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    250 Church St Salem, OR 97301

    For Lease
    $27 SF/Yr

    Class A Office Suites, Downtown Salem

    Lot size:
    32,643 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Class A office space, located at 250 Church St SE in Salem, Oregon, 97301, offers a unique opportunity for businesses seeking a prestigious downtown location. The property, Park Place Professional, is a single, three-story building totaling 32,643 square feet, constructed in 1995 and zoned CB. Currently, there is 2,299 square feet of immediately available space on the first floor, ideal for a variety of executive office needs. The building allows for flexible configurations, with a minimum divisible space of 2,299 square feet and a maximum contiguous space of 6,353 square feet, catering to businesses of varying sizes. The building features convenient on-site parking, a significant advantage in a bustling downtown area. This is a multi-tenant building, providing a collaborative and professional environment. The property's prime location in Salem's central business district offers easy access to major transportation routes, amenities, and other key businesses. This is an excellent opportunity to establish or expand your business in a highly desirable and well-maintained office setting. The building's "A" class designation reflects its high-quality construction, modern amenities, and excellent overall condition. Don't miss this chance to secure your ideal office space in the heart of Salem.

    Property Features for 250 Church St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,643 SF
    Class
    A
    Total Rate
    73446.75

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,299 SF
    Rate per SF
    $27

    HighLights

    • 2,299 SF of immediately available Class A office space on the first floor at 250 Church St SE, Salem, OR 97301.
    • Located in Salem's central business district with easy access to transportation and amenities.
    • Park Place Professional is a three‑story, 32,643 SF building (CB zoning) built in 1995.
    • Flexible space configurations available, from 2,299 SF to 6,353 SF contiguous.
    • On‑site parking available in this multi‑tenant building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    James M. Eyre, ... Dentist Willamette Valley Oral ... Dentist Saalfeld Griggs PC: ... Attorney Caliber Home Loans, ... Mortgage Lender Effectv Advertising Agency

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0356243
    Latitude
    44.9372711

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, Downtown Salem
    Where is this office property / space located?
    The property is located at 250 Church St Salem, OR.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 2,299 SF of immediately available Class A office space on the first floor at 250 Church St SE, Salem, OR 97301.; Located in Salem's central business district with easy access to transportation and amenities.; Park Place Professional is a three-story, 32,643 SF building (CB zoning) built in 1995.
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    250 Church 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
    250 Church St Salem, OR 97301
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