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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


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

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 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 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

Stand Alone State Street Professional Office

• Two level office building, approx. 5,422 SF with 3,550 SF on the main level and 1,872 SF on the second level.  Originally built in 1941 for use as a fire station.  This building has undergone professional upgrades including a major renovation in 2012 which included new flooring throughout, improved office design with good natural lighting.  

• 27 on-site parking spaces

• NNN's Estimated at $0.56/SF/mo. plus janitorial.

Property Details:

Address:
1786 State Street
Salem, OR 97301
Price: $1,200,000 | 1.35/SF/Month - NNN
Available SF: Approx. 5,422 SF (on two floors)
Zone: MU-II (Mixed Use II) & RD (Residential Duplex)
Type: Office
Term: Sale, Lease
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

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