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    4160 Commercial St SE Salem, OR 97302

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    For Lease
    $1.80 SF/Yr

    Two-story office with creek views, updated in 2019.

    Property size:
    2,773 SF
    Lot size:
    2,773 SF

    Property Features for 4160 Commercial St SE

    General Information

    Size
    2,773 SF

    Building Details

    Year built
    1972

    Source: Curt Arthur, SIOR Agent Curt Arthur, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Creekside Office Space

    This two-story office space in South Salem, updated inside and outside in 2019, offers visibility and a scenic workplace location. The first floor features a reception area, workroom, conference room, three private offices, a work area, and a restroom. The lower level includes four private offices, a kitchen, an open work area, and two restrooms. All offices have views of the west fork of Pringle Creek. The property combines a high-traffic corridor location with a sparsely populated commercial neighborhood. Amenities include ease of access, a creek-side setting, and nearby dining and shopping. The S Commercial corridor attracts professional office uses such as law firms, insurance offices, and CPA firms. The property features a park-like setting and ample parking, including on-site and on-street options. The property size is 2773 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Biztech Northwest Computer Service SVN Commercial Advisors ... Commercial Real Estate Agency Minniti & Co PC Accountant Clawson Randall CPA Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0365178
    Latitude
    44.8958665

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    FAQs

    What type of property is this?
    Office space - Two-story office with creek views, updated in 2019.
    Where is this office space located?
    The property is located at 4160 Commercial St SE Salem, OR.
    What is the lease rate?
    The lease rate is $1.80 SF/Yr.
    What are key features of this property?
    This property features: - Scenic workplace location on Pringle Creek with views from all offices.; - Updated interior and exterior (in 2019).; - High visibility on a high traffic corridor.
    (503) 559-7990
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    4160 Commercial St SE Salem, OR 97302
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    Salem, OR 97302
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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
    4160 Commercial St SE Salem, OR 97302
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