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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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Property Type:

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Term:

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Properties


Candlewood Industrial Park

UNIT 1257 -  DOUBLE UNIT AVAILABLE:  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 electrical panel. Also includes small office area and mezzanine storage.  $1,100/mo. (includes NNN).

UNIT 1255 - SINGLE UNIT AVAILABLE:  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.

Property Details:

Address:
1255 & 1257 Candlewood Dr. NE
Salem, OR 97303
Price: $$1,100 (incl. NNN)
Available SF: 720 and 1440 SF +/-
Zone: IG (General Industrial)
Type: Industrial
Term: Lease
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

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.

$167,000 per acre | Sold “As Is”

Property Details:

Address:
2411 Delaney Rd. SE
Salem, OR 97306
Price: $795,000
Available SF: 4.76 acres of development land
Zone: ID (Interchange District)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Downtown Office Space Available For Lease

This professional office suite was formerly the home of a private wealth management firm. Available October 2019, this suite is turn-key for any professional office user demand, featuring a lower level with grand reception, two private executive offices and a large conference room, totaling 1,305 SF. The 350 SF 2nd level interior mezzanine contains two private offices that overlook reception and two open area work stations fully wired for a plug-and-play scenario. There is an exit in the rear of spaces which gets you to the common area restrooms which are shared amongst the other lower level users.
  • Rare downtown professional office opportunity
  • Professionally remodeled historic preservation development
  • Diverse tenant mix in a highly trafficked pedestrian area.

Property Details:

Address:
102 Liberty St. SE, Ste 102
Salem, OR 97302
Price: $2.05/SF/mo. MG
Available SF: 1655
Zone: CB (Central Business District)
Type: Office
Term: Lease
Broker: Joshua Kay

Downtown Office/Retail Space - Sub-Lease

Downtown professional office space with a mostly open configuration.  Space includes a private office, break area, work area and two restrooms.

Highly desirable location for retail or proessional office users.

Centrally poisitioned in downtown Salem with convenient access to all parts of Salem including West Salem and Keizer and easy access to I-5. 

The building as six (6) parking spaces and one (1) ADA with additional on-street parking available (three hour) on CHemeketa St. NE.

Fantastic signage on high traffic arterial.

Sub-lease runs through June 30, 2023.

Property Details:

Address:
205 Chemeketa St. NE
Salem, OR 97301
Price: $3509/mo. NNN
Available SF: 3488
Zone: CB
Type: Office, Retail
Term: Lease
Broker: Terri Frohnmayer; Ruth Dana; Jordan Truitt

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.

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 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

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

Freestanding Warehouse - Aurora

Freestanding warehouse in excellent condition.  Building consists of approx. 8425 SF of warehouse and 1,375 SF of office which includes a large reception area, 3 priate offices, break room, and 2 ADA restrooms.  

  • Building was constructed in 2004
  • Fully fire sprinkled
  • Two dock doors with truck wells
  • Two grade level large drive-thru roll doors
  • Clear height of 24-26’
  • Engineered mezzanine in warehouse, accessible by stairs

Property Details:

Address:
12148 Sky Lane NE
Aurora, OR 97002
Price: $1,300,000
Available SF: 9,800
Zone: ID (Interchange District)
Type: Industrial
Term: Sale
Broker: Joshua Kay

Freestanding Warehouse - Aurora

Freestanding warehouse in excellent condition.  Building consists of approx. 8,425 SF of warehouse and 1,375 SF of office which includes a large reception area, 3 priate offices, break room, and 2 ADA restrooms.  

  • Building was constructed in 2004
  • Fully fire sprinkled
  • Two dock doors with truck wells
  • Two grade level large drive-thru roll doors
  • Clear height of 24-26’
  • Engineered mezzanine in warehouse, accessible by stairs

Property Details:

Address:
12148 Sky Lane NE
Aurora, OR 97002
Price: $0.85/SF/mo. NNN
Available SF: 9,800
Zone: ID (Interchange District)
Type: Industrial
Term: Lease
Broker: Joshua Kay

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 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.  Completely resurfaced.  Newly installed secure perimeter fencing.

Tenant is responsible for: Water, Electricity, Gas, Janitorial, Contents & Liability Insurance, Trash Removal, Real Property Taxes, Interior Building Maintenance and Landscape/Parking Area Maintenance.

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: 2,100 SF +/- Warehouse | 109,900 SF +/- Yard Space
Zone: IG (Industrial General)
Type: Industrial
Term: Lease
Broker: Joshua Kay

Keizer Salon Space - 1,000 SF

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 negotiated to purchase outside of the lease negotiations.\
  • NNN's estimated at $0l2853/SF/mo.

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:
Term:
Broker: Jeff Miller

Last Available Lot - Madrona Office Park

  • Last available buildable lot in the attractive Madrona Office Park; a five building office campus situated on approx. 2.46 acres in beautiful park like setting.
  • The site exceeds code parking requirements with a dedicated 3.8 parking ratio for the future building.
  • The office campus consists of a shared ingress/egress easement and includes an association with CC&R's to maintain common elements and uniformity throughout the campus.
  • The building exterior design requires existing defined design elements elements as seen in the current buildings within the park; however, the Buyer can build-to-suit its own specific interior requirements.

Property Details:

Address:
2000 Blk Madrona Ave. SE (Lot 3)
Salem, OR 97302
Price: $376,000
Available SF: .66 Acres
Zone: IC
Type: Land
Term: Sale
Broker: Terri Frohnmayer

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 1.04 AC | 618 RSF - 6,136 RSF
Zone: CO (Commercial Office)
Type: Office
Term: Sale, Lease
Broker: Terri Frohnmayer

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

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

Office Space in Iconic Morrow Crane Building

  • Professional office space located on the ground floor of the iconic Morrow Crane Building.  
  • Space is configured with three private offices, large open area set up for systems furniture, and storage/small break area.  Shared restrooms with adjoining tenant(s).  
  • Large and small conference rooms on this floor are available for Tenant’s use plus a large shared break area. 
  • Building receptionist located at the primary entrance to direct clients.
  • Ample shared parking. 

Property Details:

Address:
3218 Pringle Rd. SE Ste 110
Salem, OR 97302
Price: $1.63/RSF/mo.
Available SF: 2,261 USF | 3,204 RSF
Zone: CO (Commercial Office)
Type: Office
Term: Lease
Broker: Terri Frohnmayer; Ruth Dana; Jordan Truitt

Office/Warehouse Space

4,472 SF space configured with office area, three restrooms, warehouse and rear roll-up doors.  Ample parking provided as well as additional on-street parking.

Centrally positioned in NE Salem and located close to the State Fairgrounds.  Easy access to downtown Salem.

Property Details:

Address:
1154 Madison St. SE
Salem, OR 97301
Price: $0.85/SF/mo. MG
Available SF: 4,472 SF
Zone: IC & CR
Type: Industrial
Term: Lease
Broker: Jordan Truitt

PENDING: Downtown Redevelopment Opportunity

PROPERTY DESCRIPTION
Multiple improved office/mixed use buildings currently utilized as a men’s shelter operated and owned by Union Gospel Mission. The building(s) square footage area is approximately 30,986 SF of improvements on 1.10 acres (on 4 tax lots).

Adjacent properties also available for sale.

Property Details:

Address:
345, 355, 365 Commercial St. NE & 360 Front St. NE
Salem, OR 97301
Price: $1,550,000.00
Available SF: Approx. 30,986 SF of improvements on 1.10 acres (4 tax lots)
Zone: CB (Central Business District)
Type: Retail
Term: Sale
Broker: Terri Frohnmayer