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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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Properties


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 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 22,004 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

Small Office Suite for Sub-Lease

SUB-LEASE in Market Street Plaza.  Existing lease runs through May 1, 2020.  Can enter into a longer term lease if required, per Landlord.  Landlord to approve sub-tenant and their use prior to execution of any sub-lease agreement, which shall not be unreasonably withheld.

  • Two Office Areas
  • Storage Closet
  • One ADA Restroom

Property Details:

Address:
3000 Market St. Ste 528
Salem, OR 97301
Price: $884.00
Available SF: 550
Zone: CR (Commercial Retail)
Type: Office
Term: Lease
Broker: Terri Frohnmayer

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

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

Stayton Office/Retail Building

Two suite commercial office/retail building located on one tax parcel.  Currently leased out on a month to month basis.  Conveniently located in Stayton along a main throroughfair through town.  

Property Details:

Address:
220-240 E Ida St.
Stayton, OR 97383
Price: $335,000
Available SF: 4,970
Zone: DRMU
Type: Retail
Term: Sale
Broker: Joshua Kay

Sub-Lease: Market Plaza

This is a Sub-Lease:  Market Street Plaza - 550 SF available for $884/mo. FS excluding janitorial

Sub-lease runs through May 1, 2020.  Can enter into a longer term lease if required, per Landlord.  Landlord to approve sub-tenant and their use prior to execution of any sub-lease agreement, which shall not be unreasonably withheld.

  • Two Office Areas
  • Storage Closet
  • One ADA Restroom

Property Details:

Address:
3000 Market St. NE Ste 528
Salem, OR 97301
Price: $884.00
Available SF: 550
Zone: CR (Commercial Retail)
Type:
Term:
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

West Salem Office Suites Available

21 Oaks Professional Building located in West Salem.  Great value in a limited professional office leasing market in West Salem!

  • Prime West Salem Location
  • Expansive windows allowing for natural light and views
  • 3.8:1000 Parking Rtaion
  • Elevator Served/ADA Accessible
  • Located across the street from the new Pointe at Glen Creek, Roth's Fresh Market, Starbucks, Walgreens, Chase Bank, Post Office, Courthouse Fitness Center and many others.
  • Rentable square footage includes a 10% load factor.

Property Details:

Address:
525 Glen Creek Rd. NW
Salem, OR 97304
Price: $650 - $1625/mo.
Available SF: 473-1147
Zone: CR
Type:
Term:
Broker: Ruth Dana

West Salem Office Suites Available

Great value in a limited professional office leasing market in West Salem.  21 Oaks Professional building is located in West Salem at the intersection of Wallace Rd. NW and Glen Creek Rd. NW.  Four office suites now available.

  • Prime West Salem Location
  • Expansive windows allowing for natural light and views
  • 3.8:1000 Parking Ratio
  • Elevator Served/ADA Accessible
  • Located across the street from the new Pointe at Glen Creek, Roth's Fresh Market, Starbucks, Walgreens, Chase Bank, Post Office, Courthouse Fitness Center and many others.
  • Rentable square footage includes a 10% load factor.

Property Details:

Address:
525 Glen Creek Rd. NW
Salem, OR 97304
Price: $850 to $1625/mo. FS
Available SF: 600 -1147
Zone: CR
Type: Office
Term: Lease
Broker: Ruth Dana

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