# 245 Oak St SE, Salem, OR 97301 > **TL;DR:** commercial, $520,000 ($275/sqft), built 1900, 1,892 sqft. > Waterfront, View, A/C. Est. $2,781/mo. Listed 99 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $520,000 | | Price/sqft | $275 | | Square Feet | 1,892 | | Year Built | 1900 | | Lot Size | 6,970 sqft (0.16 acres) | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 99 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,629 | | Estimated Insurance | $152 | | **Total** | **$2,781** | ## Key Amenities - Waterfront - View - A/C ## Property Highlights - Built in 1900 - 0.16 acre lot - Waterfront ## Description ### Agent Description Prime South Salem Investment Opportunity! Near the Salem Convention Center and downtown amenities, this historic two-story office building, built in 1900, offers a flexible layout. The main level features a reception area and four private offices, while the lower level includes a reception area and four partitioned workspaces. Currently occupied by a single tenant, the property can easily accommodate multiple tenants with separate entrances for each level. Well-maintained and ideally located near downtown. ## Location - **Address:** 245 Oak St SE, Salem, OR 97301 - **County:** Marion ## Listing Agent - **Name:** GLADYS BLUM - **Brokerage:** Blum Real Estate - **Broker Phone:** (503) 485-1900 - **Listing URL:** [View original listing](http://www.wvmls.com/property/_single.asp?ID=843735) ## Photos ![245 Oak St SE - Photo 1](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3416950216r.jpg) ![245 Oak St SE - Photo 2](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f2104474990r.jpg) ![245 Oak St SE - Photo 3](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f398906896r.jpg) ![245 Oak St SE - Photo 4](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f1694009168r.jpg) ![245 Oak St SE - Photo 5](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f1267382111r.jpg) ![245 Oak St SE - Photo 6](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f2698937799r.jpg) ![245 Oak St SE - Photo 7](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3966490668r.jpg) ![245 Oak St SE - Photo 8](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f220483926r.jpg) ![245 Oak St SE - Photo 9](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f1533421800r.jpg) ![245 Oak St SE - Photo 10](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3904910873r.jpg) ![245 Oak St SE - Photo 11](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f1367505855r.jpg) ![245 Oak St SE - Photo 12](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f2265257192r.jpg) ![245 Oak St SE - Photo 13](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3650690408r.jpg) ![245 Oak St SE - Photo 14](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3248463738r.jpg) ![245 Oak St SE - Photo 15](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3399734296r.jpg) ![245 Oak St SE - Photo 16](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f47816836r.jpg) ![245 Oak St SE - Photo 17](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f941286132r.jpg) ![245 Oak St SE - Photo 18](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3595837631r.jpg) ![245 Oak St SE - Photo 19](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f2948059120r.jpg) ![245 Oak St SE - Photo 20](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f271356191r.jpg) ![245 Oak St SE - Photo 21](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3683236581r.jpg) ![245 Oak St SE - Photo 22](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f1282340901r.jpg) ![245 Oak St SE - Photo 23](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f4205854530r.jpg) --- **MLS#:** 843735 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Willamette Valley Multiple Listing Service. 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/245-oak-st-se-salem-or-97301-e4ffbdbf7c8f46d0a4d73a3ae80b583d) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/245-oak-st-se-salem-or-97301-e4ffbdbf7c8f46d0a4d73a3ae80b583d#listing", "url": "https://www.propertysimple.ai/listing/245-oak-st-se-salem-or-97301-e4ffbdbf7c8f46d0a4d73a3ae80b583d", "name": "245 Oak St SE, Salem, OR 97301", "description": "Prime South Salem Investment Opportunity! Near the Salem Convention Center and downtown amenities, this historic two-story office building, built in 1900, offers a flexible layout. The main level features a reception area and four private offices, while the lower level includes a reception area and four partitioned workspaces. 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