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West Salem Professional/Medical Building
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1174 Cornucopia St NW, Salem, OR

Professional/medical building in West Salem, suitable for owner-user or investment.

Space Size6,023 SF
Lot Size0.79 Acres
Days on Market372

Property Features for 1174 Cornucopia St NW

General Information

Standard status Active
Size 6,023 SF
Lot size 0.79 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1174 Cornucopia St NW Contact us

1174 Cornucopia St NW $22.80/SF/Yr

Floor
1
Size
6,023 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- This fantastic professional/medical building located off Wallace Road in West Salem...
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Listing Agency: First Commercial Real Estate
Listed By: Ruth Dana · License #201247465
Source: Moodyscre
Added: Aug 14, 2025 Changed: Aug 9 Last Checked: Aug 19 at 10:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Commercial Real Estate

Investment Insights

Based on property information with market context.

This professional/medical building is located off Wallace Road in West Salem. The building offers an opportunity for an owner-user seeking approximately 6,023 rentable square feet of turnkey medical space. The property benefits from income generated by other tenants in the building. Shared parking is available for the businesses and their clients. The property is located approximately one half mile to downtown Salem and within walking distance to Roth’s Fresh Market, restaurants, and retail uses. It is across the street from the bus line and a short walk from the Courthouse Athletic Club and Wallace Marine Park.

Key Highlights

  • Turnkey medical space of approximately 6,023 rentable square feet.
  • Income potential from existing tenants.
  • Excellent shared parking.

Property Analytics

Current Use

Well Life Medicine Medical Clinic Blue Pacific Vacation ... Vacation Rental Zuk Timothy MD Physician Davidson Neurology Physician Dale Lachance Physician

Suggested Use

Top Pick Locksmith Electrical Service Catering Service (Bike/Boat/Book/etc) Store HVAC Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.42 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Oak Hills Veterinary & Salem Cat Clinic 1212 Wallace Rd NW #3008, Salem, OR 97304
  • Dr. Darcy Smith 1212 Wallace Rd NW #3008, Salem, OR 97304
  • Salem Cat Clinic Taybin Rd NW, Salem, OR 97304

Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional/medical building in West Salem, suitable for owner-user or investment.
Where is this medical office space located?
The property is located at 1174 Cornucopia St NW Salem, OR.
What is the lease rate?
The lease rate is $22.80 SF/Yr.
What are key features of this property?
This property features: Turnkey medical space of approximately 6,023 rentable square feet.; Income potential from existing tenants.; Excellent shared parking.
(503) 364-7400 Call to check price and availability
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