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First Commercial Real Estate
365 State St.
Salem, Oregon 97301
Phone: 503.364.7400   |   Fax: 503.364.7422

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Properties


SOLD: Riverside Professional Center

New to the market!  Solid investment opportunity, Riverside Professional Center, an attractive two-level medical/professional office building with visibility along River Rd. South in south Salem.  Bordering Croisan Creek, the building is ADA accessible including elevator service, fully sprinkled and includes a compatible blend of medical and professional office tenants.  It is beautifully designed and appointed (interior and exterior) with nature/park views from the expansive windows on both levels.

The building size is approximately 23,153 gross SF and 22,024 rentable SF.

The office building is positioned as an excellent investment opportunity - 100% leased. 

Property Details:

Address:
2925 River Rd. S
Salem, OR 97302
Price: $Call for details
Available SF: 23,153 GSF
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

1.907 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:
3300 Portland Rd. NE
Salem, OR 97301
Price: $1,080,000
Available SF: Lot 2: 1.907 AC
Zone: CR (Commercial Retail)
Type: Land, Retail
Term: Sale
Broker: Terri Frohnmayer

1220 & 1225 20th St. SE - SALE

8,150 SF industrial warehouse/office/retail building on .38 acre. Adjacent .20 acre lot with 832 SF residential structure also included. The main building is approximately 2,900 SF of retail and office space on two floors and 5,250 SF of industrial warehouse space. Includes very functional front retail area with drop ceiling providing ample room for display. Building has been home to Cascade Sound for many years.

  • Facility includes loading dock/ truck well
  • Rear shipping/receiving area
  • Upstairs office area includes employee break area
  • Adjacent .20 acre lot with 832 SF residential structure is included

Property Details:

Address:
1220 & 1225 20th St. SE
Salem, OR 97302
Price: $1,300,000
Available SF: 8,150 Warehouse; 832 House
Zone: IC (Industrial Commercial)
Type: Industrial
Term: Sale
Broker: Josh Kay; Jordan Truitt

1225 20th St. SE - LEASE

8,150 SF industrial warehouse/office/retail building.  Approx. 2,900 SF of retail and office space on two floors and 5,250 SF of industrial warehouse space.  Very functional front retail area with drop ceiling provides ample room for display.  Building has been home to Cascade Sound for many years.  Facility includes loading dock/truck well.

  • Real shipping/receiving area.
  • Upstairs office area includes employee break area.
  • If leasing, extra yard area is available for additional parking and can be rented for additional $1,000/mo.

Property Details:

Address:
1225 20th St. SE
Salem, OR 97302
Price: $ 0.75/SF/mo. MG
Available SF: 8,712
Zone: IC (Industrial Commercial)
Type: Industrial
Term: Lease
Broker: Josh Kay; Jordan Truitt

1957 Claxter Rd. NE

7,150 SF of warehouse/distribution space with convenient I-5 access via Salem Parkway with excellent exposure.

  • One dock and one grade level man door
  • 24' clear height
  • Fully sprinkled
  • Two restrooms
  • One office with sink
  • Additional 8' x 8' dock door available if needed to accomodate tenant's use.

Property Details:

Address:
1957 Claxter Rd. NE
Salem, OR 97301
Price: $0.65/SF/mo. NNN
Available SF: 7,150
Zone: IP (Industrial Park)
Type: Industrial
Term: Lease
Broker: Joshua Kay

27,600 SF Industrial Building - Jefferson

Industrial building available in Jefferson, OR.  The building has three 14' x 16' grade level roll-up doors along with four dock-high doors.  The space is heated by ceiling mounted gas pack units and is fully insulated on the roof line with concrete exterior walls.  Additionally the space is fire sprinkled with a redundant above ground reservoir tank, as space is served by well.

