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Sixth-Floor Office Suite
For Lease
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495 State St, Salem, OR 97301

Sixth-floor office suite with perimeter offices and an open center layout.

Space Size5,077 SF
Days on Market585

Property Features for 495 State St

General Information

Standard status Active
Size 5,077 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 495 State St Contact us

Franklin Building $5,000/Mo

Floor
6
Size
5,077 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- This gorgeous sixth floor is awaiting a visionary to activate this beautiful space....
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Listing Agency: First Commercial Real Estate
Listed By: Ruth Dana · License #900300123
Source: Moodyscre
Added: Jan 13, 2025 Changed: Aug 8 Last Checked: Aug 20 at 10:29AM

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 First Commercial Real Estate

Investment Insights

Based on property information with market context.

This sixth-floor office suite is configured with a couple of perimeter offices and an open center area, providing a practical mix of private and collaborative space. The space is available for lease, with rate determined based on the final delivery condition.

The property is located at 495 State St in Salem, Oregon (97301), offering a dedicated office environment on the upper level of the building.

For tenants and brokers, the existing layout supports workstation placement along the perimeter while keeping the central area open for flexible use.

Key Highlights

  • Sixth‑floor office suite with perimeter offices and an open center layout
  • Includes a couple of perimeter offices with open space in the center
  • Rental rate TBD depending on delivery condition

Property Analytics

Current Use

Rose Empire Dance Training Center Stacie Jo Miller, ... Alternative Medicine Practice Management Group Oregon Construction Company CFM Strategic Communications, ... Marketing & Advertising Anthony Pham, Capitol ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Fish Market Butcher

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
$1.77 /SF/Yr
CAM

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

Lease Benchmarks for Salem, OR

$25.98 /SF/Yr
Avg Asking Price
$16.2–$54.55 /SF/Yr
Price Range
8,855 SF
Avg Space Size

This space is priced 55% below the average of $25.98 /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
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Frequently Asked Questions

What type of property is this?
Office units - Sixth-floor office suite with perimeter offices and an open center layout.
Where is this office units located?
The property is located at 495 State St Salem, OR.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Sixth‑floor office suite with perimeter offices and an open center layout; Includes a couple of perimeter offices with open space in the center; Rental rate TBD depending on delivery condition
(503) 364-7400 Call to check price and availability
More about this property
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