Professional Office Building Near
For Lease
Contact for pricing
698 12th Street SE, Salem, OR 97301
Conveniently located office building near Oregon State Capitol.
Space Size1,632 SF - 4,664 SF
Property Size30,488 SF
Days on Market208
Property Features for 698 12th Street SE
General Information
Standard status
Active
Size
1,632 SF - 4,664 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
30,488 SF
Year Built
1997
Spaces For Lease
at 698 12th Street SE Contact usSuite 240 $1.85/SF/Mo
Size
4,664 SF
Type
Office Building
Term
Minimum of 36 Months
Suite 205 $1.85/SF/Mo
Size
1,632 SF
Type
Class A Office Space
Term
Negotiable
Listing Agency:
Capacity Commercial Group
Listed By:
Curt Arthur, SIOR · License #910200259
(503) 559-7990
Source:
Capacitycommercial
Added: Mar 26
Changed: Oct 13
Last Checked: Oct 19 at 4:14AM
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
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Investment Insights
Based on property information with market context.
University Station is a professional office building constructed in 1997, with an exterior upgrade in 2005. The property is located within blocks of the Oregon State Capitol, Willamette University, Salem Health | Hospital, and the Central Business District. This Creekside property is adjacent to 3 major thoroughfares, including the eastbound ramp to Mission St and I-5, making it conveniently located. The building is suitable for professional office, legal, medical, or government uses.
Key Highlights
- Prime Location: Blocks from Oregon State Capitol, Willamette University, Salem Health | Hospital, and the Central Business District.
- Convenient Access: Adjacent to 3 major thoroughfares, including I‑5.
- Versatile Use: Suitable for professional office, legal, medical, or government purposes.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,952
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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Market
Lease Benchmarks for Salem, OR
$22.04 /SF/Yr
Avg Asking Price
$16–$27 /SF/Yr
Price Range
15,435 SF
Avg Space Size
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Conveniently located office building near Oregon State Capitol.
Where is this office building located?
The property is located at 698 12th Street SE Salem, OR.
What are key features of this property?
This property features: Prime Location: Blocks from Oregon State Capitol, Willamette University, Salem Health | Hospital, and the Central Business District.; Convenient Access: Adjacent to 3 major thoroughfares, including I‑5.; Versatile Use: Suitable for professional office, legal, medical, or government purposes.
