Office Suite with Private
For Lease
$3,514/Mo
150-435 Commercial St Ne, Salem, OR 97301
One-level office suite with reception, conference, break, restroom, and storage areas.
Space SizeContact for details
Days on Market202
Property Features for 150-435 Commercial St Ne
General Information
Standard status
Active
Total Parking Spaces
92
Space & Availability
Space Use
Office
Private Offices
7
Meeting Rooms
1
Additional Details
Highway Access
Yes
Amenities
break area
private restrooms
reception
built-in storage
Building Details
Stories
1
Tenancy
Multi
Listing Agency:
SMI REAL ESTATE
(503) 390-6060
Listed By:
ELESA DOLL · License #200708163
(503) 884-1273
Source:
Exprealty
Added: Mar 5
Changed: Sep 21
Last Checked: Sep 22 at 10:29PM
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 SMI REAL ESTATE
Investment Insights
Based on property information with market context.
This modern, single-level office suite includes seven private offices, a large conference room, reception area, break space, two private restrooms, and built-in storage. The layout supports a range of established office operations within a multi-tenant building, with the Oregon State Marine Board identified as the anchor tenant.
The property is located at 150-435 Commercial St NE in downtown Salem, with access toward West Salem, South Salem, Keizer, the parkway, Mission Street, and I-5. The building provides 92 parking spaces for tenants and visitors.
The property is located at 150-435 Commercial St NE in downtown Salem, with access toward West Salem, South Salem, Keizer, the parkway, Mission Street, and I-5. The building provides 92 parking spaces for tenants and visitors.
Key Highlights
- Suite 150 includes 7 private offices
- Large conference room and reception area
- Break area with 2 private restrooms
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.61 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,569
Businesses Nearby
Explore this area
Business Placement
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
$20.66 /SF/Yr
Avg Asking Price
$15–$27 /SF/Yr
Price Range
9,920 SF
Avg Space Size
This space is priced 16% below the average of $20.66 /SF/Yr.
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - One-level office suite with reception, conference, break, restroom, and storage areas.
Where is this office units located?
The property is located at 150-435 Commercial St Ne Salem, OR.
What is the lease rate?
The lease rate is $3,514/Mo.
What are key features of this property?
This property features: Suite 150 includes 7 private offices; Large conference room and reception area; Break area with 2 private restrooms
