3535 Fisher Rd NE
Salem OR 97305
3535 Fisher Rd NE
3535 Fisher Rd NE Salem OR 97305
Listing #: 701194 | Status: Available | Last Modified: 4/16/2026 |
For Sale
- Phone:(503) 706-1054
- Email:michelle@crystalip.com
- Office Name:Crystal Investment Property LLC
- Office Phone:(503) 530-1316
- Office Website:www.crystalip.com
- Agent Phone:(503) 530-1316
- Agent Email:joe.kennedy@crystalip.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 9,000,000.0
- $/SF$ 488.1
- Listing StatusAvailable
- Days on Market263
- Asset ClassHotel/Motel
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.33 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF18439
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF100273
- Acres2.3
- Property TypeHotel/Motel
- Office Type
- Building ClassB
- CountyMarion
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #072W07C 02102
- Additional Parcels072W07C 02103, 072W07C002103
- ZoningCG
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed
HomeTowne Studios Salem
Extended Stay Hotel With Repositioning Potential HomeTowne Studios Salem is a 129-key extended stay hotel in Oregon’s capital city, offering brand flexibility, operational upside, and strong demand from both business and leisure travelers. Located along I-5 in the heart of the Willamette Valley, the property benefits from consistent government, healthcare, and contractor demand, as well as year-round tourism tied to wine country, outdoor recreation, and regional events. The studio layout and highway frontage support repositioning as a hospitality asset or potential conversion to residential or workforce housing. This hotel is available individually or as part of a larger extended stay portfolio. Building size is approximate and all information is obtained from sources deemed reliable but