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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


Single Tenant Office Building

Single tenant office building in an attractive setting, located off of Portland Road directly across the street from the PGE campus and next door to Kale's Nursery & Landscape Service.  The building served perviously as the main headquarters and training center for a state-wide organization.  The building has several private offices as well as a large training room that can accomodate up to 25 people.  There is ample parking available and access to a storage shed/shop in the rear for additional space requirements.

  • Building will be available for occupancy September 2020.
  • Four private offices including one large execurtive office with its own restroom.
  • Large conference/training room.
  • Large open reception/waiting area with built-in cabinets for storage.
  • Space is light and bright - lots of windows.
  • Beautifully landscaped yard.

Property Details:

Address:
5247 Portland Rd. NE
Salem, OR 97305
Price: $1.15/SF/mo. MG
Available SF: 2,412 SF
Zone: CG
Type: Office
Term: Lease
Broker: Josh Kay

South Lancaster CR Zoned Ground

South Salem Retail Development Land:  Site is south of Highway 22/Lancaster Drive SE interchange.  Located north of the newly built Stop-n-Save convenience store and adjacent to Home Depot and Kelly's Home Center.  Site is also within close proximity of severeal major distribution centers including Amazon, Fed Ex and Home Depot.  

Property Details:

Address:
1545 Lancaster Dr. SE
Salem, OR 97317
Price: $425,000
Available SF: 29,255
Zone: CR
Type: Land
Term: Sale
Broker: Josh Kay

South Salem Commercial Development Land

FEATURES
• Property is commercially zoned with the designation CR (Commercial Retail) and said zone will support a large variety of commercial uses - retail, office, medical, financial and more
• Utility services are to the property
• Located in south Salem with quick access to I-5

Property Details:

Address:
Fairway Ave. SE and SW Corner of Commercial St. SE
Salem, OR 97306
Price: $695,000.00 ($11.73/SF)
Available SF: Approx. 1.36 acres of land
Zone: CR (Commercial Retail)
Type: Land, Retail
Term: Sale
Broker: Terri Frohnmayer

South Salem Turn-Key Salon Space

This space is currently built-out turn-key for a salon user.  The main level features approximately 912 SF and the lower level has 864 SF.  The upper floor features a functional layout with hardwood floors, and mostly open space and a single restroom.  The lower level has washer/dryer facilities and full bathroom, and multiple private treatment rooms.  Lower level has a separate entrance and a secondary stairwell which will allow for an easy sub-lease situtaion.

  • Secure Storage
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Shower Facilities
  • Quaint Design

Property Details:

Address:
165 Owens St. S
Salem, OR 97302
Price: $1.30/SF/mo. MG
Available SF: 1,776
Zone: RM2
Type: Office, Retail
Term: Lease
Broker: Josh 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

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

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: 8.26 Acres RA Zoned Bare Land

8.26 Acres zoned RA, located just inside the Urban Growth Boundary with City services to the site.  The West Salem Neighborhood Plan gives right to a comp plan change to rezone this piece to RM.  The site sits east of Windsong at Eola Hills, southeast of Willamette Park Apartmnets and northeast of Aspen Grove Apartments.  

  • Seller has an active fill permit for 5 of the 8 acres.  Seller has been bringing fill in over the past five years.  
  • Site plan available for 118 units with five 12-unit buildings, three 18-unit buildings, and four townhouses.  
  • 25' wide access easement across adjoining 2030 Wallace Road NW.  

Property Details:

Address:
8.26 Acres Wallace Rd. NW
Salem, OR 97304
Price: $1,200,000
Available SF: 8.26 Acres
Zone: RA
Type: Land
Term: Sale
Broker: Ruth Dana