Downtown Two-Story Office
305 - 321 Court Street NE, Salem, OR 97301
For Lease
$745/Mo
Professional office space with shared amenities and nearby client parking in central Salem.
Space Size120 SF - 250 SF
Property Size17,625 SF
Lot Size0.14 Acres
Days on Market54
Property Features for 305 - 321 Court Street NE
General Information
Standard status
Size
Class
Lot size
Property subtype
Occupancy
Space & Availability
Floor
Space Use
Site & Location
Neighborhood
Highway Access
Building Details
Building Size
Year Built
Stories
Spaces For Lease
at 305 - 321 Court Street NE Contact usSuite 203B Immediate
Size
120 SF
Type
Office
Lease Type
Full Service
Sublease
No
Renewal Option
Yes
Suite 211 Immediate
Size
250 SF
Type
Office
Lease Type
Full Service
Sublease
No
Renewal Option
Yes
Listing Agency:
Hancock Real Estate
Listed By:
Terry Hancock · License OR #200110013
(503) 371-1234
Source:
Commercialcafe
Added: Sep 21
Changed: Nov 1
Last Checked: Nov 12 at 4:36AM
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 Hancock Real Estate
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Investment Insights
Based on property information with market context.
This 17,625-square-foot, two-story office building occupies 0.14 acre at 305–321 Court Street NE in downtown Salem. Constructed in 1940, the property includes two second-floor office suites with access to shared building amenities. The building is reported as 98% leased, combining occupied space with available office suites within the same property.
The location provides a walkable downtown setting near the Oregon State Capitol, state government offices, restaurants, retail, and professional services. Highway 22 and Interstate 5 offer regional access through the Mid-Willamette Valley and toward the Portland metro area. Free client and patron parking is available at the nearby Chemeketa Parkade.
The location provides a walkable downtown setting near the Oregon State Capitol, state government offices, restaurants, retail, and professional services. Highway 22 and Interstate 5 offer regional access through the Mid-Willamette Valley and toward the Portland metro area. Free client and patron parking is available at the nearby Chemeketa Parkade.
Key Highlights
- 17,625 SF two‑story office building on 0.14 acre
- Two second‑floor office suites available
- 98% leased building
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
98%
Occupancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,569
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salem, OR
$21 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
15,831 SF
Avg Space Size
Properties on Market for Office buildings in Salem
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Professional office space with shared amenities and nearby client parking in central Salem.
Where is this office building located?
The property is located at 305 - 321 Court Street NE Salem, OR.
What is the lease rate?
The lease rate is $745/Mo.
What are key features of this property?
This property features: 17,625 SF two‑story office building on 0.14 acre; Two second‑floor office suites available; 98% leased building
