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    1495-1520 Edgewater St NW Salem, OR 97304

    For Lease
    $1.00 SF/Yr

    Remodeled office space in popular West Salem shopping destination.

    Property size:
    1,415 SF
    Lot size:
    10.29 Acres

    Property Features for 1495-1520 Edgewater St NW

    General Information

    Size
    1,415 SF
    Lot size
    10.29 Acres

    Source: Coldwell Banker Commercial - Mountain West | Salem Agent Pam Rushing

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

    Overview

    West Salem Office Space Available

    This office space is located in a popular West Salem shopping destination. The property benefits from a signalized intersection, providing ease of access. The available space is on the elevator-served second floor and has been newly remodeled. Anchored by Safeway, the property features a large, open space with the option to demise. The space is in shell condition, and the owner is open to negotiating tenant improvements for long-term tenants. The property contains 1,415 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0639222
    Latitude
    44.9390784

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    FAQs

    What type of property is this?
    Office space - Remodeled office space in popular West Salem shopping destination.
    Where is this office space located?
    The property is located at 1495-1520 Edgewater St NW Salem, OR.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Anchored by Safeway for consistent traffic.; - Popular West Salem shopping destination.; - Signalized intersection provides ease of access.
    (503) 884-0457
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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
    1495-1520 Edgewater St NW Salem, OR 97304
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