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Office Space for Lease
For Lease
$625/Mo

494 State Street, Salem, OR 97301

Office space available for lease at 494 State Street, Salem, OR.

Space Size234 SF - 309 SF
Property Size38,280 SF
Days on Market60

Property Features for 494 State Street

General Information

Standard status Active
Size 234 SF - 309 SF
Class C
Property subtype Office - General Office

Building Details

Building Size 38,280 SF
Year Built 1913

Spaces For Lease

at 494 State Street Contact us

#130

Floor
1
Size
234 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

#170

Floor
1
Size
309 SF
Type
General Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Pikes Northwest
Listed By: Madyson Jones · License #201252758
Source: Commercialcafe
Added: Jun 23 Changed: Aug 11 Last Checked: Aug 18 at 7:06AM

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 Pikes Northwest

Investment Insights

Based on property information with market context.

This offering includes office space within a commercial property at 494 State Street in Salem, Oregon. The asset is presented for rental and is suitable for professional office uses based on the property type classification.

The space is located at 494 State Street, providing frontage on an established Salem thoroughfare. The property’s city setting supports convenient access for tenants and clients traveling to the area.

For prospective tenants seeking an office location in Salem, this space is positioned for general business use as an office property. Interested parties should review the unit’s layout and build-out details directly with the broker or property manager to confirm suitability for their specific requirements, including space planning, occupancy needs, and any operational considerations tied to the existing improvements.

Key Highlights

  • Office space for lease at 494 State Street, Salem, OR
  • Year built: 1913

Property Analytics

Current Use

Justice Department Clothing Store Raphael Conant Attorney ... Law Firm Cascade Pacific Financial ... Financial Advisor Zachary Dablow, Attorney ... Law Firm John Stuart Jones, ... Law Firm

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Auto Parts Store Catering Service

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

Location Intelligence

Trade Area within ½ mile

4,289
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office space available for lease at 494 State Street, Salem, OR.
Where is this office building located?
The property is located at 494 State Street Salem, OR.
What is the lease rate?
The lease rate is $625/Mo.
What are key features of this property?
This property features: Office space for lease at 494 State Street, Salem, OR; Year built: 1913
More about this property
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