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245 Commercial St SE 981 - 4,376 SF of Office Space Available in Salem, OR 97301

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HIGHLIGHTS

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

ALL AVAILABLE SPACES(4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 100 - 1
  • 1,114 SF
  • 3-5 Years
  • $37.69 CAD/SF/YR $3.14 CAD/SF/MO $41,986 CAD/YR $3,499 CAD/MO
  • Office
  • -
  • Now

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.

  • Rate includes utilities, building services and property expenses
  • 1st Floor, Ste 100 - 2
  • 1,141 SF
  • 3-5 Years
  • $37.69 CAD/SF/YR $3.14 CAD/SF/MO $43,004 CAD/YR $3,584 CAD/MO
  • Office
  • -
  • Now

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.

  • Rate includes utilities, building services and property expenses
  • 1st Floor, Ste 100 - 3
  • 981 SF
  • 3-5 Years
  • $37.69 CAD/SF/YR $3.14 CAD/SF/MO $36,974 CAD/YR $3,081 CAD/MO
  • Office
  • -
  • Now

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.

  • Rate includes utilities, building services and property expenses
  • 1st Floor, Ste 100 - 4
  • 1,140 SF
  • 3-5 Years
  • $37.69 CAD/SF/YR $3.14 CAD/SF/MO $42,966 CAD/YR $3,581 CAD/MO
  • Office
  • -
  • Now

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.

  • Rate includes utilities, building services and property expenses
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 100 - 1 1,114 SF 3-5 Years $37.69 CAD/SF/YR $3.14 CAD/SF/MO $41,986 CAD/YR $3,499 CAD/MO Office - Now
1st Floor, Ste 100 - 2 1,141 SF 3-5 Years $37.69 CAD/SF/YR $3.14 CAD/SF/MO $43,004 CAD/YR $3,584 CAD/MO Office - Now
1st Floor, Ste 100 - 3 981 SF 3-5 Years $37.69 CAD/SF/YR $3.14 CAD/SF/MO $36,974 CAD/YR $3,081 CAD/MO Office - Now
1st Floor, Ste 100 - 4 1,140 SF 3-5 Years $37.69 CAD/SF/YR $3.14 CAD/SF/MO $42,966 CAD/YR $3,581 CAD/MO Office - Now

1st Floor, Ste 100 - 1

Size
1,114 SF
Term
3-5 Years
Rental Rate
$37.69 CAD/SF/YR $3.14 CAD/SF/MO $41,986 CAD/YR $3,499 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 100 - 2

Size
1,141 SF
Term
3-5 Years
Rental Rate
$37.69 CAD/SF/YR $3.14 CAD/SF/MO $43,004 CAD/YR $3,584 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 100 - 3

Size
981 SF
Term
3-5 Years
Rental Rate
$37.69 CAD/SF/YR $3.14 CAD/SF/MO $36,974 CAD/YR $3,081 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 100 - 4

Size
1,140 SF
Term
3-5 Years
Rental Rate
$37.69 CAD/SF/YR $3.14 CAD/SF/MO $42,966 CAD/YR $3,581 CAD/MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 100 - 1

Size 1,114 SF
Term 3-5 Years
Rental Rate $37.69 CAD/SF/YR
Space Use Office
Condition -
Available Now

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.

  • Rate includes utilities, building services and property expenses

1st Floor, Ste 100 - 2

Size 1,141 SF
Term 3-5 Years
Rental Rate $37.69 CAD/SF/YR
Space Use Office
Condition -
Available Now

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.

  • Rate includes utilities, building services and property expenses

1st Floor, Ste 100 - 3

Size 981 SF
Term 3-5 Years
Rental Rate $37.69 CAD/SF/YR
Space Use Office
Condition -
Available Now

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.

  • Rate includes utilities, building services and property expenses

1st Floor, Ste 100 - 4

Size 1,140 SF
Term 3-5 Years
Rental Rate $37.69 CAD/SF/YR
Space Use Office
Condition -
Available Now

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.

  • Rate includes utilities, building services and property expenses

PROPERTY OVERVIEW

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.

  • Bus Line
  • Signage

PROPERTY FACTS

Building Type
Office
Year Built
1999
Building Height
2 Stories
Building Size
18,127 SF
Building Class
B
Typical Floor Size
9,063 SF
Parking
45 Surface Parking Spaces
5 Covered Parking Spaces
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 28410636

  • Date on Market: 2025-03-20

  • Last Updated:

  • Address: 245 Commercial St SE, Salem, OR 97301

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