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245 Commercial St SE
Salem, OR 97301 Downtown Salem

$2,207 - $2,567 USD/MO

Office For Lease  •  981+ SF

Property Details

  • Property Type Office
  • Year Built 1999
  • Total Building Size 18,127 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CB
59 Transit Score
75 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 100 - 1 Office 1,114 SF $27.00 USD/SF/YR
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office suites ranging from 981-1544 SF w/a range of layouts. This high class, high visibility ground level office suite is located at the corner of Commercial St & Ferry St a block from Riverfront Park. 245 Commercial is one of the highest traffic professional buildings in Downtown Salem's CB District. Suites will share common restrooms, lobby & large breakroom. 

Please contact listing brokers for more information. Construction to begin Spring 2025. Full service base lease with pass throughs on any tenant's percentage of property tax, insurance and utility increases annually starting Year 2.

  • Date available: Now
  • Lease term: 3 - 5 Years
  • Service type: Full Service Gross
  • Space Type: Relet
1st Floor Ste 100 - 2 Office 1,141 SF $27.00 USD/SF/YR
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office suites ranging from 981-1544 SF w/a range of layouts. This high class, high visibility ground level office suite is located at the corner of Commercial St & Ferry St a block from Riverfront Park. 245 Commercial is one of the highest traffic professional buildings in Downtown Salem's CB District. Suites will share common restrooms, lobby & large breakroom. 

Please contact listing brokers for more information. Construction to begin Spring 2025. Full service base lease with pass throughs on any tenant's percentage of property tax, insurance and utility increases annually starting Year 2.

  • Date available: Now
  • Lease term: 3 - 5 Years
  • Service type: Full Service Gross
  • Space Type: Relet
1st Floor Ste 100 - 3 Office 981 SF $27.00 USD/SF/YR
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office suites ranging from 981-1544 SF w/a range of layouts. This high class, high visibility ground level office suite is located at the corner of Commercial St & Ferry St a block from Riverfront Park. 245 Commercial is one of the highest traffic professional buildings in Downtown Salem's CB District. Suites will share common restrooms, lobby & large breakroom. 

Please contact listing brokers for more information. Construction to begin Spring 2025. Full service base lease with pass throughs on any tenant's percentage of property tax, insurance and utility increases annually starting Year 2.

  • Date available: Now
  • Lease term: 3 - 5 Years
  • Service type: Full Service Gross
  • Space Type: Relet
1st Floor Ste 100 - 4 Office 1,140 SF $27.00 USD/SF/YR
The former Umpqua Bank full 1st floor suite is being customized into 6 smaller office suites ranging from 981-1544 SF w/a range of layouts. This high class, high visibility ground level office suite is located at the corner of Commercial St & Ferry St a block from Riverfront Park. 245 Commercial is one of the highest traffic professional buildings in Downtown Salem's CB District. Suites will share common restrooms, lobby & large breakroom. 

Please contact listing brokers for more information. Construction to begin Spring 2025. Full service base lease with pass throughs on any tenant's percentage of property tax, insurance and utility increases annually starting Year 2.

  • Date available: Now
  • Lease term: 3 - 5 Years
  • Service type: Full Service Gross
  • Space Type: Relet

Description

The former Umpqua Bank full 1st floor suite is being customized into 4 smaller office suites ranging from 981-1544 SF w/a range of layouts. This high class, high visibility ground level office suite is located at the corner of Commercial St & Ferry St a block from Riverfront Park. 245 Commercial is one of the highest traffic professional buildings in Downtown Salem's CB District. Suites will share common restrooms, lobby & large breakroom. 

Please contact listing brokers for more information. Construction to begin Spring 2025. Full service base lease with pass throughs on any tenant's percentage of property tax, insurance and utility increases annually starting Year 2.

This building is Class A professional, well maintained with a great professional mix of tenants.  The location is within walking distance to so many great restaurants, shopping and major landmarks such as The Grand Hotel, Salem Convention Center, Riverfront Park, Willamette River, and all of Downtown Salem.

Highlights

Drive-Thru Teller Window
Excellent Location in Downtown Salem
Bank Vault

Property Flyers

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
3 min 20 min 1.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Elesa Doll 503-884-1273 SMI Real Estate
Elesa Doll 503-884-1273 SMI Real Estate