Freestanding Commercial Building - Desirable South Salem Location

365 Bush St SE Salem, OR 97302

365 Bush St SE, Salem, OR, 97302
365 Bush St SE, Salem, OR, 97302
Property Type:
Multi Tenant Office
Please Call Broker for Price

Last Verified:
Nov 15, 2018


  • 2,862 SF (1431 SF Main Level & 1431 SF of dry storage Lower Level)
  • 6 Private parking spaces
  • Smartly crafted open-layout "nook spaced" main floor
  • Open-layout full "moisture free" unfinished basement
  • Vinyl Floors
  • Full Kitchen
  • Air Conditioning
  • Forced-Air Gas Heat & Hot Water
  • 1 Bathroom with W/D
  • Alley-way access
  • 2017 Property Tax $2,518.84
  • Seller wiling to carry with 20% Down


365 Bush St SE is currently and has been a thriving Salon. The open nook-styled interior is a crafty use of space that lends itself nicely to the professional services industry. This subject property is sandwiched between 2 of the busiest streets in Salem (30,000 cars per day each) and situated conveniently close to the Salem Hospital, Bush Park, Pringle Park, McCulloch Stadium, The State Capitol, Willamette University, and Salem Golf Club. Easy alley-way access to 6 Private parking spaces to the rear of the property & 2 street-side spaces also exist. 365 Bush St is a residential converted to Commercial Office zoned property and was built in 1955.

Subject property is center of the block, north side of the street on Bush between Commercial & Liberty. 1/2 Blocks walk to Bush Park, Bush House Museum, the Art Center & McCulloch Stadium. Minutes from Salem Hospital and about a mile south of the State Capitol.

Year Built: 1955
Building Size: 1431.0sq ft
Building Class: C
Lot Size: 0.11 acres

Map of 365 Bush St SE, Salem, OR, 97302

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.