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245 Commercial St SE Salem, OR 97301

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Customizable office suites in high-traffic downtown Salem location.

Type:Office
Property size:
2,505 SF
Added:
May 5, 2023
Days on Market:
1081
Last Refresh:
Mar 17 at 1:19 pm

Property Features for 245 Commercial St SE

General Information

Standard status
Active
Size
2,505 SF
Property subtype
Office

Spaces For Lease

at 245 Commercial St SE Contact us

Suite 100-4 $2 /Mo

Size
1,140 SF
Type
Office
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office...
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Contact us

Suite 100-3 $2 /Mo

Size
981 SF
Type
Office
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office...
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Contact us

Suite 100-2 $2 /Mo

Size
1,141 SF
Type
Office
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office...
show more
Contact us

Suite 100-1 $2 /Mo

Size
1,114 SF
Type
Office
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office...
show more
Contact us

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Listing Contact
Elesa Doll
Elesa Doll

Listing agent Elesa Doll License #OR 200708163

Listing office SMI Real Estate

Listing date May 5, 2023

Source Crexi

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 SMI Real Estate


Overview

Downtown Salem Office Suites Available

Located at the corner of Commercial St & Ferry St, a block from Riverfront Park, 245 Commercial is a high-traffic professional building in Downtown Salem's CB District. The 1st floor suite is being customized into 4 smaller office suites ranging from 981 to 1544 square feet with a range of layouts. Suite 200 is a corner office suite offering approximately 2,505 rentable square feet and has 5 private offices, a huge reception area, a work room/storage area, a breakroom, and a professional corner conference room. This space features high-end finishes throughout. The suites will share common restrooms, a lobby, and a large breakroom. The building is elevator served and includes private parking and excellent signage. The lease rate is $2.25 per square foot per month, gross lease, with pass-through increases on operating expenses. Full-service base lease with pass-throughs on any tenant's percentage of property tax, insurance, and utility increases annually starting Year 2. High visibility and location across from the Salem. Construction to begin Spring 2025.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Elmer Law, PC Law Firm Connolly & Malstrom Law ... Law Firm Capital Press Publishing House Keller Associates Engineering ... Engineer Tim Beck Loan Service

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.0414436
Latitude
44.9393038

FAQs

What type of property is this?
Office units - Customizable office suites in high-traffic downtown Salem location.
Where is this office units located?
The property is located at 245 Commercial St SE Salem, OR.
What are key features of this property?
This property features: High‑visibility corner location at Commercial St & Ferry St in Downtown Salem's CB District.; Customizable 1st‑floor office suites ranging from 981‑1544 SF with various layouts.; Suite 200 (2,505 RSF) features 5 private offices, large reception, conference room, and high‑end finishes.
(503) 390-6060 Call to check price and availability
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