Amy Richardson

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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV- MLS# 832198MLS ProviderContact Information: Direc: 503-884-6281

246 State St StSalem, OR 97301

Commercial · 4,573 Sq. ft. | 0.12 Acres
$950,000 ACTIVE

246 State St St Overview

Time on Site:
331 days
Visits:
13

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 rental units located on the 2nd floor (1 bed/1 bath & 2 bed/1 bath). See sale brochure

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246 State St St Facts & Features

  • Type Commercial
  • Sq. ft. 4,573
  • Price/Sq.ft. $208
  • Lot 0.12 Acres

Details

General

Building Information

  • Year Built: 1900

Location/Region

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

General Information

  • Property Sub Type: Retail
  • Property Type: Commercial

Interior

General Information

  • Foundation Details: Slab
  • Heating: Ductless/Mini-Split
  • Living Area: 4573

Exterior

Lot Information

  • Lot Size Acres: 0.12
  • Water Source: City

General Information

  • Sewer: City

246 State St St Neighborhood

Community

97301 (Salem) Demographics

33
Median Age
4,886
Population Density (per sq. mile)
25%
College Educated
$45,959
Estimated Median Income
8,297
Estimated Total Home Owners
11,013
Estimated Total Renters
43% / 57%
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.

246 State St 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.

246 State St St Market Data

Based on the last 30 days in this zip code

$419,594
Average List Price
$257
Average Price per Square Foot
61
Properties Sold
70
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

246 State St St History

Date Event Value Agent
1/30/2026Source: Willamette Valley MLS Price Reduction
$950,000 -9.1%
8/2/2025Source: Willamette Valley MLS Added to Database
August 02, 2025