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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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Term:

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Properties


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

Former Group Care Facility

Property consists of 0.27 acre which includes an approx. 4,530 SF 3 level residential dwelling.
Includes attic storage area of approx. 560 SF and a detached garage, approx. 440 SF.

Property Details:

Address:
425 14th Street NE
Salem, OR 97301
Price: $595,000.00
Available SF: Approx. 4,530 SF on 0.27 acre
Zone: RH (Multiple Family Residential High-Rise Residential)
Type: Multi-Family
Term: Sale
Broker: Terri Frohnmayer

Front Street Warehouse

PROPERTY DESCRIPTION

• Space is wet sprinkled and insulated with a 16’ clear height.

 • Bow truss roofing.

• Covered loading/unloading area.

• 10’H X 7’ W grade door

• Facility was built in approximately 1960.

 

Property Details:

Address:
901 Front Street NE
Salem, OR 97301
Price: $0.40/SF/Mo. - NNN
Available SF: Approx. 32,639 SF on approx. 1.16 acre of fenced and gated yard
Zone: RH (Multifamily High Rise Residential)
Type: Industrial
Term: Lease
Broker: Jeff Miller

High Visibility Keizer Office w/ Signage

Building offers excellent visibility and exposure along Lockhaven Dr. NE including ownership of the large lighted pole sign fronting Lockhaven Drive.

Main level: approx. 868 SF
Second level: approx. 910 SF

Property Details:

Address:
765 Lockhaven Dr. NE
Keizer, OR 97303
Price: $328,900.00
Available SF: Approx. 1,778 SF on 0.08 acre
Zone: CM (Commercial Mixed Use)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

Industrial Bare Ground

FEATURES:

Approximately 40.39 total acres consisting of six individual and contiguous tax parcels.

All zoned I (Industrial) 

Please see attached marketing package for more details

Property Details:

Address:
Monmouth Cut Off Rd & Godsey Rd.
Salem, OR 97338
Price: $2318437
Available SF: 40.39 total acres on 5 tax parcels
Zone: I (Industrial)
Type: Industrial, Land
Term: Sale
Broker: Terri Frohnmayer & Jeff Miller

Industrial Warehouse and Yard

Located just 2 miles from Interstate 5 exit access, this industrial property is suitable for a variety of industrial users. Located in Jefferson, Marion County, this property once was home to a woolen mill and manufacturing operation, which burned down. A 26,000 concrete slab remains where the structure once stood. After the event, the 6,000 SF warehouse was reconstructed with brand new insulation and siding and has been vacant. A truck well loading dock is situated off the back end which can accommodate a 53’ trailer for shipping and receiving.

Property Details:

Address:
1827 Talbot Rd. SE
Jefferson, OR 97352
Price: $555,000.00
Available SF: 6,000 SF Industrial Warehouse / 26,000 SF Concrete Slab on 1.98 acres
Zone: I (Industrial) Zone
Type: Industrial, Land
Term: Sale
Broker: Joshua Kay

Industrial Warehouse with Fenced Yard

INDUSTRIAL WAREHOUSE WITH FULLY FENCED YARD

Historically, this building was home to the Marion County shops. Ideally positioned along Silverton Rd and across from the State Fair Grounds. This industrial building is fully insulated, has a new roof and has newly installed interior heater units. Flexible IG zoning allows for a wide range of uses.

The existing configuration of the space allows for four (4) individual Tenantsuites of approximately 2,000 SF each. Conversely, one Tenant can absorb all of the usable square footage.

*Owner is fully paving and fencing perimeter of yard space in the coming weeks.

Tenant is responsible for: Water, Electricity, Gas, Contents & Liability Insurance, Trash Removal, Property Taxes.

