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    2850 Broadway Street NE Salem, OR 97303

    Sponsored
    Source: https://www.cbcworldwide.com
    For Lease
    $2,250 /Mo

    Exceptional two-story office building in Northeast Salem

    Lot size:
    106,601 SF

    Description

    Added:
    May 12, 2025
    Days on Market:
    239
    This premium location offers high visibility from frontage on both Salem Parkway and Broadway Street NE. Salem Parkway connects to I-5 North/South into Oregon's Capital and Salem's Central Business District.

    2850 Broadway is an exceptional two-story office building in Northeast Salem. Each floor includes private offices, conference rooms and break rooms. Ideal
    central location between Salem and Keizer with easy access to the Parkway and I5.
    2850 Suite 100 - A (1st floor) - Leased to City of Salem.
    Suite 100 - B (1st floor) - Approximately 5,750 SF built out for office with access to dock level door, could be configured to adjoin another suite, if desired . Call
    Brokers for details and pricing.
    Rec Area - Outdoor Fenced Covered Area. Must be Added to 2856 Broadway or 2850 Broadway Suite 200.
    Cafe Space - Small cafe space or food prep space available for lease. Existing equipment is included in the lease; hood, bread proofer, salad bar, small chest
    freezer and tables/chairs. Landlord and Brokers make no representation on the condition of the equipment. Tenant to take space as-is and complete their own due
    diligence on the condition of the equipment and health department requirements. The landlord will remove any equipment that the tenant does not want to use.
    2856 Broadway (1st Floor), is the former SAIF space and more recently FEMA. It is a prime location for a retail/office space, with a mostly open floor plan, a
    loading dock, and can include the outdoor fenced Rec Area for additional space. This suite is approx. 26,316 SF.
    2850 Broadway (2nd floor) The entire second floor, was also the former SAIF/FEMA space, and perfect for a single occupant or can be demised down to fit
    multiple professional offices. The total approx SF is 48,082 SF. The Rec Area can be also added to this space.
    There are lots of on-site parking with 286 spaces, plus significant overflow parking. On the rear side of the building there is a loading dock and roll door for easy
    product shipping and receiving of occupants.

    Property Features for 2850 Broadway Street NE

    General Information

    Property type
    Office buildings
    Lease Type
    Full Service
    RSF (Rentable sq. ft)
    106,601 SF
    USF (Usable sq. ft)
    76,896 SF
    Elevators
    N/A
    Total Rate
    2250

    Building Details

    Buildings
    1
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Human Resources Investigations Social Services Organization Oregon Supreme Court State Government Office JFO Salem - DR ... Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    State
    Oregon
    Longitude
    -123.0271565
    Latitude
    44.9708825

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    FAQs

    What type of property is this?
    Office building - Exceptional two-story office building in Northeast Salem
    Where is this office building located?
    The property is located at 2850 Broadway Street NE Salem, OR.
    What is the lease rate?
    The lease rate is $0.25 SF/Yr.
    (503) 587-4777
    Request Owner's contact information
    2850 Broadway Street NE Salem, OR 97303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2850 Broadway Street NE Salem, OR 97303
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