Downtown Office Space
For Sale
Contact for pricing
475 Cottage St NE, Salem, OR
Professional office space in downtown Salem with build-out potential.
Property Size5,266 SF
Lot Size0.63 Acres
Price / SF$834.60
Days on Market585
Property Features for 475 Cottage St NE
General Information
Standard status
Active
Size
5,266 SF
Lot size
0.63 Acres
Property subtype
OFFICE
Lease Type
Full Service
Properties For Sale
at 475 Cottage St NE Contact us- Floor
- 1
- Size
- 5,266 SF
- Type
- OFFICE
- Lease Type
- FULL_SERVICE
- Availability
- AVAILABLE, Now
- Sublease
- No
475 Cottage St NE
- This main level professional office space located downtown on the corner of Cottage...
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Contact us
Listing Agency:
First Commercial Real Estate
(503) 364-7400
Listed By:
Jennifer Martin · License #201247465
Source:
Moodyscre
Added: Jan 13, 2025
Changed: Aug 8
Last Checked: Aug 20 at 8:09AM
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 main level professional office space is located in downtown Salem, at the corner of Cottage Street and Marion Street. The space features a shared lobby at the building's entrance. This presents an opportunity for a tenant to build out their ideal space, with potential for a mix of executive offices, an open work area, conference rooms, and a reception/waiting area. The location offers the benefits of being centrally located in the downtown business district, with on-street parking and a private parking lot for employees and clients. The property has 5266 square feet of office space. The asking lease rate does not consider amortization of any tenant-specific improvements over a market Tenant Improvement allowance. Any negotiated landlord incentives will be based on the tenant’s credit quality and length of the initial lease term.
Key Highlights
- Prime downtown location at the corner of Cottage and Marion.
- Potential to build out a customized office space.
- Shared, attractive lobby.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,382
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Professional office space in downtown Salem with build-out potential.
Where is this office units located?
The property is located at 475 Cottage St NE Salem, OR.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: Prime downtown location at the corner of Cottage and Marion.; Potential to build out a customized office space.; Shared, attractive lobby.