Property Details:

Address:
10467 Sunnyside Rd. SE
Jefferson, OR 97352
Price: $0.72/SF/mo. NNN
Available SF: 27,600
Zone: I (Industrial)
Type: Industrial
Term: Lease
Broker: Joshua Kay

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 3,280 RSF

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

Property Details:

Address:
333 High St. NE
Salem, OR 97301
Price: $0.75/mo. FS less janitorial
Available SF: 933-3280
Zone: CBD
Type: Office
Term: Lease
Broker: Terri Frohnmayer; Ruth Dana

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: $698,500
Available SF: .76 Acres
Zone: Commercial Retail (CR)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Albany Office Building

Well located office building, off of Pacific Blvd. in Albany. Functional layout with large windows that provide abundant light throughout much of the space. Storage room located off of back entrance as well as additional storage closet/mechanical room. On-site parking lot with approx. 10 parking spaces.

  • Reception/Waiting Area
  • Two Private Offices
  • Large Open Work Area
  • Kitchenette
  • Two Restrooms, one with shower

Property Details:

Address:
409 Ermine St. SE
Albany, OR 97321
Price: $259,900.00
Available SF: 1,392
Zone: CC (Community Commercial)
Type: Office
Term: Sale
Broker: Ruth Dana

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

Dallas Office/Retail Building

Premium Location!  Multi-Unit office building could accommodate multiple tenants or a single owner.  

  • 2,448 SF commercial office building located on E Ellendale next door to McDonalds and Napa Auto Parts. 
  • Excellent Visibility
  • Surplus land in the rear of the property lends itself for future expansion possibilities
  • CG (Commercial General) zoning supports a wide variety of commercial uses

Property Details:

Address:
211 E Ellendale Ave.
Dallas, OR 97338
Price: $350,000
Available SF: 2,448
Zone: CG (Commercial General)
Type: Office, Retail
Term: Sale
Broker: Josh Kay

Downtown Office/Retail Space

Downtown professional office space with amazing visibility and signage on the corner of Chemeketa and Front Street NE. Space was previously built out for dental office, but could easily converted for general office or retail.  Space includes a front lobby area with faux fireplace, several private offices, open work space, work room and ADA restroom.

  • Highly Visible Location
  • Traffic Counts - 28,750
  • On-site Parking Includes 3 Parking Spots plus one shared ADA space.

Property Details:

Address:
205 Chemeketa St. NE Ste 170
Salem, OR 97301
Price: $1.36/SF/mo. MG
Available SF: 2,100
Zone: CBD
Type: Office, Retail
Term: Lease
Broker: Josh Kay; Ruth Dana

Downtown Salem Office Space

Downtown office space in multi-tenant building.  Space includes reception area, three private offices, and break/work room.  Abundant windows provide downtown views and ample light.  

  • Elevator Served
  • ADA Restrooms
  • Some on-site parking may be available
  • Highly visible location along High and Court Streets

Property Details:

Address:
333 High Street NE Ste 202
Salem, OR 97301
Price: $1.95/SF/mo. FS
Available SF: 800
Zone: CBD
Type: Office
Term: Lease
Broker: Terri Frohnmayer; Ruth Dana

Free Standing Building | Corner Location

Free standing, 4,000 SF single level utility building currently used for automotive repair and service.  The current use has been in place for decades. The interior includes one restroom, waiting area and business office.  The property provides for ample on-site parking.

  • Excellent visibility and exposure along State and 25th
  • Good ingress/egress via State/25th Streets
  • On signalized corner
  • Excellent property for re-purposing for an owner/user within the newly created Mixed-Use (MUII) Zone.

Property Details:

Address:
2530 State Street
Salem, OR 97301
Price: $499,000
Available SF: 4,000
Zone: MUII
Type: Retail
Term: Sale
Broker: Terri Frohnmayer & Jordan Truitt

Industrial Flex Office Building

21,624 SF industrial flex office building on 1.21 acres. Building is a combination of professionally appointed office space and well maintained warehouse/distribution space. The primary suite of the building (Suite 100) is currently leased until September 2021 to an electrical contractor. There are three additional demarcated suites totaling approx. 9,092 SF. Each suite is private with separate entrances and contain a mix of functional office and warehouse space, supporting an array of commercial and industrial users. The location offers excellent visibility from the Salem Parkway with lighted signage facing the parkway and door and clear height is approx. 20’ to 24’

