# 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 1 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 | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **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! Ideally located near the Salem Convention Center and downtown amenities, this historic two-story building, originally built in 1900, has been thoughtfully converted to professional office space. Each floor features its own separate entrance and is currently occupied by separate tenants, providing flexibility and privacy. The property is fully leased, offering immediate income potential in a highly desirable location.

## Location

- **Address:** 245 Oak St SE, Salem, OR 97301
- **County:** Marion
- **Coordinates:** 44.93581, -123.043801
- **Google Maps:** https://www.google.com/maps?q=44.93581,-123.043801

## Listing Agent

- **Name:** GLADYS BLUM
- **Brokerage:** BLUM REAL ESTATE
- **Phone:** 5034851900

## Primary Photo

![245 Oak St SE - Primary Photo](http://lh.rdcpix.com/00b02e87e93069056525bed35a35dc72l-f3416950216r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.ai/listing/245-oak-st-se-salem-or-97301-r843735)*

---

**MLS#:** 843735 | **Updated:** 2026-08-01
**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-r843735)

---

## Structured Data

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  "name": "245 Oak St SE, Salem, OR 97301",
  "description": "Prime South Salem Investment Opportunity! Ideally located near the Salem Convention Center and downtown amenities, this historic two-story building, originally built in 1900, has been thoughtfully converted to professional office space. Each floor features its own separate entrance and is currently occupied by separate tenants, providing flexibility and privacy. The property is fully leased, offering immediate income potential in a highly desirable location.",
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  "datePosted": "2026-07-31",
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