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Medical Office Suites with Parking
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4350 Commercial Street Southeast, Salem, OR 97302

Two office suites offer flexible layouts, private and collaborative workspace options, and ample on-site parking.

Space Size960 SF
Property Size3,536 SF
Days on Market134

Property Features for 4350 Commercial Street Southeast

General Information

Standard status Active
Size 960 SF
Class B
Property subtype Office
Lease Type Modified Gross

Additional Details

Highway Access Yes
Office Units 2

Building Details

Building Size 3,536 SF
Year Built 1992
Tenancy Multiple

Spaces For Lease

at 4350 Commercial Street Southeast Contact us

4350 Commercial St

Size
960 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Curt Arthur · License #910200259
Source: Crexi
Added: Apr 1 Changed: Aug 8 Last Checked: Aug 11 at 2:46PM

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 property includes two office suites with functional office infrastructure and flexible workspace configurations. Each suite supports both private offices and collaborative work areas, with abundant natural light throughout.

Located along Commercial Street SE in Salem, the property offers strong visibility and convenient access to major roadways. It is also positioned near surrounding retail and service amenities, supporting regular employee and client traffic.

Overall, the building is suited for professional services and administrative use, with layout options that can accommodate medical and other office-oriented operations.

Key Highlights

  • Two office suites with functional office infrastructure and versatile workspace configurations
  • Layouts support both private offices and collaborative work areas
  • Abundant natural light throughout the suites

Property Analytics

Current Use

Sprout Pediatrics Pediatrician Dr. Dorin Kemmerle Pediatrician Dorin Meredith Kemmerle Pediatrician

Suggested Use

Top Pick Law Firm Dental Office Building Supply HVAC Service Big Box & Wholesale Store Electrical 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

2
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
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

This space is priced 8% below the average of $25.98 /SF/Yr.

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two office suites offer flexible layouts, private and collaborative workspace options, and ample on-site parking.
Where is this office units located?
The property is located at 4350 Commercial Street Southeast Salem, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Two office suites with functional office infrastructure and versatile workspace configurations; Layouts support both private offices and collaborative work areas; Abundant natural light throughout the suites
(503) 588-0400 Call to check price and availability
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