Property Details:

Address:
1705 Silverton Rd. NE
Salem, OR 97301
Price: $Warehouse: 0.85/SF/mo. NNN | Yard: $0.07/SF/mo. NNN
Available SF: 8,000 SF +/- Warehouse | 23,958 SF +/- Yard Area
Zone: IG (Industrial General)
Type: Industrial
Term: Lease
Broker: Joshua Kay

Industrial Warehouse/Manufacturing w/ Dock

Total of approx. 26,660 SF
• 22,364 SF Industrial Floor
• 2,846 SF 1st floor office/break area
• 1,450 SF second floor office

Unit B Available For Lease (10,481 SF approx.)

Property Details:

Address:
1947 Claxter Rd. NE
Salem, OR 97301
Price: $2,150,000.00 | $0.55/SF/Mo - Modified Gross
Available SF: Approx. 26,660 SF warehouse w/ dock
Zone: IP (Industrial Park)
Type: Industrial
Term: Sale, Lease
Broker: Terri Frohnmayer & Jeff Miller

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: $1,915,000.00
Available SF: Approx. 10,378 SF on 0.84 acre
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

Keizer Office Suite

The Ramsey Dental Group building, is currently undergoing a complete renovation.  The suite consists of several offices, conference rooms, reception area, 2 restrooms, a kitchen and break room.

• CO (Commercial Office) Zone
• Abundant on-site shared parking
• Located in the heart of Keizer’s downtown core with easy access to Salem Parkway, I-5 and downtown Salem.

Property Details:

Address:
4724 River Rd. N.
Keizer, OR 97303
Price: $0.95/SF/Mo. - Modified Gross
Available SF: Approx. 1,300 SF
Zone: CO (Commercial Office)
Type: Office
Term: Lease
Broker: Joshua Kay

Madrona Office Park - Office Suite Available

$1.75/SF/Month - Full Service (excluding janitorial, voice/data services)
• First class medical or professional office space ready for co-tenant’s design and build out.
• The Landlord is open to provide an attractive TI package or extended free rent or combination of both, depending on the overall structure of the lease.

Property Details:

Address:
2045 Madrona Ave. SE
Salem, OR 97302
Price: $1.75/SF/Mo. - Full Service
Available SF: Approx. 2,356 SF
Zone: IC (Industrial Commercial)
Type: Office
Term: Lease
Broker: Jeff Miller

McNary Square Professional Offices

NOTES

•  Current floor plans have the first floor at approximately 10,238 gross square feet and the second floor at approximately 7,775 gross square feet.

• Building is elevator served and currently is comprised of six suites.

• Originally constructed in 1981 and has experienced good tenancy throughout the years with both public and private sector tenants

• Centrally located, close to downtown and the Marion St. bridge to West Salem

• Good on-site parking with a ratio of 4 : 1,000 SF

Property Details:

Address:
750 Front Street NE
Salem, OR 97301
Price: $1,950,000.00 | $1.32-$1.40/RSF/Mo. - FS
Available SF: 18,013 Gross SF on 1.24 AC | 618 RSF - 6,136 RSF
Zone: CO (Commercial Office)
Type: Office
Term: Sale, Lease
Broker: Terri Frohnmayer

New South Salem Retail Center

FEATURES
• New retail development located along Commercial Street SE in highly desirable, high-growth South Salem trade area.

• End-cap with drive thru will be considered for qualified tenants. 

• Owners will consider a build-to-suit or ground lease for a single-use tenant such as a bank or quick serve restaurant concept.

• Project will enjoy excellent exposure and signage to busy Commercial St. SE

• High-growth retail trade corridor includes: WalMart, Safeway, Carl’s Jr. Applebee’s, Taco Bell, Burger King, McDonald’s, Columbia Bank, Oregon Community Credit Union and many others.

