Salem Office Ballroom For
For Lease
Contact for pricing
495 State St, Salem, OR 97301
Sixth-floor ballroom, kitchen, and offices available for lease in Salem.
Space Size5,077 SF
Property Size33,830 SF
Days on Market806
Property Features for 495 State St
General Information
Standard status
Active
Size
5,077 SF
Class
A
Property subtype
Office
Lease Type
Full Service
Building Details
Building Size
33,830 SF
Year Built
1912
Tenancy
Multiple
Spaces For Lease
at 495 State St Contact us- Size
- 5,077 SF
- Type
- Office
- Lease Type
- Full Service
- Availability
- Active
6th Floor
Listing Agency:
First Commercial Real Estate Services
(503) 364-7400
Listed By:
Ruth Dana · License #OR 900300123
Source:
Crexi
Added: Jun 7, 2024
Changed: Aug 8
Last Checked: Aug 17 at 9:45AM
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.
The Franklin Building, a six-story structure, features a sixth-floor ballroom available for lease, along with a kitchen and adjacent offices. This space is suitable for an event planner or other assembly use. On-site parking is available for an additional monthly fee on a first-come, first-served basis. The owner is not interested in single-event uses at this time.
Key Highlights
- Sixth‑floor ballroom space, one of the most beautiful spaces in Salem.
- Located in The Franklin Building, one of Salem's tallest structures.
- Includes a kitchen and adjacent offices.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.76 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,289
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
Market
Lease Benchmarks for Salem, OR
$25.98 /SF/Yr
Avg Asking Price
$16.2–$54.55 /SF/Yr
Price Range
8,855 SF
Avg Space Size
This space is priced 55% below the average of $25.98 /SF/Yr.
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 - Sixth-floor ballroom, kitchen, and offices available for lease in Salem.
Where is this office units located?
The property is located at 495 State St Salem, OR.
What is the lease rate?
The lease rate is $11.76 SF/Yr.
What are key features of this property?
This property features: Sixth‑floor ballroom space, one of the most beautiful spaces in Salem.; Located in The Franklin Building, one of Salem's tallest structures.; Includes a kitchen and adjacent offices.
