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Freestanding Office Conversion with Signage
For Lease
$85,308

301 Shipping St NE, Salem, OR 97301

Freestanding two-level office space with large vinyl windows, signage, and a private paved parking lot on Commercial St.

Space Size1,446 SF
Days on Market447

Property Features for 301 Shipping St NE

General Information

Standard status Active
Size 1,446 SF
Net Rentable 1,446 SF
Zoning IC

Space & Availability

Available Space 1,446 SF
Contiguous Space 1,446 SF
Space Use Office

Additional Details

Road Access Yes

Amenities

private restroom
breakroom
private parking lot

Building Details

Building Size 1,446 SF
Stories 2
Listing Agency: Smi Real Estate
Listed By: Kassandra Bruhn
Source: Allprofessionalsre
Added: May 24, 2025 Changed: Aug 8 Last Checked: Aug 12 at 12:21PM

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

Investment Insights

Based on property information with market context.

This freestanding house conversion offers approximately 1,446 SF across two levels, with light, bright open areas suited for workstation setup. The main level includes space for stations, a shampoo room with two fixtures, a private restroom, and a breakroom with a sink and a washer and dryer hookup. Upstairs features three rooms.

Located on busy Commercial St NE in Salem, Oregon, the property is described as having great signage and heavy traffic counts. A nice paved private parking lot supports convenient on-site access, with the location also noted as close to Downtown, Keizer, and Salem Parkway.

The interior layout provides both open work areas and separate rooms for focused use, supported by abundant natural light from large vinyl windows.

Key Highlights

  • Approximately 1,446 SF across two levels
  • Shampoo room with 2 fixtures plus private restroom
  • Breakroom with sink and washer/dryer hookup

Property Analytics

Current Use

Ero Salon Hair Salon Owl Nail You Nail Salon Eczentric You Spa & Massage Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Travel Agency Catering Service Fish Market Clothing & Fashion Store

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,188
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

$25.98 /SF/Yr
Avg Asking Price
$16.2–$54.55 /SF/Yr
Price Range
8,864 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Freestanding two-level office space with large vinyl windows, signage, and a private paved parking lot on Commercial St.
Where is this office units located?
The property is located at 301 Shipping St NE Salem, OR.
What is the lease rate?
The lease rate is $85,308.
What are key features of this property?
This property features: Approximately 1,446 SF across two levels; Shampoo room with 2 fixtures plus private restroom; Breakroom with sink and washer/dryer hookup
More about this property
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