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Renovated Flex Space with Office
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2990 Portland Road NE, Salem, OR 97301

Recently updated workspace combines office, shop, production, and warehouse areas.

Space Size3,109 SF
Days on Market194

Property Features for 2990 Portland Road NE

General Information

Standard status Active
Size 3,109 SF
Property subtype Warehouse

Building Details

Building Size 3,109 SF

Spaces For Lease

at 2990 Portland Road NE Contact us

2990 Portland Road NE - SM Warehouse/Office

Size
3,109 SF
Lease Type
NNN
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Curt Arthur, SIOR · License ##910200259
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 10:48PM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This 3,109 SF flex property provides a practical mix of administrative and operational space, including 1,025 SF of office area with the balance configured for warehouse and shop functions. The improvements include a production area, and the space has been recently renovated and maintained in clean condition.

A fully fenced yard is shared with one other user, with parking available on site. The property sits 500 yards from the Oregon State Fairgrounds and less than 1 mile north of the Interstate 5 interchange at Portland Road, also identified as 99E. The configuration may accommodate small manufacturing, construction trade, and fleet-oriented operations as described in the property information.

Key Highlights

  • 3,109 SF flex property with 1,025 SF of office space
  • Warehouse and shop area includes a dedicated production area
  • Recently renovated and described as very clean

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon

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

625
Businesses Nearby
Balanced
Demand for This Use

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

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
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Similar Off Market Nearby

  • Old World Bakery 2020 Capitol St NE, Salem, OR 97301
  • Mayrene's Catering 2025 Carleton Way NE, Salem, OR 97301

Frequently Asked Questions

What type of property is this?
Flex space - Recently updated workspace combines office, shop, production, and warehouse areas.
Where is this flex space located?
The property is located at 2990 Portland Road NE Salem, OR.
What are key features of this property?
This property features: 3,109 SF flex property with 1,025 SF of office space; Warehouse and shop area includes a dedicated production area; Recently renovated and described as very clean
More about this property
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