For Lease
$27/SF/YR

245 Commercial StSalem, OR 97301

7,453 SF Creative/Traditional Office Suite

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 7,453 square foot office space is available for lease in downtown Salem, Oregon. Located at the highly visible corner of Commercial Street SE and Ferry Street, this property offers unparalleled access and exposure. Situated across from the Salem Convention Center and the new Holman Hilton Hotel, this location boasts high traffic and visibility. The suite occupies the entire first floor of a two-story building and features ten private offices, a breakroom, a second kitchenette, a storage/server room, a drive-up teller window, and a vault. The space includes two entrances, a large lobby, and ample parking with 21 spaces. The building sits on a 0.66-acre lot and is zoned CB. The total building size is 17,665 square feet, with a minimum divisible space of 7,453 square feet. This is a multi-tenant building in Marion County. The gross lease rate is $2.25 per square foot, with pass-through increases on operating expenses. Please note that this space is currently vacant. Do not disturb existing tenants.

Highlights

  • 7,453 SF of vacant office space available for lease in downtown Salem, OR.
  • High-visibility corner location at Commercial St SE & Ferry St, across from the Salem Convention Center and Holman Hilton Hotel.
  • Entire first floor of a two-story building, featuring 10 private offices, breakroom, kitchenette, storage/server room, drive-up window, and vault.
  • Two entrances, large lobby, and 21 parking spaces on a 0.66-acre lot; CB zoning.
  • Gross lease rate: $2.25/SF, plus operating expense pass-throughs.

Property Details for 245 Commercial St

Property type
Office properties, Office space
RSF (Rentable sq. ft)
17,665 SF
Buildings
1
Stories
2

Unit(s) available at that property

Space
1st floor suite
Size
7,453 SF
Rate per SF
$27

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.939372484278
Longitude
-123.04093721499
245 Commercial St, Salem, Oregon

FAQs

What type of property is this?
Office property - 7,453 SF Creative/Traditional Office Suite
Where is the office property located?
The property is located at 245 Commercial 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: 7,453 SF of vacant office space available for lease in downtown Salem, OR.; High-visibility corner location at Commercial St SE & Ferry St, across from the Salem Convention Center and Holman Hilton Hotel.; Entire first floor of a two-story building, featuring 10 private offices, breakroom, kitchenette, storage/server room, drive-up window, and vault.
How can I contact the broker?
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245 Commercial St
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