Amy Richardson

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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV- MLS# 842477MLS ProviderContact Information: AGENT: 503-566-5706

2407 State StSalem, OR 97305

Commercial · 2,427 Sq. ft.
$649,000 ACTIVE

2407 State St Overview

Time on Site:
10 days
Visits:
0

This is for the building and property only. Restaurant/Bar is currently leased. Please do not disturb the Tenant. Located on a busy intersection of 24th and State Street. Tenant has over 3 years left on the lease with options. Possible sale of business too on separate deal. Call to discuss.

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2407 State St Facts & Features

  • Type Commercial
  • Sq. ft. 2,427
  • Price/Sq.ft. $267

Details

General

Building Information

  • Year Built: 1983

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 20 CENTRAL SALEM

Tax Information

  • Tax Annual Amount: 8754

General Information

  • Property Sub Type: Retail
  • Property Type: Commercial

Interior

General Information

  • Basement: Partial
  • Foundation Details: Pier
  • Heating: Central AC,Electric,Gas,Heat Pump
  • Living Area: 2427

Exterior

Lot Information

  • Lot Size Acres: 0
  • Water Source: City

General Information

  • Sewer: City

2407 State St Neighborhood

Community

97305 (Salem) Demographics

30
Median Age
934
Population Density (per sq. mile)
25%
College Educated
$56,787
Estimated Median Income
7,843
Estimated Total Home Owners
6,333
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2407 State St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2407 State St Market Data

Based on the last 30 days in this zip code

$490,605
Average List Price
$278
Average Price per Square Foot
39
Properties Sold
93
Average Days on Market
190
Properties for Sale
Calculations provided by Reliance Network

2407 State St History

Date Event Value Agent
6/19/2026Source: Willamette Valley MLS Added to Database
June 19, 2026