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Property profile & analytics
OFF-MARKET
Office Spaces

565 Union St Salem, OR 97301

Property ID
Property summary
AI-generated overview

This exceptional office property at 565 Union St NE, Salem, Oregon, offers a variety of spaces ideal for businesses seeking a central location. Currently, 2,268 square feet are available for lease across multiple suites, with one particular suite measuring 252 square feet. The building features a mix of executive and traditional office spaces, providing flexibility for various business needs. Each suite includes private office areas and dedicated storage space. The property boasts a highly desirable walk score of 85, reflecting its convenient location within Salem's vibrant downtown core. Its strategic corner location at Union & Church Street NE places it within easy reach of public transportation, including several bus routes and just three blocks from the main bus terminal. The property's zoning is designated as CB, and its proximity to the Marion County Courthouse (within three blocks) further enhances its appeal. This is an excellent opportunity for businesses seeking a well-located, functional, and accessible office space in the heart of Salem, Oregon. The address is 565 Union St NE, Salem, OR 97301.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cox Sandi Family Counselor
  • Grant Neda L Family Counselor
  • Kassirer Ishara Family Counselor Counselor
  • Salem Pastoral Counseling Center: Mcfetridge Mike Family Counselor
  • Youth Villages Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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