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Standalone Office Building
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705 Ewald Ave SE, Salem, OR 97302

Standalone office building with a lobby/reception area, adaptable floor plan, and ample on-site parking.

Space Size4,503 SF
Days on Market143

Property Features for 705 Ewald Ave SE

General Information

Standard status Active
Size 4,503 SF
Class B
Property subtype Office - General Office

Additional Details

Traffic Count 31,850 vehicles/day

Building Details

Building Size 4,503 SF
Year Built 1965

Spaces For Lease

at 705 Ewald Ave SE Contact us

Office Building $1.85/SF/Mo

Size
4,503 SF
Type
Office
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Hancock Real Estate
Listed By: Terry Hancock · License #200110013
Source: Commercialcafe
Added: Apr 1 Changed: Aug 13 Last Checked: Aug 18 at 9:37AM

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 Hancock Real Estate

Investment Insights

Based on property information with market context.

Standalone 4,503 SF office building featuring a welcoming lobby/reception area and an adaptable floor plan suitable for a variety of office layouts. The property also offers ample on-site parking for employees and visitors, supporting day-to-day access for clients and staff.

Located in a well-established area of Southeast Salem just off the Commercial St SE corridor, with Commercial St SE carrying traffic counts of approximately 31,850 vehicles per day. The surrounding area includes numerous national and regional retailers, restaurants, and services, providing convenient amenities for employees and customers alike.

This is a dedicated-building option positioned for professional or service-oriented users who want their own office presence with on-site parking.

Key Highlights

  • Standalone 4,503 SF office building
  • Lobby/reception area with an adaptable floor plan for a variety of office layouts
  • Ample on‑site parking for employees and visitors

Property Analytics

Current Use

Chiropractic Physicians PC Alternative Medicine Practice Chiropractic Physicians PC: ... Alternative Medicine Practice Smith Brent DC Alternative Medicine Practice Warren Mindy DC Alternative Medicine Practice Melinda Warren Physician

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Bakery

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

31,850 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
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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Frequently Asked Questions

What type of property is this?
Office building - Standalone office building with a lobby/reception area, adaptable floor plan, and ample on-site parking.
Where is this office building located?
The property is located at 705 Ewald Ave SE Salem, OR.
What are key features of this property?
This property features: Standalone 4,503 SF office building; Lobby/reception area with an adaptable floor plan for a variety of office layouts; Ample on‑site parking for employees and visitors
More about this property
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