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

Filter Properties

Property Type:

  Industrial
  Land
  Multi-Family
  Office
  Retail
  Other

Term:

  Sale
  Lease

Properties


SOLD: 15,000 SF Flex Retail Building

  • 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.

Property Details:

Address:
2425-2475 25th St. SE
Salem, OR 97302
Price: $Undisclosed
Available SF: 15,000
Zone: IC
Type: Retail
Term: Sale
Broker: Terri Frohnmayer/Ruth Dana

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: $1,799,000
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

1515-1535 Liberty St. SE

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.

Property Details:

Address:
1515-1535 Liberty St. SE
Salem, OR 97302
Price: $1,675,000
Available SF: 8,708
Zone: CO
Type: Office
Term: Sale
Broker: Terri Frohnmayer/Josh Kay

1515-1535 Liberty St. SE

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.

Property Details:

Address:
1515-1535 Liberty St. SE
Salem, OR 97302
Price: $$0.75 to $1.50/SF/mo. NNN
Available SF: 3,923, 3,500 & 1,285 SF
Zone: CO
Type: Office
Term: Lease
Broker: Terri Frohnmayer/Josh 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: $3,276,147.60
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

32.5 Acres RM Zoned Development Ground

  • 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.

Property Details:

Address:
5235 Riddell Rd.
Monmouth, OR 97361
Price: $1,500,000
Available SF: 1,415,700
Zone: RM
Type: Land, Multi-Family
Term: Sale
Broker: Terri Frohnmayer

333 High St. NE

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.

  • Elevator Served
  • ADA Restrooms
  • Functional open office designs, ready for potential improvements, if needed.
  • Four on-site parking spaces for available space.

Property Details:

Address:
333 High St. NE
Salem, OR 97301
Price: $0.75/SF/mo. FS less janitorial
Available SF: 933 to 4,806
Zone: CBD
Type: Office
Term: Lease
Broker: Terri Frohnmayer

3700 River Rd. N

  • Great visibility with River Rd. Frontage
  • Good parking at 4/1000
  • Space consists of four private offices/conference room
  • One ADA Restroom
  • Lobby/reception area
  • New Ownership/Management

Property Details:

Address:
3700 River Rd. N
Keizer, OR 97303
Price: $1.00/SF/mo. NNN
Available SF: 1,221
Zone: CM
Type: Office
Term: Lease
Broker: Jeff Miller

3700 River Rd. N - Suite 14

Approx. 1,000 rentable square feet of open salon/office space.  The space consists of open work area, includes one (1) breakroom with washer and dryer hook-ups and sink as well as one (1) storage area with sink and one (1) ADA restroom.

  • Four (4) Hair Stations
  • Two (2) Washing Stations
  • One (1) "Mixing Room"
  • All equipment is personal property and can be negotated to purchase outside of the lease negotiations.

Property Details:

Address:
3700 River Rd. N - Suite 14
Salem, OR 97303
Price: $1.00/SF/mo. NNN
Available SF: 1,000
Zone: CM - (Commercial Mixed Use)
Type: Retail
Term: Lease
Broker: Jeff Miller

5503 Commercial St. 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 Street SE
  • Utilities available to the site
  • Traffic Counts: 26,080 - Commercial Street south of Baxter Rd. SE

Property Details:

Address:
5503 Commercial St. SE
Salem, OR 97306
Price: $725,000
Available SF: .76 acres
Zone: CR (Commercial Retail)
Type:
Term:
Broker: Terri Frohnmayer

5503 Commercial St. 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

Property Details:

Address:
5503 Commercial St. SE
Salem, OR 97306
Price: $725,000
Available SF: .76 Acres
Zone: Commercial Retail (CR)
Type: Land
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.

Seller would consider a Sale/Lease-Back

Property Details:

Address:
17793-17835 SW Pacific Hwy
Tualatin, OR 97062
Price: $1,195,000
Available SF: 2500
Zone: CG - Commercial General
Type: Retail
Term: Sale
Broker: Ruth Dana

Candlewood Industrial Park

1,440 SF Available

Unit 1243 is 1,440 SF 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.

  • 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.

Property Details:

Address:
1243 Candlewood Dr. NE
Salem, OR 97303
Price: $$1,044/mo.
Available SF: 1440 SF +/-
Zone: IG (General Industrial)
Type: Industrial
Term: Lease
Broker: Jeff Miller

Commercial Development Land

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 Details:

Address:
7.18 acres +/- S Bridge St.
Salem, OR 97378
Price: $350,000
Available SF: 312,761
Zone: Commercial
Type: Land
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 and 5453
Zone: IC (Industrial Commercial)
Type: Office
Term: Lease
Broker: Joshua Kay, Terri Frohnmayer

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 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

First Generation Industrial Space

PROPERTY DESCRIPTION
• First generation, metal framed with metal siding (currently under construction). Entire property is approximately 3.02 acres (170,155 SF)
• Unit will have 208v 3-phase power, gas heat, fully insulated, three 10’ high grade level doors, clear height of approx. 12’6” to 17’7” at peak and will be serviced with city water and sewer.

Property Details:

Address:
565 Lloyd Lane
Independence, OR 97351
Price: $0.55/SF/Mo - NNN
Available SF: Approx. 11,968 SF
Zone: IH (Heavy Industrial)
Type: Industrial
Term: Lease
Broker: Jeff Miller

First Generation Retail Space

  • First generation retail space will be constructed of CMU block with glass frontage, metal awnings and a drive-thru.  
  • Building can accommodate two or three smaller retail tenants all of which will be served by NW Natural Gas, PGE and City of Salem water/sewer.
  • Parking ratio of 5/1,000 SF
  • Excellent accessibility to I-5 is only one half (0.5) miles from the Portland Rd. (Hwy. 99) I-5 Interchange.
  • Located on the Salem’s Cherriots transit line.
  • Listing broker is part of ownership.

Property Details:

Address:
3994 Portland Rd. NE
Salem, OR 97301
Price: $Call for Pricing
Available SF: approx. 2,652 RSF
Zone: CR (Commercial Retail)
Type: Retail
Term: Lease
Broker: Jeff Miller