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Office Suite

219B Madrona Ave SE, Salem, OR 97302

For Lease
Contact for pricing

A suite is available for lease within a South Salem office complex.

Space Size460 SF
Days on Market27

Property Features for 219B Madrona Ave SE

General Information

Standard status Active
Size 460 SF
Property subtype Office

Site & Location

Neighborhood Faye Wright Neighborhood Association

Additional Details

Space Use Office

Spaces For Lease

at 219B Madrona Ave SE
#219B Active
Size 460 SF
Contact us
Listing Agency: Mosar Commercial Properties
Listed By: Mike Mosar
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 10 at 5:28AM

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 Mosar Commercial Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

An office suite is available within an office complex at 219B Madrona Ave SE in Salem, Oregon 97302.

Key Highlights

  • Office suite offered for rent
  • Located at 219B Madrona Ave SE, Salem, OR 97302

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Locksmith Catering 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

Location Intelligence

Trade Area within ½ mile

935
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

Lease Benchmarks for Salem, OR

$26.71 /SF/Yr
Avg Asking Price
$15–$51.76 /SF/Yr
Price Range
9,566 SF
Avg Space Size

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 - A suite is available for lease within a South Salem office complex.
Where is this office unit located?
The property is located at 219B Madrona Ave SE Salem, OR.
What are key features of this property?
This property features: Office suite offered for rent; Located at 219B Madrona Ave SE, Salem, OR 97302
(971) 273-7670 · Office Call to check price and availability
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