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Office Suite with ADA Features

435 COMMERCIAL ST 250, Salem, OR 97301

For Lease
Contact for pricing

The single-level building pairs classic architecture with modern ADA amenities.

Space Size1,690 SF
Days on Market129

Property Features for 435 COMMERCIAL ST 250

General Information

Standard status Active
Size 1,690 SF
Net Rentable 1,690 SF
Property subtype Office
Lease Type Full Service

Space & Availability

Available Space 1,690 SF
Contiguous Space 1,690 SF
Space Use Office

Lease Terms

Lease Rate $1.55 /SF/MO
Monthly Rent $2,619
Rent per SF/Year $18.60

Site & Location

Neighborhood Central Area Neighborhood Development Organization (can-Do)

Building Details

Stories 1

Spaces For Lease

at 435 COMMERCIAL ST 250
250 Active
Size 1,690 SF
Contact us
Listing Agency: SMI Real Estate
Listed By: Elesa Doll · License OR #200708163
Source: Crexi
Added: Jul 8 Changed: Nov 9 Last Checked: Nov 12 at 5:08AM

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

Rey
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Investment Insights

Based on property information with market context.

Suite 250 offers 1,690 SF of office space in a single-level building with classic architecture and modern ADA amenities. The Oregon State Marine Board is also located in the property.

The building has 330 feet of frontage on Commercial Street in central downtown Salem, between two bridges. Commercial Street serves as a route from Keizer into downtown.

Key Highlights

  • 1,690 SF office suite available for lease
  • 330 feet of frontage on Commercial Street
  • Single‑level office building with modern ADA amenities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Oregon State Marine ... Government Office Southwell Law, LLC Law Firm David H. Leonard Law Firm Churchill Leonard, LLP Law Firm Jamel Porta Potty ... Building Supply

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Catering Service

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
$2.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,178
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

This space is priced 28% below the average of $25.92 /SF/Yr.

Properties on Market for Office Units in Salem

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The single-level building pairs classic architecture with modern ADA amenities.
Where is this office unit located?
The property is located at 435 COMMERCIAL ST 250 Salem, OR.
What are key features of this property?
This property features: 1,690 SF office suite available for lease; 330 feet of frontage on Commercial Street; Single‑level office building with modern ADA amenities
(503) 884-1273 Call to check price and availability
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