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1241 State St, Salem, OR

Premier office space in Salem's business and government hub.

Space Size6,118 SF
Lot Size0.16 Acres
Days on Market320

Property Features for 1241 State St

General Information

Standard status Active
Size 6,118 SF
Lot size 0.16 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

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1241 State St - Robertson 2 $24/SF/Yr

Floor 1
Size 6,118 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- The Robertson Building in Salem, Oregon, offers 77,414 square feet of sophisticated office space designed to elevate your business. With move-in-ready suites featuring private offices, conference rooms, and abundant natural light, this premier property is tailored for professional excellence. Located in the MU-I zone along State Street next to Willamette Universit & steps from the Oregon State Capitol, it places you at the heart of Salem’s business and government hub. Enjoy the ease of a Full Service Lease at $24.00/SF/month and the prestige of a professionally managed building. Whether you’re a law firm, tech startup, or government contractor, The Robertson Building is your gateway to opportunity in a vibrant, pedestrian-friendly district. Secure your space today and redefine your business’s future. - Situated in Salem’s vibrant Northeast Neighbors neighborhood, The Robertson Building is at the core of the city’s business, government, and cultural districts. Positioned along State Street, a primary arterial, the property is steps from Willamette University, the Oregon State Capitol, Salem City Hall, and Marion County offices, offering unmatched proximity to key decision-makers. The surrounding area boasts eight restaurants, nine educational institutions, and a childcare facility within a half-mile, creating a dynamic environment for employees and clients. Nearby transit options and access to Interstate 5 ensure excellent connectivity, while the Willamette River and Riverfront Park, a short walk away, enhance the area’s appeal. - Total Space: 77,414 SF across two buildings (45,900 SF in Robertson Building #1; 31,514 SF in Robertson Building #2) - Adjacent to Willamette University and just steps away from the Oregon State Capitol - Configuration: Four floors plus basement per building, with elevator service - Current Buildout: Move-in-ready office space with private offices, conference rooms, restrooms, lunch rooms, and storage - Amenities: Professionally managed, abundant natural light, carpeted floors, and extensive window lines - Availability: Immediate occupancy for vacant spaces; 3rd and 4th floors of Robertson Building #2 occupied by the State of Oregon - Class B Rating: Completed in 1997, offering modern facilities with timeless appeal - Lease Terms: Full Service Lease at $24.00/SF/month, inclusive of utilities and maintenance - Zoning: Mixed Use-I (MU-I), supporting a variety of professional and commercial uses - Ideal Tenants: Professional services, government contractors, and tech firms seeking a prestigious address - Customization: Vacant spaces can be tailored to tenant needs, subject to lease terms - Compliance: Development aligns with MU-I standards, including pedestrian-oriented design (e.g., 14-foot ground-floor height, weather protection) and no off-street parking requirements - Community Engagement: Proximity to Salem Area Chamber of Commerce fosters networking
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1241 State St - Robertson 2 $24/SF/Yr

