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.

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.

5,844 SF freestanding retail building located on a half acre on a high traffic corner in downtown Independence.  The retail storefront is currently utilized as a convenience store and commercial restaurant.

• New commercial kitchen with stainless steel appliances, hood and grease trap
• 4 walk-in coolers (1 of which is Sub-Zero)
• Recent replacement of roof, compressors and HVAC system.
• Located directly across the street from Riverview Park, home to the 8 week River's Edge Summer Movie and Concert Series
• Adjacent to Riverview Park is the Independence Landing Redevelopment which includes a 75 room hotel, 110 apartments and 14 townhomes.

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.

Space available is Unit B which contains 10,481 SF.  The entire property is gated and fenced for security with three gated access points.  This pre-engineered metal building was constructed in 1978 and has gone through significant removations in the previous 6 months.  The property is in close proximity to other manufacutring/distribution/retailers.  New owner/user has made significant upgrades including a state of the art commercial grade security system.  Will be ready on 08.01.19 for a variet of industrial users.

• Clear Height of 16' 10"
• 480V 3 Phase heavy power
• One 14' h x 16'w grade level door
• Shared covered dock with 10' x 10' overhead door servicing four dock wells with level.
• 11,000 SF yard area included
• Landlord pays real estate taxes, insurance and exterior maintenance.
• Tenant Responsibilities:  Water/sewer; electricity; gas; interior building maintenance; contents and liability insurance; personal property taxes; trash removal and janitorial.

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

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. 4.11 acres of Special Agriculture zoned land.  Tenant will have exclusive use of all on-site facilities, including office, shop and hangar.  Located just west of downtown Salem, across the street from Illahe Hills Country Club.

• Modular Office: 1,050 SF
• Warehouse: 1,800 free span warehouse space (slab) with 240 SF office with restroom/shower.
• Tarped Structure:  3,200 SF
• Paved Driveway Area: 7,000 SF
• Tenant expenses include: Water/sewer; electricity; trash removal; gas; contents and liability insurance; interior building maintenance; HVAC quarterly maintenance, exterior building maintenance, janitorial and personal property taxes.

• 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

Centrally located four-plex sitting on one tax parcel.  Building is approx 9,105 SF and approximately .23 acres zoned RM2.  Within walking distance of shopping and restaurants in downtown Salem.

• Beautifully maintained Intalian Renaissance home converted to a four-plex.
• Property has great rental history with very low vacancy.
• Updates and repairs include porch rebuilds, newer vinyl windows, newer heating system, roofing, pain, flooring, etc.
• Units range in size from 1,561 SF to 2,242 SF.
• 7 on-site parking spaces.

There are currently five vacancies in this industrial park which consist of two double units at 1,440 SF and three single units at 720 SF

DOUBLE UNITS:  1,440 SF with two insulated man doors, two 12' grade level doors, one 75,000 BTU gas heater and one dedicated 220v, 200 amp electricial panel. $1,100/mo. (includes NNN).

SINGLE UNITS: 720 SF with one insulated man door, one 12' grade level door, one 75,000 BTU gas heater and one dedicated 220v, 200 amp electrical panel. $550/mo. (includes NNN).

TENANT EXPENSES:  Tenant shall be responsible for payment of electricity, trash removal, natural gas, contents & liability insurance, interior building maintenance, janitorial and personal property taxes.

• 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 $0.6138/SF/mo. NNN.  NNN's are estimated at $0.15/SF/mo.