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    2111 Front St Salem, OR 97301

    Sponsored
    For Lease
    $14 SF/Yr

    Riverfront Office Suites, Ample Parking

    Lot size:
    13,947 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This multi-tenant office complex at 2111 Front St NE, Salem, Oregon, offers stunning Willamette River views. The property, situated on a 2.75-acre lot, is conveniently located just south of Pine Street NE, approximately 1.5 miles north of Salem's City Center. Access is easy via Salem Parkway and Commercial Street. The building is classified as Class C and zoned Industrial Commercial (IC). The property features ample on-site parking and is tucked away from the main road on Front Street. Three office spaces are currently available, ranging from 1,440 square feet to 10,880 contiguous square feet, with a total of 17,680 square feet currently vacant. The minimum divisible space is 1,440 square feet. This presents a unique opportunity for businesses seeking flexible office space in a desirable location with picturesque river views. The property's location offers convenient access to major thoroughfares and is within close proximity to Salem's city center. The zoning designation of Industrial Commercial (IC) allows for a variety of potential uses. This is an excellent opportunity for businesses seeking a well-located and attractive office space in Salem, Oregon. The property is in Marion County, Oregon, and has a 97301 zip code.

    Property Features for 2111 Front St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,947 SF
    Class
    C

    Unit(s) available at that property

    Space
    Building 2
    Size
    10,880 SF
    Rate per SF
    $17
    Space
    Building 3, Suite 201
    Size
    1,385 SF
    Rate per SF
    $14
    Space
    Building 3, Suite 210
    Size
    1,682 SF
    Rate per SF
    $14

    HighLights

    • 2.75‑acre site in Salem, OR.
    • Zoned Industrial Commercial (IC).
    • Class C office building.
    • Full‑service lease (excluding janitorial).
    • Landlord will negotiate tenant improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cooper Carol A DC Chiropractor Desiree F. Rudder, ... Counselor Happy Spirit Healing ... Massage Therapist 8 Hands Healing Massage Therapist Salem Keizer Electrology Electrolysis Hair Removal Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply 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
    -123.03409390084
    Latitude
    44.961121476097

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    FAQs

    What type of property is this?
    Office space - Riverfront Office Suites, Ample Parking
    Where is this office space located?
    The property is located at 2111 Front St Salem, OR.
    What is the lease rate?
    The lease rate is $14-$17 SF/Yr.
    What are key features of this property?
    This property features: 2.75-acre site in Salem, OR.; Zoned Industrial Commercial (IC).; Class C office building.
    Request Owner's contact information
    2111 Front St Salem, OR 97301
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    Salem, OR 97301
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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
    2111 Front St Salem, OR 97301
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