700-702 High Street NE Salem, OR 97301

Income-Producing Investment + Owner-User Opportunity

Excellent opportunity to acquire a five-unit commercial investment property within walking distance of Downtown Salem. Four of the five units are currently leased, including Oregon Axe, providing existing rental income while offering a 2,590 SF vacant suite ideal for an owner-user or additional tenant.

The available street-front space features an open floor plan, 10-foot ceilings, and two ADA restrooms, providing flexibility for a variety of retail, office, service, or entertainment uses. Situated along highly visible High St, the property benefits from convenient access to downtown Salem’s restaurants, shopping, professional services, and government offices.

With an established tenant mix, existing rental income, and the opportunity to occupy or lease the remaining space, this property is well-positioned for investors and owner-users alike.

• Mixed use I  Zone

• 8,993 sf building

• 5 units

• outside of the cbd

• high visibility location

• street frontage

• nearby public parking