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250 Division St NE
Salem, OR 97301 Downtown Salem

$9,896 USD/MO

Office For Lease • 6,597 SF

Property Details

Property Type Office
Year Built 2006
Total Building Size 6,597 SF
Tenancy Single
Building Class B
Zoning CB

50 Transit Score

60 Walk Score

1 Space Available

Name	Space Use	Size	Rent	Details
1st Floor Ste	Office	6,597 SF	$18.00 USD/SF/YR
Lease Price Range: $1.25-1.50/SF/MO NNN (NNN estimated at $.75/SF/MO) Date available: Now Lease term: Negotiable Service type: Triple Net Built out as: Standard Office Space Type: Relet

Description

Located in the heart of Salem, OR, this property offers a rare opportunity to own or lease a secure, well-configured office facility ideally suited for nonprofits, government agencies, community service providers, and professional office users. Featuring 12 private offices, conference rooms, ADA restrooms, secured parking (23 spaces), full perimeter fencing, and flexible workspace areas, the property offers immediate functionality at a price below replacement cost. Neighboring tenants include Salem Police Department, Day Heating, Union Gospel Mission, and Bridgeway Community Services. Buyer to verify square footage, county assessed square footage is 6,597SF.

The building’s layout is well-suited for owner-users or tenants seeking a functional office environment with the ability to accommodate multiple users or departments.

                
                    Highlights
                
                                Sales Price: $1,770,150.00
                            
                                Lease Price Range: $1.25-1.50/SF/MO NNN (NNN estimated at $.75/SF/MO)
                            
                                Flexible Office Building Fully Fenced
                            
                                23 Parking Spaces
                            
                                Turn-Key Administrative Office Facility
                            
                                Buyer to cooperate with 1031 Exchange

Property Flyers

250 Division St NE OM

Major Tenants

Tenant	SF Occupied	Lease End Date
Coldwell Banker Comm
Oregon Teachers Standards & Practices Commission		9/30/2021
Teacher Standards

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salem (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak)	4 min	-	1.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	23
Type:	Surface
Included in Rent:	Yes

Jerry Jones 503-569-0074 SPERRY - Pikes NW

250 Division St NE Salem, OR 97301 Downtown Salem