For Sale

West Salem Industrial Warehouse - 50,000SF

845 Bassett Street Northwest,
Salem, OR 97304
Represented by
Tradition Real Estate Partners

Asset Snapshot

Student Housing
Industrial Subtype
1964
Year Built
2.27 Acres
Land Area

Offering Summary

Investment Overview

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.


Investment Highlights

  • 47,600 SF
  • 2.27 ACRE SITE
  • 48x40 COLUMN SPAN
  • 26' CLEAR HEIGHT
  • BUILT IN 1964
  • DOCK DOORS
  • 6-PRIMARY DOORS (Eastside)
  • 6-SECONDARY DOORS (Westside)
  • SPRINKLER SYSTEM
  • CONCRETE TILT UP
  • 490FT OF ROAD FRONTAGE
  • ZONED MU-III
  • 3,000SF OFFICE
  • LEASED THROUGH 06/2026

How it Works

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Listing Syndicated From

Buildout
For Sale
$5,000,000
Asking Price

Investment Sales Broker

Dave Smith
Tradition Real Estate Partners