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First Commercial Real Estate
3550 Liberty Road South, Suite 290
Salem, Oregon 97302-5622
Phone: 503.364.7400   |   Fax: 503.364.7422

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Properties


SOLD: Commercial Street Professional Office

FEATURES
• Professional office building located on busy Commercial St. SE located just to the south of City Hall and within walking distance of downtown.

• Space is currently comprised of a nice sized reception/waiting area, numerous private and windowed offices, open landscape area, employee break area and two restrooms.

Property Details:

Address:
735 Commercial St. SE
Salem, OR 97301
Price: $CONFIDENTIAL
Available SF: Approx. 3,588 SF
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

SOLD: Ontario Investment - Dialysis Clinic

FEATURES
• Building was originally constructed in 2003 as a dialysis clinic and utilizes approximately 1.14 acres for the clinic with excellent on-site parking, 48 spaces. *Included is additional land considered surplus, approx. 2.24 acres, $300,000.00.
• Current floor plans depict the out-patient dialysis clinic at 5,622 RSF with 12 treatment stations, attractive waiting area, multiple exam rooms, conference and training areas, re-use area and RO water treatment area/storage, typical of a dialysis clinic.

Property Details:

Address:
515 East Lane
Ontario, OR 97914
Price: $Confidential
Available SF: Approx. 5,622 rentable SF on 3.39 AC
Zone: C-2 (General Commercial)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

VISTA340 - 100% LEASED

• Long known as the Prudential Building this building is an iconic staple to the South Salem landscape. Now christened VISTA340, this office building is new inside and out.
• Rich Duncan Construction is the project coordinator for this beautiful remodel.
• Lease is a full service rate less janitorial.
• Lease rate includes a Tenant Improvement (TI) allowance for new floor coverings, wall paint and some wall structures for a qualified tenant.

Property Details:

Address:
340 Vista Ave. SE
Salem, OR 97302
Price: $CONFIDENTIAL
Available SF:
Zone: CR (Commercial Retail)
Type: Office
Term: Lease
Broker: Terri Frohnmayer & Joshua Kay

100 ACRE COLONIAL ESTATE & GOLF COURSE

Approx. 100.11 acres commercial land.
Property includes approx. 15,000+ SF of improvements: colonial estate and event center, pro-shop, maintenance shop, secured cart barn, carriage apartment and an additional 1,000 SF of unimproved retail space.

• The estate is anchored by a 6,000 SF colonial home with manicured gardens
• Full-service commercial kitchen complete with hood and range, walk-in freezer, dish-washing station, grease trap and large kitchen prep area
• Carriage apartment has 2 bedrooms and 1 bath and is currently generating income as a short term vacation rental

Property Details:

Address:
9301 SW BAYOU DRIVE
MCMINNVILLE,, OR 97128
Price: $1,999,000.00
Available SF: Approx. 100.11 acres with 15,000 SF of improvements
Zone: RC (Recreational Commercial)
Type: Land, Other
Term: Sale
Broker: Terri Frohnmayer & Joshua Kay

12th Street Office Building

Fully improved professional office building, approximately 6,338 SF on 0.41 acre

• Professional office building with several points of entry suitable for single or multi-tenant use
• Two story building includes a reception/waiting area on each floor with numerous private offices
• Approx. 15 private offices, three generous conference areas, six restrooms and one break area
• Constructed in 1967 (remodeled over the years) and is designed around an outdoor courtyard
• There are approximately 20 to 22 on-site parking spaces for both clients and employees

Property Details:

Address:
2701-2731 12th Street SE
Salem, OR 97302
Price: $REDUCED: Now: $598,000.00 | Lease: $1.20/SF/Mo (1st Floor) $1.10/SF/Mo. (2nd Floor)
Available SF: Approx. 6,338 SF on 0.41 acre | Various suite sizes available for lease
Zone: CO (Commercial Office)
Type: Office
Term: Sale, Lease
Broker: Terri Frohnmayer

12th Street Office Suite

SUITE SIZE AND LEASE RATE
$0.90/SF/MO - Modified Gross
Tenant responsible for electricity, garbage, interior maintenance, telephone/internet, security and janitorial.
Suite 240: Approx. 2,045 SF +/-

Property Details:

Address:
2735 12th Street SE
Salem, OR 97302
Price: $0.90/SF/Mo. - Modified Gross
Available SF: Approx. 2,045 SF +/-
Zone: CO (Commercial Office)
Type: Office
Term: Lease
Broker: Jeff Miller

2 Special Ag. Zoned Lots

FEATURES
• Lots are to be sold together. Each lot is approximately 1.58 acres (68,825 SF).
• This is a restrictive zoning classification which requires agricultural production of a minimum $80,000 per year in order to qualify for a “farm” dwelling. The small warehouse building on lot 300 is concrete slab on grade, wood framed, with metal siding and is approximately 1,980 SF with 4 grade level roll-up doors.

