Salem, SC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Salem, South Carolina Market population: 176K. Explore income-producing properties with verified cap rates and...
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Salem OR Properties: 0.9200%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Salem OR
Common questions from investors exploring commercial real estate in Salem OR.
What's the overall investment outlook for Salem, OR, considering its demographics and economy?
+
Salem, OR, with a population of 175,806 and a median age of 36.4, presents a stable investment market, given its median household income of $53,508 and a relatively low poverty rate of 14.1%, which is further bolstered by a high health insurance coverage rate of 92.5%, indicating a market with employment stability and access to healthcare.
How does the ethnic diversity and industry mix in Salem impact real estate demand?
+
The city's ethnic diversity, with top ethnicities being White (71.4%), Hispanic (23.6%), and Asian (3.6%), combined with its top industries in Health Care & Social Assistance, Retail Trade, and Educational Services, suggests a diverse and stable demand for housing, potentially driven by a mix of local workers and students, with the employed population of 73,419 supporting the rental market.
What are the key factors influencing the quality of life for residents and, by extension, the attractiveness of Salem as an investment location?
+
The average commute time of 22.1 minutes, with top commute methods including driving alone, working from home, and carpooling, along with a high health insurance coverage rate of 92.5%, indicates a good quality of life, which can attract and retain residents, thereby supporting the local real estate market, especially considering the median property value of $283,400 and a homeownership rate of 58.2%.
How does the poverty rate and income inequality in Salem affect the potential for real estate investment?
+
The poverty rate of 14.1% and a GINI coefficient of 0.439 suggest that while there is some level of economic challenge, the overall economic stability, with a median household income of $53,508 and an employed population of 73,419, provides a foundation for real estate investment, particularly when considering the demand for housing from the diverse industries present in the city, such as Health Care & Social Assistance and Retail Trade.
What insights can be gleaned from the commute times, health insurance coverage, and top industries for assessing market stability in Salem?
+
The combination of a short average commute time of 22.1 minutes, high health insurance coverage of 92.5%, and a diverse set of top industries including Health Care & Social Assistance, Retail Trade, and Educational Services, points to a stable market with good quality of life, which is crucial for attracting and retaining residents, and thus, supporting the long-term viability of real estate investments in Salem, OR.
Salem OR Real Estate & City Facts
Key facts and real estate information about Salem OR.
What are some of the best neighborhoods to live in Salem?
+
Some of the best neighborhoods to live in Salem include downtown Salem, which offers a mix of historic homes and modern apartments, as well as neighborhoods like South Salem and West Salem, which offer more suburban living options. However, I could not find the specific neighborhoods to live in Salem, OR
What are some fun things to do in Salem?
+
There are plenty of fun things to do in Salem, including visiting the House Of The Seven Gables, the Salem Witch Trials Memorial, and the Peabody Essex Museum. You can also take a harbor tour, go on a walking tour, or visit one of the many museums and attractions in the area. Additionally, there are plenty of great food trucks and take-out options to choose from.
What is the food scene like in Salem?
+
The food scene in Salem is diverse and offers a range of options, including American-Style cuisine, New England seafood, modern Italian, and Mexican cuisine. Some popular restaurants include Village Tavern, Turners Seafood, and The Tavern. There are also plenty of great food trucks and take-out options to choose from.
What are the pros and cons of living in Salem?
+
The pros of living in Salem include its rich history and culture, beautiful architecture, and vibrant downtown area. However, some cons include the city's high cost of living, limited job opportunities, and crowded streets during tourist season. Additionally, the city's witch-themed attractions and activities may not be for everyone.
Is Salem a good place to live?
+
Overall, Salem is a great place to live for those who appreciate history, culture, and a vibrant community. While it may have its drawbacks, the city's unique character and attractions make it a desirable place to call home. However, it's worth noting that the specific pros and cons of living in Salem, OR could not be found
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Salem OR Commercial Property: $53,508
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement