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Downtown Office Space Available
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565 Union St NE, Salem, OR 97301

First and second floor office space with high walk score.

Space Size295 SF - 1,147 SF
Days on Market2151

Property Features for 565 Union St NE

General Information

Standard status Active
Size 295 SF - 1,147 SF
Property subtype Office
Lease Type Full Service

Building Details

Tenancy Multiple

Spaces For Lease

at 565 Union St NE Contact us

Suite 101

Size
1,147 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 200

Size
423 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 201

Size
406 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 202

Size
423 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 204

Size
861 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 205B

Size
295 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Hancock Real Estate
Listed By: Terry Hancock · License #OR 200110013
Source: Crexi
Added: Oct 16, 2020 Changed: Aug 31 Last Checked: Sep 1 at 7:47AM

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 Hancock Real Estate

Investment Insights

Based on property information with market context.

Office space is available on the first and second floors. The layout includes private offices and storage areas. The property has a strong walk score of 85. It is centrally located within three blocks of Marion County Courthouse and is situated on the corner of Union & Church Street NE, with access to several bus routes. The property is also located three blocks from the main bus terminal.

Key Highlights

  • Centrally located downtown, just three blocks from the Marion County Courthouse.
  • Enjoy a strong walk score of 85.
  • Located on the corner of Union & Church Street NE on several bus routes.

Property Analytics

Current Use

Cox Sandi Family Counselor Grant Neda L Family Counselor Kassirer Ishara Counselor Salem Pastoral Counseling ... Family Counselor Youth Villages Charitable Organization

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Pet Grooming 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,382
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

Market

Lease Benchmarks for Salem, OR

$20.3 /SF/Yr
Avg Asking Price
$9–$27 /SF/Yr
Price Range
8,411 SF
Avg Space Size

This space is priced 11% below the average of $20.3 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First and second floor office space with high walk score.
Where is this office units located?
The property is located at 565 Union St NE Salem, OR.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Centrally located downtown, just three blocks from the Marion County Courthouse.; Enjoy a strong walk score of 85.; Located on the corner of Union & Church Street NE on several bus routes.
(503) 371-1234 Call to check price and availability
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