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    1010-1038 Broadway St NE Salem, OR 97301

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    For Lease
    $2.00 SF/Yr

    1,574 SF office space with parking near downtown Salem.

    Property size:
    1,574 SF
    Lot size:
    0.36 Acres

    Property Features for 1010-1038 Broadway St NE

    General Information

    Size
    1,574 SF
    Lot size
    0.36 Acres

    Source: SMI Real Estate Agent Ryan Brush

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

    Overview

    Spacious Office Space For Rent

    This commercial lease opportunity features 1,574 square feet of office space. The layout includes three offices, a reception area, a kitchen, a bathroom, and two storage areas. One of the offices is larger and suitable for use as a conference room. The property includes five designated parking spaces for employees and visitors. The location provides convenient access to Salem’s Downtown Central Business District and I-5 via the Salem Parkway. This location is strategically positioned to foster business growth.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -123.031616
    Latitude
    44.949722

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    FAQs

    What type of property is this?
    Office space - 1,574 SF office space with parking near downtown Salem.
    Where is this office space located?
    The property is located at 1010-1038 Broadway St NE Salem, OR.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with easy access to Salem’s Downtown Central Business District and I-5 via the Salem Parkway.; - Expansive 1,574 SF of office space.; - Includes 3 office spaces, reception area, kitchen, bathroom, and two storage areas.
    (503) 559-1444
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    1010-1038 Broadway St NE 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
    1010-1038 Broadway St NE Salem, OR 97301
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