Property Details:

Address:
Lots 100 & 300 on Wickiup Street SE
Salem, OR 97317
Price: $89,000.00 ($0.65/SF)
Available SF: Two lots approximately 3.16 acres total
Zone: SA (Special Agriculture)
Type: Land
Term: Sale
Broker: Terri Frohnmayer & Joshua Kay

25th Street Commercial Development Land

SIZE
Approx. 12.45 acres (542,322 SF) of commercial development land on four tax lots

FEATURES
• Great commercial development opportunity with nice frontage on 25th Street and excellent access to I-5 (north and southbound)
• IC (Industrial Commercial) Zone allows for a variety of uses including: retail sales and service, business and professional services, motor vehicle sales and service, education services, general manufacturing, warehousing and distribution, self-service storage and much more. There are no overlays on the property.

Property Details:

Address:
25th Street Land across from the Salem Airport
Salem, OR 97302
Price: $4,067,000 ($7.50/SF)
Available SF: Approx. 12.45 acres (542,322 SF) on four tax lots
Zone: IC (Industrial Commercial)
Type: Industrial, Land, Retail
Term: Sale
Broker: Terri Frohnmayer

3.24 Acres Retail / Mixed Use Development Land

FEATURES
• Ideal development location within minutes of access to I-5 and downtown Salem and is serviced by City of Salem water and sewer, PGE and Northwest Natural.

• Traffic counts on Portland Rd. in this area average 10,000 - 20,000 cars per day while nearby Silverton Rd. averages 20,000 - 40,000 cars per day.

• Located in the North Gateway Urban Renewal Area whose mission is to attract aesthetically pleasing, job producing private investments and public improvements that will improve and stabilize property values and create a healthy and visually attractive northern gateway to Salem - Oregon’s Capitol City.

• Also located in an area of growth that includes: a Walgreen’s, Center 50+ (Salem Senior Center) and the Salem Kroc Center.

Property Details:

Address:
3350 Portland Rd. NE
Salem, OR 97301
Price: $1,835,000.00
Available SF: Lot 1: 1.333 AC | Lot 2: 1.907 AC
Zone: CR (Commercial Retail)
Type: Land, Retail
Term: Sale
Broker: Terri Frohnmayer

6 Tax Lots - Downtown Redevelopment Opportunity

Six tax lots located in downtown Salem.
Prime location for redevelopment.
Adjacent properties also available for sale.  Call for more details.

Property Details:

Address:
311 & 325 Commercial St. NE and more
Salem, OR 973010
Price: $2,250,000.00
Available SF: 1.03 acres on 6 tax lots
Zone: CB (Central Business District)
Type: Retail
Term: Sale
Broker: Terri Frohnmayer

Albany Residential Development Land

PRICE REDUCED!

• Served by all public utilities from the City of Albany: water, storm water and sanitary sewer

• Also served by electricity and natural gas

• 6.5 acres of development land

• A residential dwelling on one half acre (lot #202)

• Older barn on tax lot #100

Property Details:

Address:
3168 NW 24th Ave.
Albany, OR 97321
Price: $995,000.00
Available SF: Approx. 7 acres on 3 tax lots
Zone: RS-10 (Residential Single-Family District)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Astoria Professional Office

FEATURES
•Building was most recently utilized as a daycare.  Includes break area, storage area, three restrooms and multiple open work areas
• Well suited for owner-user but can also be demised to accommodate up to two tenants
• Site is centrally located within walking distance of Marine Drive and old town Astoria
• 18 on-site parking spaces with street parking also available

Property Details:

Address:
279 6th Street
Astoria, OR 97103
Price: $418,000.00
Available SF: Approx. 2,886 SF on 0.22 acres (two tax lots)
Zone: C-4 (Central Commercial)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

Auto Sales Facility - Tualatin, OR

Auto sales facility in great location in Tualatin, Oregon. 1.64 acres on two tax lots with a 2,200 SF building used as their sales office. Zoning has a conditional use for automotive in the CG Zone. High traffic location and great visibility.

Nice open sales area

One private and two semi-private offices with open cubicles and workspaces.

Can accommodate up to 100 cars for sales lot.

Property Details:

Address:
17793-17835 SW Pacific Hwy
Tualatin, OR 97062
Price: $1,400,000
Available SF: 2500
Zone: CG - Commercial General
Type:
Term: Sale
Broker: Ruth Dana

Creekside Corporate Center

Creekside Corporate Center is Salem’s preeminent business park, complete with on-site management, full janitorial and facility services.

Tenant improvements are negotiable and the exact allowance is dependent on credit worthiness of Tenant and the financial viability of prospective lease terms.

