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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


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

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

Pacific Office Automation Building

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 & Josh Kay

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

Portfolio of Four Industrial/Office Buildings

Sale Price - All 4 Buildings - $3,900,000

BUILDING A: 10476 SUNNYSIDE RD. SE - $2,600,000 
2.00 acres and improved with a 27,600 SF concrete tilt warehouse with corporate office facilities. 24,000 SF (150' x 160') of fully-insulated, gas heated and clear span warehouse and 3,600 SF of corporate grade office space on two levels.  Brand new fire suppression system throughout warehouse and lab areas. Three large grade level overhead doors and four dock high 8' x 8' roll doors. APN R36285.

BUILDING B1: 10466 SUNNYSIDE RD. SE - $950,000 
11,200 SF free span warehouse, pre-engineered structure with 20' eves and four 16' x 18' grade level overhead roll doors. 8,200 SF is currently leased through 01/31/2023 with 2 options
to extend. Fully renovated, 1,968 SF free-standing office building included. APN R36287.

BUILDING B2: 10466 SUNNYSIDE RD. SE - $850,000
13,250 SF warehouse that is pre-engineered with metal clad siding. Currently leased to long-term tenant, Sharpcor Inc. through 03/31/2020. This building is planned to be partitioned
from the existing lot. APN R36287.

Property Details:

Address:
10466-10476 Sunnyside Rd. SE
Jefferson, OR 97352
Price: $3,900,000
Available SF: 52,050
Zone: Industrial
Type: Industrial
Term: Sale
Broker: Joshua Kay

Professional Office or Retail Building

Well located building that has most recently been used for medical, but could also be converted to retail.  Built in 1964 and renovated in 1998.  The building is currently configured with a large reception/waiting area with built-in reception counter and administrative office behind.  There are seven exam/treatment rooms, five of which are equipped with sinks.  The east end of the space has a separate entrance to area that was used as display. 

A stairwell provides access to the second floor, which includes a small laboratory, a kitchenette, private office and a single restroom with employee lockers.  

  • Located in one of Salem's Opportunity Zones.
  • Highly desirable location for medical/professional office or retail users. 
  • Centrally positioned for accessing all areas of Salem.
  • Excellent exposure and building signage fronting Capitol St. with visibility from Union Street as well.
  • 14 on-site parking spaces including one (1) ADA.

Property Details:

Address:
660 Capitol St. NE
Salem, OR 97301
Price: $605,000
Available SF: 2,897 +/-
Zone: CR (Commercial Retail)
Type: Office, Retail
Term: Sale
Broker: Terri Frohnmayer, Ruth Dana, Jordan Truitt

Professional Office Space Visible to Liberty St. SE

FEATURES
• Professional office building known as the "Lighthouse" Professional office. 

 • Elevator served second story office space consisting of numerous private offices, large conference room, break area, storage capacity and restrooms.

• The interior of the space is nicely designed with expansive windows and the interior office layout is very functional with 7 private offices.

 

 

Property Details:

Address:
350 Miller Street SE
Salem, OR 97302
Price: $1.65/SF/Mo. - Modified Gross
Available SF: Approx. 3,542 RSF
Zone: CO (Commercial Office)
Type: Office
Term: Lease
Broker: Terri Frohnmayer

Professional Office/Medical Building -

Professional medical office building previously occupied by a dentist.  Excellent exposure and building signage on State Street.  Gross building area is 2,745 SF which includes 1,568 SF on the ground floor, 617 SF of second floor space and 560 SF in the basement of which 275 SF is finished dental lab space.  

The main floor includes a front lobby/waiting area, five operatories, offices, lab area and restroom.  Compressor/vacuum/water is stubbed to each operatory.  A stairwell in the private office provides access to the second flor, which includes an employee break area with sink/dishwasher, half bathroom, and storage area.  

Space is also available For Lease - 2,185 SF (First and Second Floors) - $3,600/mo. MG.  

Property Details:

Address:
1800 State Street
Salem, OR 97301
Price: $565,000 | $3,600/mo. MG
Available SF: 2,745
Zone: MU-II
Type: Office
Term: Sale, Lease
Broker: Ruth Dana

Quiet Park-Like Professional Office

FEATURES
• Professional office space in a quiet park-like setting located just off Commercial St. SE with views of the creek.
• Space includes 5 private offices, large reception/waiting area, kitchenette area, 2 restrooms and a storage area.
• Located on lower level of building, but is ADA accessible.
• Tenant responsible for: Electricity, content & liability insurance, interior building maintenance, janitorial and personal property taxes.
• This location provides good access to downtown and South Salem including numerous businesses and retail services.
• Shared on-site parking provided with some street parking available on Welcome Way.

Property Details:

Address:
876 Welcome Way SE
Salem, OR 97302
Price: $0.95/RSF/Mo. - Modified Gross
Available SF: Approx. 2,037 RSF
Zone: CO (Commercial Office)
Type: Office
Term:
Broker: Terri Frohnmayer

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: $4,815,000
Available SF: 23,153 GSF
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

State Street - Commercial Development Land

This commercial development land is located along State Street, a major arterial into and out of downtown Salem.  The property consists of one tax parcel fronting State Street, approximately 116 linear feet. All city services are to the site (electricity, natural gas, water/sewer and phone/data access). Property lies within the 100-year floodplain.

