Office Suite with
231 Madrona Ave SE, Salem, OR 97302
For Lease
Contact for pricing
Planned tenant improvements can include reception space and as many as three offices.
Space Size1,021 SF
Days on Market30
Property Features for 231 Madrona Ave SE
General Information
Standard status
Size
Property subtype
Space & Availability
Space Use
Private Offices
Site & Location
Neighborhood
Spaces For Lease
at 231 Madrona Ave SE
#1
Active
Size
1,021 SF
Listing Agency:
Mosar Commercial Properties
Listed By:
Mike Mosar
(971) 273-7670
Source:
Crexi
Added: Oct 15
Changed: Nov 11
Last Checked: Nov 12 at 8:25AM
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
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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.
This office suite is slated for improvements tailored to the incoming tenant, with a layout that can include a reception area, up to 3 offices, and a kitchenette.
The property is on Madrona Avenue in South Salem, between Commercial Street and Liberty Road South.
The property is on Madrona Avenue in South Salem, between Commercial Street and Liberty Road South.
Key Highlights
- Tenant‑specific renovation can include reception space, up to 3 offices, and a kitchenette
- South Salem location on Madrona Avenue between Commercial Street and Liberty Road South
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
Explore this area
Business Placement
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
$25.92 /SF/Yr
Avg Asking Price
$15–$51.76 /SF/Yr
Price Range
9,141 SF
Avg Space Size
Properties on Market for Office Units in Salem
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Planned tenant improvements can include reception space and as many as three offices.
Where is this office unit located?
The property is located at 231 Madrona Ave SE Salem, OR.
What are key features of this property?
This property features: Tenant‑specific renovation can include reception space, up to 3 offices, and a kitchenette; South Salem location on Madrona Avenue between Commercial Street and Liberty Road South
