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Class A Office Building Suites
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3155 River Rd S, Salem, OR 97302

Two professional office suites with private offices and shared amenities.

Property Size615 SF
Price / SF$3,495
Days on Market878

Property Features for 3155 River Rd S

General Information

Standard status Active
Size 615 SF
Class A
Property subtype Retail, Office
Zoning Commercial Office

Building Details

Year Built 2002
Buildings 3
Stories 1
Tenancy Multi
Listing Agency: First Commercial Real Estate Services
Listed By: Joshua Kay · License #OR 201215272
Source: Crexi
Added: Apr 12, 2024 Changed: Aug 22 Last Checked: Sep 5 at 9:10AM

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 First Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This Class A office building is divided into two professional office suites, each featuring multiple private offices, reception areas, and open work rooms. Suite 100 includes an executive boardroom, while Suite 150 has a private executive restroom. Each suite also contains a private office with a gas fireplace. A 615 square foot shared common area is situated between the two suites, comprising a break room, two ADA restrooms, and a mechanical/electrical room. The office building features wood-framed construction with a decorative brick veneer on the exterior walls. The roof is gabled with a standing seam metal covering. The tenant suites are accessible through separate entrances located along the west elevation of the building. The entrances have double pedestrian doors encased in metal and glass. The building was constructed by Dalke Construction and designed by Ac&co Architecture. Additionally, there is a home-to-office conversion building that has served as an accessory dwelling unit. It was last utilized as an Airbnb and formerly as an office space. It contains 2 bedrooms, 1.5 bathrooms, and a full kitchen, along with a small laundry room accessible from the main hallway. A central open living/work area features a large natural wood-burning fireplace, and there is ample storage space. A storage building is also present, used for file and equipment storage. It is built on a slab on grade, fully insulated, and has a metal roof.

Key Highlights

  • Two Class A office suites, each featuring multiple private offices, reception areas, and open work rooms.
  • Suite 100 includes an executive boardroom; Suite 150 includes a private executive restroom.
  • Each suite features a private office with a gas fireplace.

Property Analytics

Current Use

Terrence Kay P.C. Law Firm Westcare Management Inc Business Management Consultant Veterans Care Centers ... Association / Organization

Suggested Use

Top Pick Dental Office Law Firm Restaurant Spa & Massage Center Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

152
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

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?
Office building - Two professional office suites with private offices and shared amenities.
Where is this office building located?
The property is located at 3155 River Rd S Salem, OR.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two Class A office suites, each featuring multiple private offices, reception areas, and open work rooms.; Suite 100 includes an executive boardroom; Suite 150 includes a private executive restroom.; Each suite features a private office with a gas fireplace.
More about this property
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