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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: SILVERTON MEDICAL OFFICE INVESTMENT

Approximately 13,022 SF medical office building on 0.82 acres

Located across the street from Legacy Silverton Medical Center and in an area of other medical providers.

Multi-story medical building that encompasses the following: 1,816 SF on the Lower Level, 6,490 SF on the Main Level and 4,716 SF on the Upper Level. Total gross leasable area is 13,022 SF.

Property Details:

Address:
450-456 Welch Street
Silverton, OR 97381
Price: $CONFIDENTIAL
Available SF: Approx. 13,022 SF
Zone: P (Public Overlay District)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

SOLD: 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: $Confidential
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

SOLD: INVESTMENT: John L. Scott West Salem Building

• This building has an attractive brick exterior, expansive windows for wonderful interior natural light.
• Includes numerous private offices throughout plus conference areas and a generous sized training room.
• Interior was professionally designed and appointed and the entire property is beautifully maintained.
• 100% leased with the following services: real estate residential sales, mortgage services, property management and legal services.

Property includes an additional buildable pad site of approx. 10,000 SF for a small future building.

Property Details:

Address:
1124 Cornucopia St. NW
Salem, OR 97304
Price: $Confidential
Available SF: Approx. 10,378 SF on 0.84 acre
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

SOLD: South Salem Professional Office

SIZE
Approx. 1,877 SF office on 0.31 acre
(951 SF finished office & 926 unfinished basement)

PROPERTY DESCRIPTION
• This charming house to office conversion (originally constructed in 1948 with updates in 1995) is located  just south of the Commercial St. SE / Madrona Ave. SE intersection on the west side of Commercial St. SE.
• Amenities include an open floor plan, ADA accessibility, ADA restroom, great natural light, security system, reception area, ample storage with lots of built-in cabinetry and storage, great view to the north, sprinkler system, large/oversized lot, park like setting with approximately three (3) on-site parking and ample street parking on Mary Ave. SE.

 

Property Details:

Address:
630 Mary Ave. SE
Salem, OR 97302
Price: $Undisclosed
Available SF: Approx. 1,877 SF on 0.31 acre
Zone: CO (Commercial Office)
Type: Office
Term: Sale
Broker: Jeff Miller

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

.54 Acres Bare Land - Portland Rd.

Property is located in northeast Salem, with close proximity to I-5.  Located in a flexible zone that allows for many types of uses including retail sales and service, restaurants, office & health services, civic services, some light industrial, construction and warehousing uses.

Ideally located in an emerging area of NE Salem.  Property is located in the North Gateway Urban Renewal Area and eligible for grant program.

Property Details:

Address:
3005-3043 Portland Rd. NE
Salem, OR 97301
Price: $150,000
Available SF: 23317
Zone: IC
Type: Land
Term: Sale
Broker: 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

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 Industrial Portfolio

Four contiguous parcels, centrally located on their individual tax lots, and are positioned in a grid, relatively equidistant from one another.

Each improved with four detached, steel-frame, metal-clad, warehouses that are 80 feet wide x 60 feet deep (4800 SF each) built in 1996.

Builds 1 & 4, 6500/6400:  North buildings are owner-occupied (Direct Flooring Center).  Owner to leaseback at a TBD rate for a TBD term.

Building 3, 6500 is home to Pointe Pest Control, new tenant on a five year term.

Building 2, 5300:  Vacant and ready for owner/user.

Property Details:

Address:
3474 18th Ave. SE, 3486 18th Ave. SE, 1855 Fescue St. SE and 1862 Rye St. SE
Albany, OR 97322
Price: $2,400,000
Available SF: 19,200
Zone: IL
Type: Industrial
Term: Sale
Broker: Joshua Kay

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

• 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: $750,000
Available SF: Approx. 7 acres on 3 tax lots
Zone: RS-10 (Residential Single-Family District)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Allen Plaza

FEATURES

• Very nice office/retail Investment Property:  2 commercial buildings, approx. 13,500 SF on one tax parcel, approx. 0.77 acre.
• Great central Keizer location with easy access to I-5 via Salem Parkway
• Signage is available on River Road N and Cherry Ave. NE and above entrance to the suite
• New exterior paint

• Two Suites Available For Lease

• Suite 4118 - Approx. 1600 SF.  Includes 3-4 private offices/conf. area, open work space and ADA restroom

• Suite 4120 - Approx. 1400 SF.  Includes large overhead door, separate entry/waiting area and open/expansive work area.  Newly painted.

• Current Tenants: York Custom Mechanical, Salem-Keizer Brazilian Jiu-Jitsu and retailer "We Buy Stuff".

Property Details:

Address:
4120-4122 River Rd. N & 4155-4159 Cherry Ave. NE
Keizer, OR 97303
Price: $1,300,000.00 | $0.80/SF/Mo. to $1.05/SF/mo. MG
Available SF: 13,500 SF (2 Bldgs) | 4120 River Rd. Suite B: 1,400 SF
Zone: CM (Commercial Mixed Use)
Type: Office, Retail
Term: Sale, Lease
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

Candlewood Industrial Park

Units 1239 & 1255: Single Unit:  $522/month. Consisting of 720 SF with one insulated man door, one 12’ grade level door, one 75,000 BTU gas heater and one dedicated 22v, 200 amp electrical panel.

Unit 1275:  $1,044/mo. Approx. 1,344 Sf double unit.  Includes two insulated man doors, two 12' grade level doors, one 75,000 BTU gas heater and one dedicated 220v, 200 amp electrical panel.

Property Details:

Address:
1239, 1255 and 1275 Candlewood Dr. NE
Salem, OR 97303
Price: $522/mo. and $1,044/mo.
Available SF: 720 SF and 1,344 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: $415,000
Available SF: 312,761
Zone: Commercial
Type: Land
Term: Sale
Broker: Ruth Dana