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    1255 Lee St Salem, OR 97302

    Sponsored
    For Lease
    $23 SF/Yr

    Prime Salem office, 3,278 sq ft available.

    Lot size:
    23,729 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,278 square foot creative office space is situated in a desirable Salem, Oregon location at 1255 Lee Street SE, on the corner of 12th and Lee Streets. Built in 2005, this single-tenant space within a larger building (totaling 23,729 square feet) is zoned for commercial office use and offers a fantastic layout ideal for a variety of professional businesses. The space boasts high ceilings and a well-designed configuration including three executive offices, five private offices, and ample open workspace to accommodate a growing team. A convenient break room is included, along with shared restrooms with a neighboring tenant. The building features a spacious common lobby and waiting area at the main entrance, providing a professional and welcoming atmosphere for clients and employees. This property is located in Marion County, Oregon, with easy access to major transportation routes and amenities. The property is ready for immediate occupancy. The address is 1255 Lee St SE, Salem, OR 97302.

    Property Features for 1255 Lee St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,729 SF
    Total Rate
    46271.55

    Building Details

    Year Built
    2005

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,278 SF
    Rate per SF
    $23

    HighLights

    • 3,278 SF creative office space in Salem, OR.
    • Located at 1255 Lee St SE, corner of 12th and Lee Streets.
    • Built in 2005, single‑tenant space in a larger commercial building.
    • Features high ceilings, three executive offices, five private offices, and open workspace.
    • Includes a break room and shares restrooms.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Oregon Home Team ... Real Estate Agent Merrill Lynch Financial ... Financial Consultant Merrill Lynch Wealth ... Financial Planner Merrill Lynch Financial ... Financial Consultant Merrill Lynch Financial ... Financial Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0295926
    Latitude
    44.9291025

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    FAQs

    What type of property is this?
    Office space - Prime Salem office, 3,278 sq ft available.
    Where is this office space located?
    The property is located at 1255 Lee St Salem, OR.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 3,278 SF creative office space in Salem, OR.; Located at 1255 Lee St SE, corner of 12th and Lee Streets.; Built in 2005, single-tenant space in a larger commercial building.
    Request Owner's contact information
    1255 Lee St Salem, OR 97302
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    Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1255 Lee St Salem, OR 97302
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