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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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SOLD: 6 Tax Lots - Downtown Redevelopment Opportunity

Six tax lots located in downtown Salem.
Prime location for redevelopment.
Adjacent properties also available for sale.  Call for more details.

Property Details:

Address:
311 & 325 Commercial St. NE and more
Salem, OR 973010
Price: $Undisclosed
Available SF: 1.03 acres on 6 tax lots
Zone: CB (Central Business District)
Type: Retail
Term: Sale
Broker: Terri Frohnmayer

1.907 Acres Retail / Mixed Use Development Land

FEATURES
• Ideal development location within minutes of access to I-5 and downtown Salem and is serviced by City of Salem water and sewer, PGE and Northwest Natural.

• Traffic counts on Portland Rd. in this area average 10,000 - 20,000 cars per day while nearby Silverton Rd. averages 20,000 - 40,000 cars per day.

• Located in the North Gateway Urban Renewal Area whose mission is to attract aesthetically pleasing, job producing private investments and public improvements that will improve and stabilize property values and create a healthy and visually attractive northern gateway to Salem - Oregon’s Capitol City.

• Also located in an area of growth that includes: a Walgreen’s, Center 50+ (Salem Senior Center) and the Salem Kroc Center.

Property Details:

Address:
3300 Portland Rd. NE
Salem, OR 97301
Price: $1,080,000
Available SF: Lot 2: 1.907 AC
Zone: CR (Commercial Retail)
Type: Land, Retail
Term: Sale
Broker: Terri Frohnmayer

100 ACRE COLONIAL ESTATE & GOLF COURSE

Approx. 100.11 acres commercial land.
Property includes approx. 15,000+ SF of improvements: colonial estate and event center, pro-shop, maintenance shop, secured cart barn, carriage apartment and an additional 1,000 SF of unimproved retail space.

• The estate is anchored by a 6,000 SF colonial home with manicured gardens
• Full-service commercial kitchen complete with hood and range, walk-in freezer, dish-washing station, grease trap and large kitchen prep area
• Carriage apartment has 2 bedrooms and 1 bath and is currently generating income as a short term vacation rental

Property Details:

Address:
9301 SW BAYOU DRIVE
MCMINNVILLE, OR 97128
Price: $1,499,000
Available SF: Approx. 100.11 acres with 15,000 SF of improvements
Zone: RC (Recreational Commercial)
Type: Land, Other
Term: Sale
Broker: Terri Frohnmayer & Joshua Kay

25th Street Commercial Development Land

SIZE
Up to approx. 12.45 acres (542,322 SF) of commercial development land on four tax lots

FEATURES
• Great commercial development opportunity with nice frontage on 25th Street and excellent access to I-5 (north and southbound)
• IC (Industrial Commercial) Zone allows for a variety of uses including: retail sales and service, business and professional services, motor vehicle sales and service, education services, general manufacturing, warehousing and distribution, self-service storage and much more. There are no overlays on the property.

Property Details:

Address:
25th Street Land across from the Salem Airport
Salem, OR 97302
Price: $3,276,147.60
Available SF: Up to approx. 12.45 acres (542,322 SF) on four tax lots
Zone: IC (Industrial Commercial)
Type: Industrial, Land, Retail
Term: Sale
Broker: Terri Frohnmayer

5503 Commercial St. SE

  • Approx. .76 acres of Commercial Retail (CR) zoned land in the South Gateway Overlay Zone.
  • Site plans available for up to 6,800 SF retail building with drive-thru.
  • Highly desirable, high growth South Salem trade area.
  • Excellent exposure and signage to busy Commercial St. SE
  • High-growth trade corridor includes:  Wal-Mart, Safeway, Carl's Jr., Applebee's, Taco Bell, Burger King, McDonald's, Domino's Pizza and many others.
  • Traffic Counts: 26,080 - Commercial Street SE south of Baxter Rd. SE

Property Details:

Address:
5503 Commercial St. SE
Salem, OR 97306
Price: $698,500
Available SF: .76 Acres
Zone: Commercial Retail (CR)
Type: Land
Term: Sale
Broker: Terri Frohnmayer

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

Dallas Office/Retail Building

Premium Location!  Multi-Unit office building could accommodate multiple tenants or a single owner.  

  • 2,448 SF commercial office building located on E Ellendale next door to McDonalds and Napa Auto Parts. 
  • Excellent Visibility
  • Surplus land in the rear of the property lends itself for future expansion possibilities
  • CG (Commercial General) zoning supports a wide variety of commercial uses

Property Details:

Address:
211 E Ellendale Ave.
Dallas, OR 97338
Price: $399,000
Available SF: 2,448
Zone: CG (Commercial General)
Type: Office, Retail
Term: Sale
Broker: Josh Kay

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

Keizer Medical Office Building

Prime medical owner-user or investment opportunity. Formerly home to a neighborhood medical clinic occupied by Salem Health, the largest provider in the area. This building is newer construction, made of premium commercial materials, fully ADA accessible and elevator served. The building is structured in a way that would allow for two individual Tenants.

 

Property Details:

Address:
530-550 Dietz Ave. NE
Keizer, OR 97303
Price: $950,000
Available SF: 3,927
Zone: CM (Commercial Mixed Use)
Type: Office
Term: Sale
Broker: Josh Kay; Ruth Dana

Keizer Office Building

Charming office building on beautifully landscaped corner lot.  Building is well located, just north of the Salem Parkway at the corner of Liberty and Bliler Streets NE.  Large lot provides excellent parking in a fully fenced and secured yard, as well as parking in front of building and on street.

  • Ample secured/gated parking with additional street parking.
  • Many built-in's including built-in desks along wall in two offices.
  • Large kitchen with abundant storage.  Includes dishwasher, microwave and refrigerator.
  • Basement storage.
  • Beautifully landscaped yard.

Property Details:

Address:
353 Bliler Ave. NE
Salem, OR 97301
Price: $350,000
Available SF: 1,942
Zone: CO (Commercial Office)
Type: Office
Term: Sale
Broker: Josh Kay

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

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 Clinic

PRICE REDUCED!
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: $695,000
Available SF: Approx. 4,976 SF on 0.35 acre
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

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/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

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

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