Property Details:

Address:
5503 Commercial St. SE
Salem, OR 97306
Price: $TBD
Available SF: Approx. 1,200 - 6,600 SF
Zone: CR (Commercial Retail)
Type: Office, Retail
Term: Lease
Broker: Terri Frohnmayer

Northgate Center

FEATURES

• Originally built in 1971, the building is undergoing major renovations which include: new roof, siding, HVAC, exterior/interior lighting, exterior/interior paint, carpet, landscape upgrades, fenced parking, ceiling tiles and camera surveillance system.
• The facility is ADA accessible and the second floor is elevator served.
• Located at the north gateway to Salem with convenient access to I-5 only half mile away.

 

Property Details:

Address:
3850 Portland Rd. NE
Salem, OR 97301
Price: $0.95/SF/Month - Gross
Available SF: 2 suites: Approx. 753 RSF & 7,229 RSF
Zone: CR (Commercial Retail)
Type: Office
Term: Lease
Broker: Jeff Miller

Office Suite in the CEP Building

FEATURES

• Approx. 2,659 rentable SF of first class office space on the ground floor of a two-story Class A office building

• This beautifully designed building provides a mid-sized high tech multi-media auditorium and food service area that is available on a limited use basis by the Tenants of the building. ADA shared restrooms are provided.

• Site offers excellent on-site parking, 10 spaces plus designated visitor parking. Property is also located on Salem’s Cherriots transit line.

Property Details:

Address:
4070 27th Court SE
Salem, OR 97302
Price: $1.90/SF/Mo. - Full Service
Available SF: Approx. 2,659 RSF
Zone: IBC (Industrial Business Campus)
Type: Office
Term: Lease
Broker: Terri Frohnmayer

Oregon City Commercial Home/Office

• Completely rehabilitated historical 1920’s Craftsman Home/Office in Oregon City.
• Rare opportunity for live/work situation
• Full basement with separate entry and option to custom finish.

Property Details:

Address:
202 Molalla Ave.
Oregon City, OR 97045
Price: $419,995 ($236.48/SF)
Available SF: Approx. 1,776 SF on 0.23 acres
Zone: MUC-1 (Mixed Use Corridor District) & SFR (Single Family Residential)
Type: Office, Other
Term: Sale
Broker: Joshua Kay

Portland Rd. NE Development Land

This property is located at the signalized intersection of Portland Rd. NE and Lana Avenue.  Property is also located in a flexible zone in Salem and allows for many types of uses including retail sales and service, including restaurants, office & health services, civic services, some light industrial, construction contracting and warehousing to name a few.

Property Details:

Address:
3095 Portland Rd. NE
Salem, OR 97301
Price: $159,000.00 ($9.69/SF)
Available SF: One tax parcel, approx. 0.38 acres (16,500 SF)
Zone: IC (Industrial Commercial)
Type: Industrial, Land
Term: Sale
Broker: Terri Frohnmayer

Professional Clinic

SIZE
Professional Dental/Medical Office Approx. 4,976 SF on 0.35 acre (15,246 SF)

FEATURES
• Professional building currently includes a large reception/waiting area, 11 treatment rooms, 4-6 private offices, ADA restrooms and lab areas. The clinic is nicely designed and is well maintained.
• Lighted pole sign fronting Silverton Road goes with the property.
• On-site parking for both clients and employees and additional parking may be obtained across the alley for a fee.

Property Details:

Address:
4175 Silverton Rd. NE
Salem, OR 97305
Price: $795,000
Available SF: Approx. 4,976 SF on 0.35 acre
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

Professional Office in Croisan Creek Park

FEATURES
• Home to office conversion located in Croisan Creek Park on River Road South.
• Building has one private office, 2 large open work spaces, full kitchen with appliances, 2 restrooms (1 is
ADA), large walk-in supplies closet and two separate exposed loft storage areas, one accessible by stairs
and the other by drop down ladder.
• 12 on-site parking spaces, two of which are ADA.

Property Details:

Address:
3165 River Rd. South
Salem, OR 97302
Price: $1.45/SF/Mo. - Full Service
Available SF: Approx. 2,036 SF office building
Zone: CR (Commercial Retail)
Type: Office
Term:
Broker: Joshua Kay