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Two-Office Cottage Suite
New
For Lease
$1,300/Mo

689 Church St Ne, Salem, OR 97301

A professional setting includes a waiting area, restroom, and lunchroom.

Space SizeContact for details
Days on Market6

Property Features for 689 Church St Ne

General Information

Standard status Active

Space & Availability

Space Use Office
Private Offices 2

Amenities

open waiting room
restroom
lunchroom
Listing Agency: NVEST REAL ESTATE AND PROPERTY MANAGEMENT LLC
Listed By: TODD HUDAK
Source: Exprealty
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 16 at 12:30PM

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 NVEST REAL ESTATE AND PROPERTY MANAGEMENT LLC

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Investment Insights

Based on property information with market context.

This 600-square-foot cottage office suite is arranged with an open waiting area, two private offices, a restroom, and a lunchroom. Its compact, defined layout is suited to professional office occupancy.

The property is a few blocks from downtown and sits among other professional offices and standalone salons.

Key Highlights

  • 600‑square‑foot cottage office suite
  • Two offices with an open waiting area
  • Restroom and lunchroom

Property Analytics

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Current Use

Colorful Shenanigans Nail Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service HVAC Service Locksmith 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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,211
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
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Market

Lease Benchmarks for Salem, OR

$26.61 /SF/Yr
Avg Asking Price
$15–$51.76 /SF/Yr
Price Range
9,236 SF
Avg Space Size

This space is priced 2% below the average of $26.61 /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

Frequently Asked Questions

What type of property is this?
Office units - A professional setting includes a waiting area, restroom, and lunchroom.
Where is this office units located?
The property is located at 689 Church St Ne Salem, OR.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 600‑square‑foot cottage office suite; Two offices with an open waiting area; Restroom and lunchroom
More about this property
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