Properties

Two level professional office building located in the Central Business District of Salem at the signalized intersection of High and Ferry Street SE.  The building size measures 21,600 GSF and 20,554 net RSF plus the parking garage (21,911 SF) and site on .57 Acre.  This very quiet building is well contructed (built 1964) and has been professionally upgraded over the years.  The current tenant mix includes four tenants on the main level with two smaller vacant suites available.

• Very rare on-site secured parking garage (65 spaces) on the second level with ramp access along High Street.
• Signalized corner location
• ADA accessible on the main level.
• Fully sprinkled
• Compatible blend of professional office tenants
• Building amenities include the on-site parking garage, shared break room and conference room, both fully equipped and available for use by all tenants.
• Property is located in the Opportunity Zone.

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

• Single story flex building situated on one 1.31 acres (57,064 SF) tax lot.
• Suite 2425: 3,500 SF showroom; 3,500 SF warehouse.
• Suite 2475: 5,000 SF of showroom and 3,000 SF of warehouse.  Includes two large roll-up doors.
• 50 Parking Spaces
• IC (Industrial Commercial) Zone.

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.

10,474 SF Light Industrial Building with Office on .45 acres.  Approx. 3,586 SF ground level office space along with an additional 1,080 SF of second level office space.  Warehouse contains approx. 5,738 SF of open space, which has two bonus office spaces (not included in square footage). accessible by interior stairwell.  The entire roof structure was replaced in November of 2018.

• Warehouse: 5,738 SF +/-
• Office: 3,586 SF +/-
• Building is currently leased to two month-to-month office users and gym user that can vacate with 120 days notice.

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

69,660 GSF concrete warehouse/manufacturing facility including a small interior office component. The property includes adequate on-site and off-site parking for employees. CAM's are estimated in the range of $0.03 - $0.05/SF per month.

• Facility is designed for light manufacturing and/or warehouse/distribution
• Reinforced cement flooring for industrial uses.
• Includes 8 - 14' x 14' grade level overhead doors and 2 grade level man doors.
• Three Phase 480V Power
• All utilities separately metered
• Construction type is III-N with a wet sprinkler system
• The warehouse/manufacturing area is an open area floor plan with clear height of approx. 24-24 feet including two support columns 20 foot on center north to south and 80 foot on center east to west.
• Property is in the Enterprise Zone.
• This is a Sub-Lease

The structure is approximately 8,708 SF on two levels; 1,285 SF in the finished lower level. The main floor is currently divided into two suites, a medical suite of
approximately 3,923 SF (Suite 1535) and a professional office suite (Suite 1515) of approximately 3,500 SF.

This location is highly desirable for medical and professional office users and is centrally positioned in accessing all parts of Salem including downtown Salem,
Salem Hospital, I-5 and West Salem. The property is also located on Salem's Cherriots transit line.

The structure is approximately 8,708 SF on two levels:
The main floor is currently divided into two suites:
Suite 1535 - Medical Suite - Approximately 3,923 SF - $1.50/SF/mo. NNN
Suite 1515 - Professional Office - Approximately 3,500 SF - $1.35/SF/mo. NNN
Finished Lower Level - 1,285 SF. Can be accessed from Suite 1515 - $0.75/SF/mo. NNN
and is nicely designed for work overflow, work stations and dry storage. Restroom included.

SIZE
Up to 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.

• Approx. 32.5 acres of medium density residential (RM) zoned development land.
• Property currently consists of 33.93 acres, but the property to be sold is land only and does not include the residence, garage, and the barn, which are estimated at 1.5 to 2.0 acres.  Property has been annexed into the City of Monmouth with public utilities available upon development (water, storm water and sanitary sewer).
• The land has some wetlands according to the City of Monmouth and the wetlands will require delineation.
• Property is partially fenced.
• Prior to the sale, the residence at 5235 Riddell Rd. will require a partition to separate the residence, garage and barn from the land being sold.

Office space located in a three-level professional office building in downtown Salem.  Lower level in space includes up to three (3) suites from 933 RSF to 4,806 RSF.

Street Level Space is 402 RSF.  Great street exposure.  Tenant has access to ADA restrooms on the second floor.  

• Elevator Served
• ADA Restrooms
• Functional open office designs, ready for potential improvements, if needed.
• On-site parking may be available.

• Approx. .76 acres of Commercial Retail (CR) zoned land in the South Gateway Overlay Zone.  
• Site plans available for up to 6,800 SF retail building with drive-thru.
• Highly desirable, high-growth South Salem trade area.
• Excellent exposure and signage to busy Commercial Street SE
• Utilities available to the site
• Traffic Counts: 26,080 - Commercial Street south of Baxter Rd. SE

• Approx. .76 acres of Commercial Retail (CR) zoned land in the South Gateway Overlay Zone.
• Site plans available for up to 6,800 SF retail building with drive-thru.
• Highly desirable, high growth South Salem trade area.
• Excellent exposure and signage to busy Commercial St. SE
• High-growth trade corridor includes:  Wal-Mart, Safeway, Carl's Jr., Applebee's, Taco Bell, Burger King, McDonald's, Domino's Pizza and many others.
• Traffic Counts: 26,080 - Commercial Street SE south of Baxter Rd. SE

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.

Seller would consider a Sale/Lease-Back

1,440 SF Available

Unit 1243 is 1,440 SF double unit and has small office and mezzanine storage. Includes two man doors, two 12' grade level doors, one 75,000 BTU gas heater and one dedicated 220v, 200 amp electricial panel.

Unit 1253 is 720 SF single unit.  Includes one man door, one 12' grade level door, one 75,000 BTU gas heater and one dedicated 220v, 200 amp electrical panel.

• Located in the City of Keizer between Cherry Avenue and Salem Parkway, the property has easy access to I-5 via the Parkway.
• Located in an IG (General Industrial) Zone
• Base rent is $0.625/SF/mo. NNN.  NNN's are estimated at $0.10/SF/mo.

7.18 acres +/- well suited for a development that would include a hotel/motel along with other supporting retail serving the community.

Property is surrounded by a newer residential housing development, a church and an industrial facilitiy.

Conceptual site plans available that include grocery, fast food, gas station, and hotel/motel.

Excellent visibility from Hwy 18 (Salmon River Hwy)

Access off of S Bridge Street, next to Nazarene Church.

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”

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.