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Class A Office Suites Available
For Lease
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1220 20th St SE, Salem, OR 97302

Multi-tenant office building with suites for lease.

Space Size2,040 SF
Days on Market1344

Property Features for 1220 20th St SE

General Information

Standard status Active
Size 2,040 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Tenancy Multiple

Spaces For Lease

at 1220 20th St SE Contact us

Suite 200

Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 330

Size
2,040 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: Dec 16, 2022 Changed: Aug 13 Last Checked: Aug 20 at 4:40AM

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.

This multi-tenant Class A professional office building offers multiple suites for rent. The location provides ideal visibility for professional and executive office users. Abundant parking is available. Leases are full service, excluding janitorial services. Each suite features ADA accessibility and a building access control system. Numerous businesses are located within walking distance. The property is conveniently located off Mission Street.

Key Highlights

  • Class A professional office building.
  • Convenient location off Mission Street.
  • Abundant parking for tenants and visitors.

Property Analytics

Current Use

Bankers Life Insurance Agency Dominic Olvera, Bankers ... Insurance Agency Caylum King, Bankers ... Insurance Agency Michael Norell, Bankers ... Insurance Agency Monica Ellis, Bankers ... Insurance Agency

Suggested Use

Top Pick Storage Facility Pharmacy Grocery & Convenience Store Furniture & Home Goods Food Market Big Box & Wholesale Store

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,317
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 - Multi-tenant office building with suites for lease.
Where is this office building located?
The property is located at 1220 20th St SE Salem, OR.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Class A professional office building.; Convenient location off Mission Street.; Abundant parking for tenants and visitors.
(503) 371-1234 Call to check price and availability
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