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Two-Building Flex Space Property
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3545 Portland Rd NE, Salem, OR 97301

Two-building flex property offers retail/office, warehouse, and covered lean-to storage on surplus land.

Space Size455 SF
Lot Size3.25 Acres
Days on Market479

Property Features for 3545 Portland Rd NE

General Information

Standard status Active
Size 455 SF
Lot size 3.25 Acres
Property subtype OFFICE
Lease Type Full Service

Site & Location

Neighborhood Northgate Neighborhood Association
Road Access Yes

Amenities

elevator

Spaces For Lease

at 3545 Portland Rd NE
3545 Portland Rd NE $2.00/SF/Mo
Floor 2
Size 455 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Plaza Del Sol is located on Portland Rd NE in the City of Salem’s North Gateway Urban Renewal Area. This two-building property sits on approximately 3.25 acres on two tax parcels and totals approximately 39,935 SF, which is comprised of ≈20,445 SF of retail/office space in the main building, ≈10,100 SF of warehouse space in a separate warehouse building, and approximately 9,390 of covered lean-to storage area adjacent to the main building. The upper level of the main building (served by an elevator) has approximately 4,080 SF of office space. The main building is home to an array of local businesses with diverse uses and the warehouse building is comprised of two suites leased to an indoor soccer facility and a pallet fabricator. The property contains surplus land which is poised for additional improvements or outdoor storage as well as an tenant-occupied building pad.
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Listing Agency: First Commercial Real Estate
Listed By: Josh Kay
Source: Moodyscre
Added: Jul 11, 2025 Changed: Oct 25 Last Checked: Nov 1 at 8:27AM

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 First Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

Plaza Del Sol is a two-building flex space property on Portland Rd NE in Salem’s North Gateway Urban Renewal Area. The site totals approximately 3.25 acres across two tax parcels and includes approximately 39,935 SF, with about 20,445 SF of retail/office space in the main building and about 10,100 SF of warehouse space in a separate warehouse building. Adjacent to the main building is approximately 9,390 SF of covered lean-to storage.

The main building’s upper level, served by an elevator, includes approximately 4,080 SF of office space. The property also contains surplus land suited for additional improvements or outdoor storage.

The warehouse building is comprised of two suites leased to an indoor soccer facility and a pallet fabricator, reflecting a mix of uses within the overall flex framework.

Key Highlights

  • Approximately 3.25‑acre site on two tax parcels
  • About 39,935 SF total building area across two buildings
  • Main building includes about 20,445 SF retail/office plus about 4,080 SF office on the upper level with elevator access

Property Analytics

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Current Use

Affordable Immigration Law Firm 55 Gallon Drums ... Big Box & Wholesale Store Salem City Indoor ... Sports Field & Court Oregon Legal Wills Law Firm Celebrating Jesus Love ... Church

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Accounting Firm Grocery & Convenience 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

510
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Mayrene's Catering — 2025 Carleton Way NE, Salem, OR 97301

Frequently Asked Questions

What type of property is this?
Flex space - Two-building flex property offers retail/office, warehouse, and covered lean-to storage on surplus land.
Where is this flex space located?
The property is located at 3545 Portland Rd NE Salem, OR.
What are key features of this property?
This property features: Approximately 3.25‑acre site on two tax parcels; About 39,935 SF total building area across two buildings; Main building includes about 20,445 SF retail/office plus about 4,080 SF office on the upper level with elevator access
(503) 931-3521 Call to check price and availability
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