Office Building with Live-Work
1607 State St, Salem, OR 97301
For Lease
$4,824/Mo
MU-1 zoning and on-site parking support a range of commercial occupancy options.
Space SizeContact for details
Property Size2,608 SF
Days on Market53
Property Features for 1607 State St
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Additional Details
Space Use
Amenities
onsite parking
Building Details
Building Size
Listing Agency:
Nvest Real Estate And Property Management LLC
Listed By:
Casey Oliver · License OR #201223998
(503) 851-1441
Source:
Horsepowerrealestateproperties
Added: Sep 22
Changed: Nov 11
Last Checked: Nov 12 at 4:22PM
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 Nvest Real Estate And Property Management LLC
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Investment Insights
Based on property information with market context.
This 2,608-square-foot office building has a new roof, a replacement main sewer line, and some new flooring. The property is zoned MU-1, and the listing identifies live-work use as a possibility, subject to the occupant’s own due diligence.
Located at 1607 State St in Salem, Oregon, the building includes on-site parking.
Located at 1607 State St in Salem, Oregon, the building includes on-site parking.
Key Highlights
- 2,608‑square‑foot office building
- MU‑1 zoning
- New roof and main sewer line
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.33 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,728
Businesses Nearby
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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
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Market
Lease Benchmarks for Salem, OR
$21 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
15,831 SF
Avg Space Size
This space is priced 6% above the average of $21 /SF/Yr.
Properties on Market for Office buildings in Salem
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - MU-1 zoning and on-site parking support a range of commercial occupancy options.
Where is this office building located?
The property is located at 1607 State St Salem, OR.
What is the lease rate?
The lease rate is $4,824/Mo.
What are key features of this property?
This property features: 2,608‑square‑foot office building; MU‑1 zoning; New roof and main sewer line
