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Lisa Fisher, Principal Broker
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198 Commercial St, Salem, OR 97301

$8,825,000
SAVE TOUR PROPERTY

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Property Description

Fully leased 41,472 sf Salem office building in one of kind location across the street from the Convention Center. Building has 3 leases with 95% of the building leased to Marion County Public Defender and State of Oregon Public Defense Fund. Interior of building had significant interior renovation between 2021-2025.

198 Commercial St | MLS# 234489425

This commercial property located at 198 Commercial St, Salem, OR 97301 is currently listed for sale with an asking price of $8,825,000. Search Salem real estate on lisafisher.bendpremierrealestate.com today.

SQUARE FEET41,472 MLS#234489425

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Fuel Type: Gas
Heating: Forced Air
Lot Size: 0.46 Acres
Stories: 2.0
Taxes: $87,745
Year Built: 1956
Square Feet: 41,472

Feature Descriptions

Days on Site: 23
Gross Income: $1020602.00 (Actual)
Operating Expenses: $263832.00 (Actual)
Parking Notes: None
Present Use: Office
Sewer: Public Sewer
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Evans, Elder, Brown & Seubert
Agency Phone: 541-345-4860

Shown By

Agent Name: Lisa Fisher, Principal Broker
Agent Phone: (503) 970-0124
Agency Title: Bend Premier Real Estate

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Lisa Fisher, Principal Broker
Lisa Fisher, Principal Broker Office: (541) 323-2779 Cell: (503) 970-0124 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 4:39:45 AM EST) or RMLS (last updated Fri 07/10/2026 1:50:24 AM EST) or COAR/MLSCO (last updated Thu 07/09/2026 4:15:36 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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