Classic Office Building Near
For Lease
Contact for pricing
695 Commercial St SE, Salem, OR 97301
Office spaces available in well-located building near downtown.
Space Size373 SF
Days on Market1305
Property Features for 695 Commercial St SE
General Information
Standard status
Active
Size
373 SF
Property subtype
OFFICE
Lease Type
Gross
Spaces For Lease
at 695 Commercial St SE
Mattson Building
$1.79/SF/Mo
Floor
1
Size
373 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
• Great tenant mix of financial advisor, property manager, hair salon, personal waxing studio, architect, project manager, residential developer
• Updated finishes throughout the property including the suite interiors.
• Owner is on-site
• Opportunity for private restroom to be constructed within the suite.
Contact us
Listing Agency:
NLC Commercial Real Estate
(971) 707-4590
Listed By:
Ian Levin · License #200510306
(503) 383-8173
Source:
Moodyscre
Added: Mar 13, 2023
Changed: Sep 14
Last Checked: Oct 5 at 8:25PM
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 NLC Commercial Real Estate
Investment Insights
Based on property information with market context.
Originally constructed in the late 1960s, this building retains some of its classic architecture. It has undergone full surface upgrades in all available units. Located on the corner of Commercial Street and Leslie Street, the building is positioned just south of downtown, within walking distance. Parking is available at a ratio of 3 spaces per 1000 square feet, with additional spaces available for a fee of $40 per month. The current tenant mix includes financial, architecture, property management, real estate, and personal services. The building is open to creatives and attorneys.
Key Highlights
- Upgraded units with classic "Madmen" era architecture
- Convenient location south of downtown, walkable to city center
- Parking available (3:1000 ratio)
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,200
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salem, OR
$20.66 /SF/Yr
Avg Asking Price
$15–$27 /SF/Yr
Price Range
9,727 SF
Avg Space Size
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office spaces available in well-located building near downtown.
Where is this office units located?
The property is located at 695 Commercial St SE Salem, OR.
What are key features of this property?
This property features: Upgraded units with classic "Madmen" era architecture; Convenient location south of downtown, walkable to city center; Parking available (3:1000 ratio)
