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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


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

Elmira Residence & Commercial Investment Opportunity

Property contains two building structures, a primary residence and a two-tenant commercial space. Large lot with surplus property in rear for further development.  Both buildings built in 1936 .  Former gas station decommissioned through DEQ.

Property Details:

Address:
88921 Territorial Hwy. SE
Elmira, OR 97437-9752
Price: $450,000
Available SF: 1,200 SF residence & 2,114 SF shop/retail bldg on 1.02 acres
Zone: RC (Rural Commercial)
Type: Other, Retail
Term: Sale
Broker: Joshua Kay

Former Group Care Facility

Property consists of 0.27 acre which includes an approx. 4,530 SF 3 level residential dwelling.
Includes attic storage area of approx. 560 SF and a detached garage, approx. 440 SF.

Owner would consider contract sale to qualified buyer.

Property Details:

Address:
425 14th Street NE
Salem, OR 97301
Price: $565,000.00
Available SF: Approx. 4,530 SF on 0.27 acre
Zone: RH (Multiple Family Residential High-Rise Residential)
Type: Multi-Family
Term: Sale
Broker: Terri Frohnmayer

High Visibility Keizer Office w/ Signage

Building offers excellent visibility and exposure along Lockhaven Dr. NE including ownership of the large lighted pole sign fronting Lockhaven Drive.

Main level: approx. 868 SF
Second level: approx. 910 SF

Property Details:

Address:
765 Lockhaven Dr. NE
Keizer, OR 97303
Price: $328,900.00
Available SF: Approx. 1,778 SF on 0.08 acre
Zone: CM (Commercial Mixed Use)
Type: Office
Term: Sale
Broker: Terri Frohnmayer

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

Industrial Warehouse/Manufacturing w/ Dock

Total of approx. 26,660 SF
• 22,364 SF Industrial Floor
• 2,846 SF 1st floor office/break area
• 1,450 SF second floor office

Unit B Available For Lease (10,481 SF approx.)

Property Details:

Address:
1947 Claxter Rd. NE
Salem, OR 97301
Price: $2,150,000.00 | $0.55/SF/Mo - Modified Gross
Available SF: Approx. 26,660 SF warehouse w/ dock
Zone: IP (Industrial Park)
Type: Industrial
Term: Sale, Lease
Broker: Terri Frohnmayer & Jeff Miller

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

Portland Rd. NE Development Land

This property is located at the signalized intersection of Portland Rd. NE and Lana Avenue.  Property is also located in a flexible zone in Salem and allows for many types of uses including retail sales and service, including restaurants, office & health services, civic services, some light industrial, construction contracting and warehousing to name a few.

Property Details:

Address:
3095 Portland Rd. NE
Salem, OR 97301
Price: $159,900.00 ($9.69/SF)
Available SF: One tax parcel, approx. 0.38 acres (16,500 SF)
Zone: IC (Industrial Commercial)
Type: Industrial, Land
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

Residence on 0.46 acre in Commercial Zone

Property is located off Silverton Road NE and in an area of small industrial/retail operators and older residences and is served by City of Salem water and sewer and PGE. The commercial general zone in which it resides is a very flexible zone within the City of Salem. Currently the property is leased to a month-to-month residential tenant.
CALL FOR TOUR. DO NOT DISTURB TENANT.

Property Details:

Address:
1860 Beach Ave. NE
Salem, OR 97301
Price: $195,000.00
Available SF: Approx. 1,376 SF residence plus 2 outbuildings on 0.46 acre
Zone: CG (Commercial General)
Type: Land, Other
Term: Sale
Broker: Terri Frohnmayer

Residential Development Land

  • Prime residential property zoned for single family homes.
  • Backs up to Yoshikai Elementary with access from Cordon Rd. NE.
  • Property has been annexed into the City of Salem with public utilities available upon development (water, storm water and sanitary sewer).
  • Partially fenced
  • Earlier proposed subdivision showed potential of 46 lots.
  • Quick access to I-5.

Property Details:

Address:
9 acres next to 4405 Cordon Rd. NE
Salem, OR 97305
Price: $1,200,000
Available SF: 390,733
Zone: RA
Type: Land
Term: Sale
Broker: Terri Frohnmayer

SOLD: Industrial Development Land

• Property is located within minutes of I-5, both north and south bound via the Salem Parkway.
• Includes an out building and an older home constructed in 1968, approx. 2,345 SF, which has undergone upgrades over the years.
• Home is currently leased and the property is professionally managed.

Property Details:

Address:
4350 Ridge Dr. NE
Salem, OR 97301
Price: $Confidential
Available SF: Approx. 3.04 acres
Zone: IG (Industrial General)
Type: Industrial
Term: Sale
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

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