# 1890 Capitol St NE, Salem, OR 97301 > **TL;DR:** commercial, $587,500 ($408/sqft), built 1973, 1,440 sqft. > View. Est. $3,142/mo. Listed 58 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $587,500 | | Price/sqft | $408 | | Square Feet | 1,440 | | Year Built | 1973 | | Lot Size | 6,534 sqft (0.15 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 58 | ## Why This Home Stands Out - **Views** - City ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,971 | | Estimated Insurance | $171 | | **Total** | **$3,142** | ## Key Amenities - View ## Property Highlights - Built in 1973 - 0.15 acre lot ## Description ### Agent Description Inquire for concession towards a Rate Buy Down. Potential Seller Financing in conjunction with 1st position bank/private money loan. Excellent visibility and flexibility at 1890 Capitol St NE in Salem. This 1,440 SF commercial building sits on a 0.15-acre corner lot and features a large open retail/lobby area, two offices or storage/supply rooms, bathroom, and break room. Seven onsite parking spaces plus adjacent street parking provide convenient access. Brick and shingle siding, prominent signage, and a high-visibility Capitol Street location add to the property's appeal. City of Salem traffic data from 2015 reported more than 12,000 vehicles passing daily. Located adjacent to Salem Clinic. Previously operated as a cannabis dispensary, the property offers the opportunity to continue a similar use or transition to another permitted commercial use. Potential uses include eating and drinking establishments, office, laboratory and research, daycare, neighborhood convenience store, specialty retail, and other commercial uses. The building's manageable size, visibility, existing security features, and flexible layout could lend itself particularly well to uses such as a jewelry store, pawn shop, collectible or trading card shop, coin shop, boutique, electronics or repair business, or other specialty retailer. Existing furniture, fixtures, security system, large safes, display cases, and other dispensary equipment are negotiable, creating the potential for a turnkey or easily adaptable operation. Existing cannabis retail license is also negotiable and subject to buyer qualification, regulatory requirements, and applicable approvals. ## Location - **Address:** 1890 Capitol St NE, Salem, OR 97301 - **County:** Marion - **Coordinates:** 44.954645, -123.020186 - **Google Maps:** https://www.google.com/maps?q=44.954645,-123.020186 ## Listing Agent - **Name:** Mark Shadrin - **Brokerage:** Berkshire Hathaway HomeServices Real Estate Professionals - **Broker Phone:** (800) 589-3161 ## Photos ![1890 Capitol St NE - Photo 1](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f751041201r.jpg) ![1890 Capitol St NE - Photo 2](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2952696988r.jpg) ![1890 Capitol St NE - Photo 3](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3804840480r.jpg) ![1890 Capitol St NE - Photo 4](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2638292918r.jpg) ![1890 Capitol St NE - Photo 5](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3265700329r.jpg) ![1890 Capitol St NE - Photo 6](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2662420747r.jpg) ![1890 Capitol St NE - Photo 7](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2453706474r.jpg) ![1890 Capitol St NE - Photo 8](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3132272541r.jpg) ![1890 Capitol St NE - Photo 9](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f1718303984r.jpg) ![1890 Capitol St NE - Photo 10](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f83935273r.jpg) ![1890 Capitol St NE - Photo 11](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f85493005r.jpg) ![1890 Capitol St NE - Photo 12](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f1853825850r.jpg) ![1890 Capitol St NE - Photo 13](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f978077195r.jpg) ![1890 Capitol St NE - Photo 14](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f916630551r.jpg) ![1890 Capitol St NE - Photo 15](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f1268670781r.jpg) ![1890 Capitol St NE - Photo 16](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2948857967r.jpg) ![1890 Capitol St NE - Photo 17](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f605335360r.jpg) ![1890 Capitol St NE - Photo 18](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2034373941r.jpg) ![1890 Capitol St NE - Photo 19](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2619874656r.jpg) ![1890 Capitol St NE - Photo 20](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3798956477r.jpg) ![1890 Capitol St NE - Photo 21](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f4226225282r.jpg) ![1890 Capitol St NE - Photo 22](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3560477513r.jpg) ![1890 Capitol St NE - Photo 23](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f4049600388r.jpg) ![1890 Capitol St NE - Photo 24](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f233948467r.jpg) ![1890 Capitol St NE - Photo 25](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3339833970r.jpg) ![1890 Capitol St NE - Photo 26](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f1514484515r.jpg) ![1890 Capitol St NE - Photo 27](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f1649032974r.jpg) ![1890 Capitol St NE - Photo 28](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f224269843r.jpg) ![1890 Capitol St NE - Photo 29](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f2856026360r.jpg) ![1890 Capitol St NE - Photo 30](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f3540334527r.jpg) ![1890 Capitol St NE - Photo 31](http://lh.rdcpix.com/ad454cdc4b87c44a34975e7e373dec53l-f996531689r.jpg) --- **MLS#:** 703208900 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1890-capitol-st-ne-salem-or-97301-4304f68f87c348cfb5bfc842471f0187) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1890-capitol-st-ne-salem-or-97301-4304f68f87c348cfb5bfc842471f0187#listing", "url": "https://www.propertysimple.ai/listing/1890-capitol-st-ne-salem-or-97301-4304f68f87c348cfb5bfc842471f0187", "name": "1890 Capitol St NE, Salem, OR 97301", "description": "Inquire for concession towards a Rate Buy Down. Potential Seller Financing in conjunction with 1st position bank/private money loan. Excellent visibility and flexibility at 1890 Capitol St NE in Salem. This 1,440 SF commercial building sits on a 0.15-acre corner lot and features a large open retail/lobby area, two offices or storage/supply rooms, bathroom, and break room. Seven onsite parking spaces plus adjacent street parking provide convenient access. Brick and shingle siding, prominent signage, and a high-visibility Capitol Street location add to the property's appeal. City of Salem traffic data from 2015 reported more than 12,000 vehicles passing daily. Located adjacent to Salem Clinic. Previously operated as a cannabis dispensary, the property offers the opportunity to continue a similar use or transition to another permitted commercial use. Potential uses include eating and drinking establishments, office, laboratory and research, daycare, neighborhood convenience store, specialty retail, and other commercial uses. The building's manageable size, visibility, existing security features, and flexible layout could lend itself particularly well to uses such as a jewelry store, pawn shop, collectible or trading card shop, coin shop, boutique, electronics or repair business, or other specialty retailer. Existing furniture, fixtures, security system, large safes, display cases, and other dispensary equipment are negotiable, creating the potential for a turnkey or easily adaptable operation. 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