246 State St St, Salem, OR 97301 | MLS #832198 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIVMLS# 832198MLS ProviderContact Information: Direc: 503-884-6281
  • 331 days on site
  • 13 views

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

Source: Willamette Valley MLS, MLS#: 832198

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  • Property Type
    Commercial Sale
  • Lot
    0.12 acres

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  • Median Age
    33
  • Population Density
    4,886
  • College Educated
    25%
  • Estimated Median Income
    $45,959
  • Estimated Total Home Owners
    8,297
  • Estimated Total Renters
    11,013
  • Owner / Renter Divide
    43% / 57%
  • Estimated Average Household Size
    3
  • Total Population
    57,194
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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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.

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