The property was rezoned in 2008 to Commercial Retail (CR) and proposed preliminary plans allow for a two story professional office/medical building approximately 4,500 SF with 1,500 SF on the main level and an ADA second level of 3,000 SF. With the 4,500 SF office building the parking ratio is 4.5 / 1,000. The owner will build-to-suit and provide a turnkey project for a qualified Buyer.

Property Details:

Address:
2020 State Street
Salem, OR 97301
Price: $230,000
Available SF: 0.413 acre (18,000 SF)
Zone: CR (Commercial Retail)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Sub-Lease: South Salem Professional Office Space

An attractive professional office facility known as Riverside Professional Center, located along River Rd. South and bordered by Croisan Creek in South Salem.

The professional office building is fully sprinkled, consists of two levels with Suites 250 and 280 available on the second level.

The entire building is fully ADA accessible and is nicely designed/appointed and includes attractive treed / park like views from the expansive windows.

SUB-LEASE TERM:

Suite 250 runs through 09.30.2023 
Suite 280 - Minimum three (3) year term preferred.

Property Details:

Address:
2925 River Rd. S Suites 250 & 280
Salem, OR 97302
Price: $1.95/RSF/mo. FS
Available SF: 1,605 & 1,799
Zone: CR (Commercial Retail)
Type: Office
Term: Lease
Broker: Terri Frohnmayer

The Meridian - Office/Retail Space Available

Street-level creative office/retail space available.  Tenant improvements available.

Other buildings tenants include Cascade Cardiology, First American Title, and AFLAC.

Conveniently located at the intersection of Mission and Commercial Streets, two of Salem's major arterials. Just south of downtown, and blocks away from Salem Health, City Hall, State Capitol and government offices.  

Property Details:

Address:
777 Commercial St. SE
Salem, OR 97301
Price: $1.70/SF/mo. FS
Available SF: 3,129 (can demise)
Zone: CR
Type: Office, Retail
Term: Lease
Broker: Jordan Truitt

Turn Key Manufacturing Facility - West Salem

 Four (4) individual tax lots and two (2) industrial buildings totaling 29,014 SF. The tax lots total 2.93 acres (127,631 SF). Building E, which sits adjacent to Salem Electric, totals 14,482 SF and contains an internally mounted and engineered crane system. Situated to the north of this building there is a large yard area on it own separate tax lot of approximately .92 total acres. Building D, which sits across the shared driveway from Building E, is 14, 532 SF and contains a 1,762 SF room that was specially constructed for highly sensitive manufacturing processes, most recently a titanium casting area. Adjacent to this building is another yard area and stand alone tax lot of approximately .25 total acres. Of the total surplus yard area, located north of the two buildings, we estimate a total usable area of approximately one half (.50) acre.

 

  • Internally mounted and engineered crane system
  • Large yard area
  • 1,762 SF of Building D specially constructed for highly sensitive manufacturing process, most recently titanium casting area

Property Details:

Address:
795 and 825 9th NW
Salem, OR 97304
Price: $2,400,000 | $0.05 to $0.55/SF/mo. NNN
Available SF: 29,014
Zone: IP (Industrial Park)
Type: Industrial
Term: Sale, Lease
Broker: Josh Kay

Two Furnished Downtown Small Office Suites

Two downtown 2nd floor, furnished, small office suites with interior brick walls in a beautifuly appointed historic building, registered as a historic landmark building.

Suite 206:  139 SF available at $325.00/mo. Full Service.
Suite 204:  256 SF available at $575.00/mo. Full Service.

The building provides common area restrooms, break room, conference room and a "birds nest loft" via a spiral staircase for all the occupants of the second floor.

Lease structure is Full Service with tenant responsible for its own janitorial, voice/data services, personal property taxes and contents and liability insurance.

Property Details:

Address:
247 Commercial St. NE Ste 204 & 206
Salem, OR 97301
Price: $325 to $575
Available SF: 139 & 256 SF +/-
Zone: CB (Central Business District)
Type: Office
Term: Lease
Broker: Ruth Dana/Jordan Truitt

West Salem Manufacturing Facility

96,339 SF manufacturing facility on one tax lot, totaling 4.45 acres. There are three buildings, ranging in size from 4,415 SF to 81,899 SF. The main structure is 81,899 SF which includes 7,820 SF of fully-furnished office space and a 4,415 SF dock for shipping and receiving. There are two (2) other auxiliary industrial buildings which total 14,440 SF with secure employee parking in-between. The main structure is built into four (4) bays, bestowing significant internal improvements, including an overhead crane, with multiple grade level roll-up doors and an internal graded ramp system throughout. The main structure is fully fire sprinkled.

 

  • 7,820 SF fully furnished office space
  • 4,415 SF shipping and receiving dock
  • Overhead crane
  • Multiple grade level roll-up doors
  • Internal graded ramp system throughout
  • Main structure is fully fire sprinkled - robust and thorough safety program

Property Details:

Address:
859 7th St. NW
Salem, OR 97304
Price: $6,350,000 | $0.25 to $0.72/SF/mo. NNN
Available SF: 96,339
Zone: IP (Industrial Park)
Type: Industrial
Term: Sale, Lease
Broker: Josh Kay