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Renovated Office Units with Basement

1890 McCoy Suite #1 Av NE, Salem, OR 97301

For Lease
$3,300/Mo

Two ground-floor workspaces have individual entrances and private restrooms, with additional finished space below.

Space SizeContact for details
Property Size1,098 SF
Lot Size0.18 Acres
Days on Market44

Property Features for 1890 McCoy Suite #1 Av NE

General Information

Standard status Active
Size 1,098 SF
Lot size 0.18 Acres
Zoning CR

Space & Availability

Divisible Yes
Floor Ground Floor, Basement
Space Use Office
Private Offices 2

Site & Location

Neighborhood Grant Neighborhood Association

Building Details

Building Size 1,098 SF
Listing Agency: Smi Real Estate
Listed By: Kassandra Bruhn · License OR #200404095
Source: Horsepowerrealestateproperties
Added: Oct 1 Changed: Nov 11 Last Checked: Nov 12 at 4:28PM

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

Rey
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Investment Insights

Based on property information with market context.

Available for lease, this freestanding office property offers two ground-floor units, each with its own entrance and restroom. The ground-floor area totals 798 square feet. A finished basement of more than 300 square feet has a separate entrance and restroom, providing additional usable space. The building has been renovated with new finishes, fixtures, lighting, flooring, and windows.

The property occupies a 0.18-acre corner lot in Salem and is zoned CR. The offices may also be leased in two demised configurations.

Key Highlights

  • Two ground‑floor office units totaling 798 SF, each with a separate entrance and private restroom
  • Finished basement of 300+ SF with its own entrance and restroom
  • Freestanding building on a 0.18‑acre corner lot

Property Analytics

Current Use

Miller's Income Tax ... Tax Preparation

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Travel Agency Locksmith Tech Support Center HVAC 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
$5.41 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

944
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

$25.92 /SF/Yr
Avg Asking Price
$15–$51.76 /SF/Yr
Price Range
9,141 SF
Avg Space Size

This space is priced 39% above the average of $25.92 /SF/Yr.

Properties on Market for Office Units in Salem

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Two ground-floor workspaces have individual entrances and private restrooms, with additional finished space below.
Where is this office unit located?
The property is located at 1890 McCoy Suite #1 Av NE Salem, OR.
What is the lease rate?
The lease rate is $3,300/Mo.
What are key features of this property?
This property features: Two ground‑floor office units totaling 798 SF, each with a separate entrance and private restroom; Finished basement of 300+ SF with its own entrance and restroom; Freestanding building on a 0.18‑acre corner lot
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