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    525 Ferry St SE Salem, OR 97301

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    For Lease
    $1,074 /Mo ($18 SF/Yr)

    Office spaces for rent in historic downtown building.

    Property size:
    700 SF
    Lot size:
    0.28 Acres

    Property Features for 525 Ferry St SE

    General Information

    Size
    700 SF
    Lot size
    0.28 Acres

    Source: Gall Real Estate Services, LLC Agent Jennifer Hand

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

    Overview

    Historic Downtown Office Space

    Three office spaces are available for rent in the historic Ira’s Alley building, located in downtown Salem. The property offers office spaces suitable for various business needs. The available spaces provide a total area of 700 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cal Investigative Services Private Investigator Amazing Treatment Counselor Blayre Alternatives LLC Addiction Treatment Center NORTHWEST INTERVENTION ENTERPRISE ... Domestic Abuse Treatment Center Selah Hair Studio Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0371629
    Latitude
    44.9385906

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    FAQs

    What type of property is this?
    Office space - Office spaces for rent in historic downtown building.
    Where is this office space located?
    The property is located at 525 Ferry St SE Salem, OR.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Three office spaces available.; - Located in the historic Ira’s Alley building.; - Situated in the downtown area.
    (503) 559-9839
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    525 Ferry St SE Salem, OR 97301
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    Salem, OR 97301
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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
    525 Ferry St SE Salem, OR 97301
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