Floor 2
Size 6,118 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- The Robertson Building in Salem, Oregon, offers 77,414 square feet of sophisticated office space designed to elevate your business. With move-in-ready suites featuring private offices, conference rooms, and abundant natural light, this premier property is tailored for professional excellence. Located in the MU-I zone along State Street next to Willamette Universit & steps from the Oregon State Capitol, it places you at the heart of Salem’s business and government hub. Enjoy the ease of a Full Service Lease at $24.00/SF/month and the prestige of a professionally managed building. Whether you’re a law firm, tech startup, or government contractor, The Robertson Building is your gateway to opportunity in a vibrant, pedestrian-friendly district. Secure your space today and redefine your business’s future. - Situated in Salem’s vibrant Northeast Neighbors neighborhood, The Robertson Building is at the core of the city’s business, government, and cultural districts. Positioned along State Street, a primary arterial, the property is steps from Willamette University, the Oregon State Capitol, Salem City Hall, and Marion County offices, offering unmatched proximity to key decision-makers. The surrounding area boasts eight restaurants, nine educational institutions, and a childcare facility within a half-mile, creating a dynamic environment for employees and clients. Nearby transit options and access to Interstate 5 ensure excellent connectivity, while the Willamette River and Riverfront Park, a short walk away, enhance the area’s appeal. - Total Space: 77,414 SF across two buildings (45,900 SF in Robertson Building #1; 31,514 SF in Robertson Building #2) - Adjacent to Willamette University and just steps away from the Oregon State Capitol - Configuration: Four floors plus basement per building, with elevator service - Current Buildout: Move-in-ready office space with private offices, conference rooms, restrooms, lunch rooms, and storage - Amenities: Professionally managed, abundant natural light, carpeted floors, and extensive window lines - Availability: Immediate occupancy for vacant spaces; 3rd and 4th floors of Robertson Building #2 occupied by the State of Oregon - Class B Rating: Completed in 1997, offering modern facilities with timeless appeal - Lease Terms: Full Service Lease at $24.00/SF/month, inclusive of utilities and maintenance - Zoning: Mixed Use-I (MU-I), supporting a variety of professional and commercial uses - Ideal Tenants: Professional services, government contractors, and tech firms seeking a prestigious address - Customization: Vacant spaces can be tailored to tenant needs, subject to lease terms - Compliance: Development aligns with MU-I standards, including pedestrian-oriented design (e.g., 14-foot ground-floor height, weather protection) and no off-street parking requirements - Community Engagement: Proximity to Salem Area Chamber of Commerce fosters networking
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Listing Agency: Tradition Real Estate Partners
Listed By: Matt Bassist · License ##200010026
Source: Moodyscre
Added: Dec 2, 2025 Changed: Oct 9 Last Checked: Oct 16 at 8:44AM

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 Tradition Real Estate Partners

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Investment Insights

Based on property information with market context.

The Robertson Building in Salem, Oregon, offers 77,414 square feet of office space. The building is located in the MU-I zone along State Street, next to Willamette University and steps from the Oregon State Capitol, placing it at the heart of Salem’s business and government hub. Situated in Salem’s Northeast Neighbors neighborhood, The Robertson Building is at the core of the city’s business, government, and cultural districts. Positioned along State Street, the property is steps from Willamette University, the Oregon State Capitol, Salem City Hall, and Marion County offices. The surrounding area boasts eight restaurants, nine educational institutions, and a childcare facility within a half-mile. Nearby transit options and access to Interstate 5 ensure connectivity. The Robertson Building consists of two buildings: Robertson Building #1 with 45,900 square feet and Robertson Building #2 with 31,514 square feet. Each building has four floors plus a basement, with elevator service. The building, completed in 1997, has a Class B rating. It features move-in-ready office space with private offices, conference rooms, restrooms, lunch rooms, and storage. Amenities include professional management, abundant natural light, carpeted floors, and extensive window lines. Vacant spaces can be tailored to tenant needs, subject to lease terms. The zoning is Mixed Use-I (MU-I), supporting a variety of professional and commercial uses. It is suited for professional services, government contractors, and tech firms. Immediate occupancy is available for vacant spaces. The 3rd and 4th floors of Robertson Building #2 are occupied by the State of Oregon.

Key Highlights

  • Premier location in the heart of Salem's business and government hub, steps from Willamette University and the Oregon State Capitol.
  • Move‑in‑ready, sophisticated office suites featuring private offices, conference rooms, and abundant natural light.
  • Full Service Lease at $24.00/SF/month, inclusive of utilities and maintenance.

Property Analytics

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Open Analytics

Current Use

Oregon Magistrate Division State Government Office Mining Crypto Store Electronics & Wireless Store Oregon Tax Court State Government Office

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Auto Parts Store Electrical Service Storage Facility Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,770
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Salem, OR

$22.04 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
15,435 SF
Avg Space Size

This space is priced 9% above the average of $22.04 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Premier office space in Salem's business and government hub.
Where is this office building located?
The property is located at 1241 State St Salem, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Premier location in the heart of Salem's business and government hub, steps from Willamette University and the Oregon State Capitol.; Move‑in‑ready, sophisticated office suites featuring private offices, conference rooms, and abundant natural light.; Full Service Lease at $24.00/SF/month, inclusive of utilities and maintenance.
(503) 998-9817 Call to check price and availability
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