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3300 State St
Salem, OR 97301 Northeast Salem

$12,800,000 USD

Medical For Sale • 38,348 SF

Property Details

Property Type Medical
Total Building Size 38,348 SF
Lot Size 1.94 AC
Building Class B
Year Built 1971
Cap Rate 6.99 %
Tenancy Single
Zoning IC

36 Transit Score

45 Walk Score

                
                    Highlights
                
                                Single-tenant NNN investment
                            
                                Same tenant since construction
                            
                                Leased through February 2030
                            
                                New roof in 2025

Property Flyers

3300 State St OM_02_2026

Cap Rate:

6.99 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Salem Hospital Auxiliary

Amenities

Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	2.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	80
Type:	Surface
Included in Rent:	Yes

Curt Arthur, SIOR 503-588-4146 Capacity Commercial Group LLC

3300 State St Salem, OR 97301 Northeast Salem