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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


Park Front

• Park Front will be a Class A premier office building with wonderful views of Riverfront Park, Minto Brown Park and the new Peter Courtney Minto Island Pedestrian Bridge.
• This classic designed building will have a similar feel to the flat topped style of New York City’s Flatiron Building.
• Urban office setting within walking distance to professional services, government agencies, restaurants and more.

Property Details:

Address:
235 Front Street SE
Salem, OR 97301
Price: $1.80/RSF/Month - NNN
Available SF: Approx. 3,312 to 7,055 RSF Remaining
Zone: CB (Central Business District)
Type: Office
Term: Lease
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

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: $300,000
Available SF: Approx. 2,036 SF office building
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Joshua Kay

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

Rare South Salem Redevelopment Opportunity

FEATURES
• Tax lot R72003 is 4.09 acres and R72006 is 2.89 acres.
• On-site well and septic system.
• Public utilities available at Sunnyside Road. Property is located within City of Salem.
• There are approximately 0.56 acres of wetlands identified on the property.
• 9,289 SF building is currently being utilized as a church.

Property Details:

Address:
6994 Sunnyside Rd. SE
Salem, OR 97306
Price: $1,095,000.00 ($156,877 per acre)
Available SF: Approx. 6.98 acres on two tax lots
Zone: RA (Residential Agriculture)
Type: Land, Other
Term: Sale
Broker: Terri Frohnmayer & Joshua Kay

Riverside Professional Center

SIZE

Approximately 23,153 gross SF and 22,004 rentable SF.
Situated on one tax parcel on approx. 2.07 acre (90,169 SF)


Suite 250: Approx. 3,076 USF | 3,384 RSF
Contains seven private offices and/or consultation rooms with good natural light, ample reception area, a larger open work/conference area(s), convenient waiting area, storage/server room, break and utility work room and one unisex ADA restroom. Landlord shall provide approx. 15 non-reserved parking spaces available to tenant’s employees and customers.

6% Fee to Tenant's Broker!

Property Details:

Address:
2925 River Rd. South
Salem, OR 97302
Price: $4,975,000 | Lease: $1.90/SF/Month - Full Service
Available SF: Total: 23,153 GSF | Ste.250: 3,384 RSF
Zone: CR (Commercial Retail)
Type: Office
Term: Sale, Lease
Broker: Terri Frohnmayer

SHERIDAN COMMERCIAL BUILDING

Located just south of the South Yamhill River, in the heart of downtown, this commercial building sits on 0.11 acres and is approximately 4,500 SF of commercial space on the main floor which is currently outfitted for a fitness facility. This main level went through an extensive remodel in recent years with premium finishes. The upper level is unimproved and approximately 4,500 SF

Property Details:

Address:
226 South Bridge Street
Sheridan, OR 97378
Price: $450,000.00
Available SF: Approx. 9,000 SF building on 0.11 acre
Zone: C (Commercial District)
Type: Other, Retail
Term: Sale
Broker: Terri Frohnmayer & Joshua Kay

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: $$4,025,000.00
Available SF: Approx. 13,022 SF
Zone: P (Public Overlay District)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

SOLD: 5.84 Acres Multi-Family Riverfront Land

SIZE
Approx. 5.84 acres of multi-family riverfront development land on 5 tax parcels

FEATURES

• Located on beautiful riverfront property east of Bowman Park. The park includes 26 acres of recreational areas which include a boat ramp, river access, fishing, picnic areas, restrooms, shelter and a hiking trail. Adjacent east of the subject property is City of Albany owned land which lies in a Significant Wetland Overlay District (/SW).
• This property is multi-family zoned with the designation RM, Medium Density which requires no greater than 25 units per gross acre.

Property Details:

Address:
595 Geary Street NE
Albany, OR 97321
Price: $CONFIDENTIAL
Available SF: Approx. 5.84 acres
Zone: RM (Residential Medium Density District)
Type: Land, Multi-Family
Term: Sale
Broker: Terri Frohnmayer

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: $195,000.00
Available SF: Approx. 1,877 SF on 0.31 acre
Zone: CO (Commercial Office)
Type: Office
Term: Sale
Broker: Jeff Miller

Stand Alone Medical Building

• Stand alone medical building was previously utilized as a multi-provider medical clinic.
• Large, open reception area and functional floor plan, a turn-key office for most medical providers.
• The building is free-span, so any interior reconfiguration can be achieved.
• This property is well positioned along the 12th & 13th Street corridors, with close proximity to Salem Hospital and other clinics.

Property Details:

Address:
1010 13th Street SE
Salem, OR 97302
Price: $399,000.00
Available SF: Approx. 2,400 SF on 0.20 acre
Zone: CO (Commercial Office)
Type: Office
Term: Sale
Broker: Joshua Kay

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

The Kenneth A Holmes Building - High Street

• This street level suite has its own entrance off of High Street.
• The corner suite is comprised of 7 private offices, 2-3 conference rooms, large reception/waiting area and 2 large open work areas.
• The suite includes access to a training area, a break room, ADA restrooms and secured on-site parking.

Property Details:

Address:
222 High Street
Salem, OR 97301
Price: $1.90/SF/Mo. - Full Service (less janitorial
Available SF: Approx. 5,147 USF | 5,662 RSF
Zone: CB (Commercial Business District)
Type: Office
Term: Lease
Broker: Terri Frohnmayer

The Kenneth A. Holmes Building - Ferry St. Suite 2

FEATURES
Suite includes 5 offices/conference and 3 designated parking spaces.

Property Details:

Address:
544 Ferry Street
Salem, OR 97301
Price: $$1.70/SF/Mo. - FS (excluding janitorial)
Available SF: Approx. 1,200 RSF | 1,091 USF
Zone: CB (Central Business District)
Type: Office
Term: Lease
Broker: Terri Frohnmayer

VISTA340

• 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: $1.85/SF/Mo. - FS
Available SF: 2nd Flr. N. Wing: 2,625 RSF | 2nd Flr. S. Wing: 1,650 RSF
Zone: CR (Commercial Retail)
Type: Office
Term: Lease
Broker: Terri Frohnmayer & Joshua Kay

West Salem Development Land

Tax Lot:  R07321DC02400: Approx. 7,405 SF

FEATURES
• Located in desirable West Salem on the Patterson Street corridor, this property is serviced by City of Salem water and sewer and in the West Salem Urban Renewal Area and Edgewater Street/Wallace Road
Area Overlay Zone 

• Centrally located in West Salem, the properties are within walking distance to many services located on Edgewater St. NW

Property Details:

Address:
Lot 2400 on 3rd Street NW
Salem, OR 97304
Price: $66,645.00 ($9.00/SF)
Available SF: Approx. 7,405 SF of developable land on one tax lot.
Zone: CO (Commercial Office)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

Woodburn Development Land

FEATURES:

Woodburn is situated within the Willamette Valley between I-5 and Highway 99.  It is within a 45 minute drive from Salem, the State Capitol and from Portland.

Located in the Urban Renewal District

The Commercial General (CG) Zone is a flexible zone and includes a variety of potential uses including but not limited to: public administration, government and public utility buildings, private/public schools, church and civic organizations, numerous retail trade services including restaurant, food and grocery, contractors, fitness and recreational sports, hotels/motels, office services/uses and other business services.

Property Details:

Address:
1310-1340 N. Pacific Hwy.
Woodburn, OR 97071
Price: $1,500,000.00 ($5.16/SF)
Available SF: 290,545 SF (6.67 acres)
Zone: CG (Commercial General)
Type: Land
Term: Sale
Broker: Terri Frohnmayer