primary bedroom offers double closets, a private bath with a jetted tub, and sliding doors to a covered patio that's perfect for enjoying your morning coffee. Off the primary bath, a large laundry room with a sink provides extra convenience, while two additional bedrooms share an updated full guest bath. A mudroom with outside access ensures easy cleanup after working outdoors. The expansive fenced backyard is ready for gardening or play, enriched by fertile Labish soil. Located just minutes from restaurants, shopping, and Chemeketa Community College. Easy access to I-5.

4160 NE Cordon RD, Salem

Listing Courtesy of eXp Realty, LLC.

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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