246 State St, Salem, OR
Retail for Sale - $1,045,000 - 4,573 Sq. Ft. on 5318 acres
Agent Info
Shadya Jones Coldwell Banker Commercial Mountain West Real Estate |
Property Info
CIMLS# | 1179531 |
Location 246 State St Salem OR 97301 | |
Updated | August 2nd, 2025 |
Type | Retail |
Price | $1,045,000 |
Building | 4,573 Sq. Ft. |
Land | 5318 acres |
Property Description
The Historic Tiger Engine Co. No. 2 Fire House!
Discover a unique owner-user opportunity or investment opportunity with tremendous rental upside. This gorgeous, remodeled historic 4,573 +/-sq. ft. building, constructed in the 1900s, features a perfectly suited street retail or office space on the ground floor and two separate vacation rental units located on the 2nd floor (1 bed/1 bath & 2 bed/1 bath). Zoned CB and nestled within the Salem Downtown Historic District overlay zone, this property boasts a rich history as Salem's second firehouse in the 1900s. With its timeless character and prime location, it offers the perfect blend of charm and functionality, making it an ideal choice for investors looking to capitalize on the growing demand for unique rental spaces and housing. Don’t miss out on this exceptional opportunity!