Conveniently located adjacent to I-5, and within minutes from the State Capitol, Salem Hospital, the Salem Municipal Airport and downtown Salem.

Beautiful 20 acre professional office campus, built in 1999, in a parklike setting.

Property Details:

Address:
670 Hawthorne Ave. SE
Salem, OR 97301
Price: $2.15/SF/mo. FS
Available SF: 2,222; 2450; and 5453
Zone: IC (Industrial Commercial)
Type: Office
Term: Lease
Broker: Joshua Kay, Terri Frohnmayer

Dallas Leased Investment Property

Leased investment property.  Approx. 1,896 SF on .28 acres.  Current Tenant is H & R Block - lease runs through October 5, 2022. 

  • Fully remodeled in 1997
  • Functional layout consisting of open area with cubicle workspaces
  • 18 on-site parking spaces

Property Details:

Address:
452 E Ellendale Ave.
Dallas, OR 97338
Price: $275,000
Available SF: 1,896
Zone: CG - Commercial General
Type: Office
Term: Sale
Broker: Joshua Kay

Development Land Near I-5

Property consists of one tax parcel, approx. 4.76 acres of development land.
Includes 2 older homes and miscellaneous outbuildings.

$199,600 per acre | Sold “As Is”

Property Details:

Address:
2411 Delaney Rd. SE
Salem, OR 97306
Price: $950,000.00
Available SF: 4.76 acres of development land
Zone: ID (Interchange District)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Downtown Redevelopment Opportunity

PROPERTY DESCRIPTION
Multiple improved office/mixed use buildings currently utilized as a men’s shelter operated and owned by Union Gospel Mission. The building(s) square footage area is approximately 30,986 SF of improvements on 1.10 acres (on 4 tax lots).

Adjacent properties also available for sale.

Property Details:

Address:
345, 355, 365 Commercial St. NE & 360 Front St. NE
Salem, OR 97301
Price: $1,550,000.00
Available SF: Approx. 30,986 SF of improvements on 1.10 acres (4 tax lots)
Zone: CB (Central Business District)
Type: Retail
Term: Sale
Broker: Terri Frohnmayer

Downtown Salem Restaurant | Retail Opportunity

• Currently outfitted for a commercial restaurant space with seating for 80 in the dining area and an additional 80 seats in the event/banquet space.
• Kitchen is fully operational with range and good, walk-in cooler and food prep stations.
• Property is located in the Riverfront Downtown Urban Renewal Area and eligible for grant financing.

Property Details:

Address:
440 State Street
Salem, OR 97301
Price: $699,000.00 | $0.80/SF/Mo. - MG
Available SF: Approx. 9,384 SF building on approx. 0.14 acre
Zone: CB (Central Business District)
Type: Retail
Term: Sale, Lease
Broker: Terri Frohnmayer & Joshua Kay

Downtown Salem's Preeminent Redevelopment

OFFICE or RETAIL - 260 LIBERTY ST.

Suite 10: (Lower Level) Approx. 11,200 RSF $0.90/SF/Mo. - Full Service (less janitorial)
Lower level is to be taken in “As-Is” Condition.

Suite 200 (Upper Level) Approx. 11,000 RSF (can be demised) $1.85/SF/Mo. - Full Service (less janitorial)
Upper level office space will include a Tenant Improvement Allowance of $30.00/USF for interior improvements such as floor covering, wall paint, demising wall structures, break area, etc. for a financially qualified tenant.

RETAIL or OFFICE - 268 LIBERTY ST.:  Street Level Approx. 2,000 USF  $1.80/SF/Mo. - NNN

In the heart of downtown Salem and across from regional shopping center, Salem Center and Liberty Plaza. Close proximity to Salem area restaurants, shopping, hospitality, entertainment, transit, State and County government offices, Riverfront Park and more.

 

Property Details:

Address:
260 Liberty St. NE
Salem, OR 97301
Price: $0.80/SF/Mo. - $1.85/SF/Mo. - Full Service
Available SF: 2,000 - 11,200 SF
Zone: CB (Central Business District)
Type: Office, Retail
Term: Lease
Broker: Terri Frohnmayer & Joshua Kay

Elmira Residence & Commercial Investment Opportunity

Property contains two building structures, a primary residence and a two-tenant commercial space. Large lot with surplus property in rear for further development.  Both buildings built in 1936 .  Former gas station decommissioned through DEQ.

Property Details:

Address:
88921 Territorial Hwy. SE
Elmira, OR 97437-9752
Price: $395000.00
Available SF: 1,200 SF residence & 2,114 SF shop/retail bldg on 1.02 acres
Zone: RC (Rural Commercial)
Type: Other, Retail
Term: Sale
Broker: Joshua Kay