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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


Industrial Bare Ground

FEATURES:

Approximately 40.39 total acres consisting of six individual and contiguous tax parcels.

All zoned I (Industrial) 

Please see attached marketing package for more details

Property Details:

Address:
Monmouth Cut Off Rd & Godsey Rd.
Salem, OR 97338
Price: $2318437
Available SF: 40.39 total acres on 5 tax parcels
Zone: I (Industrial)
Type: Industrial, Land
Term: Sale
Broker: Terri Frohnmayer & Jeff Miller

Large Building in Downtown Dallas Urban Renewal District

FEATURES
• This downtown Dallas, OR retail property is within the favorable CBD zone and will support a wide variety of uses, including retail, office and medical
• A former grocery store, this building has an open floor plan and is located one block from City Hall
• Grade level 9’ roll-up door with storage
• There is a 2nd floor level of approximately 8,500 SF
• Parking Ratio: 4/1,000 SF (48 parking spaces)
• Located in the City of Dallas, Urban Renewal District

Property Details:

Address:
121 SW Oak Street
Salem, OR 97338
Price: $355000.00
Available SF: Approx. 12,138 SF building on 0.72 acre
Zone: CB (Central Business District)
Type: Retail
Term: Sale
Broker: Joshua Kay

Madrona Office Campus

DESCRIPTION:  Beautifully designed office campus with two remaining office buildings with approximate square footage as follows:

Building 2 - 6,880 SF       Building 3 - 5,767 SF

FINANCING OPTIONS
1. Seller will carry contract   2. Seller will carry a second to be used as a Buyer’s down payment    3. Lease with purchase option

LAND PURCHASE ALSO AVAILABLE:

Lot 1000  Approx. 0.66 acre (28,858 SF)   $476,000 ($16.50/SF)

Lot 900   Approx. 0.49 acre (21,468 SF)    $354,000 ($16.50/SF)

Property Details:

Address:
2045 Madrona Ave. SE
Salem, OR 97302
Price: $240/SF with generous interior improvement package.
Available SF: 5,767 SF & 6,880 SF
Zone: IC (Industrial Commercial)
Type: Land, Office
Term: Sale
Broker: Terri Frohnmayer

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 1.24 AC | 618 RSF - 6,136 RSF
Zone: CO (Commercial Office)
Type: Office
Term: Sale, Lease
Broker: Terri Frohnmayer

Medical Office Space Visible to Liberty St. SE

FEATURES
• Professional office building known as the "Lighthouse" Professional office.  Two levels, ADA with elevator access to 2nd level.

• Main level designed and improved for medical use, approx. 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.

• Second level is currently leased.

Property Details:

Address:
350 Miller Street SE
Salem, OR 97302
Price: $2,150,000 | $2.20/SF/Mo. - Modified Gross
Available SF: Total: 8,960 SF on 0.39 acre & Lease: Approx. 4,408 RSF
Zone: CO (Commercial Office)
Type: Office
Term: Sale, Lease
Broker: Terri Frohnmayer

Ontario Investment - Dialysis Clinic

FEATURES
• Building was originally constructed in 2003 as a dialysis clinic and utilizes approximately 1.14 acres for the clinic with excellent on-site parking, 48 spaces. *Included is additional land considered surplus, approx. 2.24 acres, $300,000.00.
• Current floor plans depict the out-patient dialysis clinic at 5,622 RSF with 12 treatment stations, attractive waiting area, multiple exam rooms, conference and training areas, re-use area and RO water treatment area/storage, typical of a dialysis clinic.

Property Details:

Address:
515 East Lane
Ontario, OR 97914
Price: $2,000,000.00
Available SF: Approx. 5,622 rentable SF on 3.39 AC
Zone: C-2 (General Commercial)
Type: Office
Term: Sale
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: $300,000
Available SF: Approx. 2,036 SF office building
Zone: CR (Commercial Retail)
Type: Office
Term: Sale
Broker: Joshua Kay

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

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