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Remodeled Mixed-Use Building
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622 N Water St, Silverton, OR 97381

Two-story configuration combines office space with a rear service area and open kitchen.

Property Size6,295 SF
Days on Market141

Property Features for 622 N Water St

General Information

Standard status Active
Size 6,295 SF
Property subtype Office, Retail
Occupancy 100%

Building Details

Year Built 1962
Year Renovated 2020
Buildings 1
Stories 2
Building Size 6,295 SF
Tenancy Single
Owner Occupied No
Listing Agency: Colliers - Portland, Oregon
Listed By: Scott Logan · License #OR 201206413
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 1:32PM

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 Colliers - Portland, Oregon

Investment Insights

Based on property information with market context.

This 6,295-square-foot mixed-use building provides two levels of space, with the front portion arranged for office occupancy. The rear area includes two roll-up garage doors, a concrete slab, exposed ductwork, and an open kitchen. Originally built in 1962, the property received a comprehensive remodel in 2020 that updated building systems and interior finishes.

The building is located at 622 N Water Street in Silverton, with walkable access to dining options and the city’s historic downtown. The Oregon Gardens and Silver Falls State Park are a short drive away, while Salem is approximately 12 miles from the property.

Sequoia Falls Academy currently leases the building through June 15, 2026, providing in-place rental income during the remaining lease term. The office and rear service-oriented layout supports continued mixed-use occupancy after that term.

Key Highlights

  • 6,295‑square‑foot, two‑story mixed‑use building
  • Comprehensive remodel completed in 2020; originally constructed in 1962
  • Two roll‑up garage doors open to a concrete slab area

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Auto Parts Store Grocery & Convenience Store Home Appliance Store Plumbing 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 97381, OR

16,313
Population
5,882
Households
2.8
Avg Household Size
40
Median Age
31%
College-Educated
92%
High-School Grad
110.0 sq mi
ZIP Area
148
Density / Sq Mi
$84,077
Median Household Income
$42,337
Median Earnings
$1,491
Median Rent
$497,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story configuration combines office space with a rear service area and open kitchen.
Where is this mixed-use property located?
The property is located at 622 N Water St Silverton, OR.
What are key features of this property?
This property features: 6,295‑square‑foot, two‑story mixed‑use building; Comprehensive remodel completed in 2020; originally constructed in 1962; Two roll‑up garage doors open to a concrete slab area
(503) 542-5480 Call to check price and availability
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