Property Details:

Address:
3535 Del Webb Ave NE
Salem, OR 97301
Price: $3,650,000
Available SF: 21,624
Zone: IG
Type: Industrial, Office
Term: Sale, Lease
Broker: Josh Kay; Terri Frohnmayer

Keizer Multi-Family Land

8.17 acres residential development land located in the heart of Keizer.  Property is entitled for 112 multifamily units.  RM (Medium Density Residential) with MHDR (Medium High Density Residential) Keizer Comprehensive Plan Designation.

  • Located in Keizer, OR on Verda Lane NE between Chamawa Rd. NE and Dearborn NE.

  • Within close proximity to Keizer Station with national retailers Target, Ross, Marshalls, Lowe’s, Staples and many others.

  • Nearby schools include Kennedy Elementary, Claggett Creek Middle School, Cummings Elementary and McNary High School

Property Details:

Address:
4845 Verda Lane NE
Keizer, OR 97303
Price: $2,650,000
Available SF: 8.17 Acres
Zone: MHDR (Medium High Density Residential)
Type: Land
Term: Sale
Broker: Josh Kay

Keizer Retail/Flex Space

3,000 SF retail flex space that has been most recently occupied by a Jiu Jitsu studio.  Open configuration with one private office as well as two restrooms with showers.  NNN's add'l $0.13/SF/mo.

AREA DESCRIPTION

  •  Central Keizer location with access from River Rd. N and Cherry Ave.
  • Surrounding tenants in complex include: Keizer Chamber of Commerce, Friends of Felines, York Mechanical and Willamette Sash and Door.

Property Details:

Address:
4122 River Rd. N
Keizer, OR 97303
Price: $1.00/SF/mo. NNN
Available SF: 3,000
Zone: CM (Commercial Mixed Use)
Type: Office, Retail
Term: Lease
Broker: Josh Kay

Miller St. SE, 350

  • The Lighthouse, an attractive medical/professional office building visible along Liberty St. SE with Miller St. SE bordering the north.
  • The office building is ADA accessible and is approximately 8,960 gross SF with 7,950 RSF. The building consists of two levels with the main level designed
    and improved for medical use, approximately 3,878 SF plus a garage/storage area of 530 SF.
  • The second level office space is elevator served consisting of numerous private offices, large conference room, break area, storage capacity and restrooms.
  • The first floor is currently leased by Liberty Spine and Pain Clinic, who occupies 4,408 SF. Call listing office for income and expense information.
  • The nicely appointed second level is 3,542 RSF and is available for lease or suitable for an owner/user.

Property Details:

Address:
Miller St. SE, 350
Salem, OR 97302
Price: $1,895,000
Available SF: 8,960
Zone: CO
Type: Office
Term: Sale
Broker: Terri Frohnmayer

Mission Street Crossing Restaurant Space

In-line, turn-key restaurant space located at Mission Street Crossing.  Excellent signage with visibility on one of Salem's busiest thoroughfaires with traffic counts in excess of 45,000 cars per day.

Space has been built out for restaurant and was most recently occupied by Oishi Asian Cafe.  Space is equipped with a hood,, freezer, cooler, fryer, counters, tables and chairs.  

Property Details:

Address:
1221 23rd St SE Ste 140
Salem, OR 97302
Price: $20.00/SF/YR. NNN
Available SF: 1,467
Zone: IC (Industrial Commercial)
Type: Retail
Term: Lease
Broker: Ruth Dana

Mission Street Crossing Retail Space

Mission Street Crossing - 1,822 SF of in-line retail or office space.  Excellent signage and visibility with traffic counts in excess of 45,000 cars per day. 

Space is currently built out as office with several private offices, open work area and ADA restroom.

Property Details:

Address:
1221 23rd St. SE
Salem, OR 97302
Price: $16.00/SF/Yr. NNN
Available SF: 1,822
Zone: IC
Type: Retail
Term: Lease
Broker: Ruth Dana