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HIGHLIGHTS
- Multiple access points throughout the levels that open up into popular restaurants such as Ritter’s and Archive Coffee & Bar.
- Within walking distance to so many incredible restaurants, shopping, entertainment, Marion County Courthouse, Riverfront Park and so much more!
- This is an excellent location for a large employee based business that is looking for something unique and trendy in Downtown Salem’s CB district!
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
447 State Street, Salem, OR 97301 Incredible opportunity to lease an iconic hip and modern tri-level space with old world historic charm in Downtown Salem in the Central Business district! $2.75/SF/Gross Lease with pass through increases on operating expenses. This 8050 SF space features 3 levels of office space with soaring ceiling heights on the main level with an expansive reception and lobby, 4 oversized private offices, a beautiful conference room with a brick accent wall plus an abundance of open work space that can be configured to meet your space needs! There are 5 private glass wall offices on the mezzanine that overlooks the lobby and open space below. Main level and mezzanine share common area restrooms. Heading down to the lower level, this hip and modern space includes 6 private offices, a grand conference room, supersized IT room, large breakroom and a modern and trendy lounge. Lower level also includes 2 private restrooms. Multiple access points throughout the levels that open up into popular restaurants such as Ritter’s and Archive Coffee & Bar. This is an excellent location for a large employee based business that is looking for something unique and trendy in Downtown Salem’s CB district! Within walking distance to so many incredible restaurants, shopping, entertainment, Marion County Courthouse, Riverfront Park and so much more!
- Rate includes utilities, building services and property expenses
- Fits 21 - 65 People
- 2 Conference Rooms
- Modern tri-level space with historic charm
- Large breakroom, modern kitchen & lounge
- Supersized IT room
- Fully Built-Out as Standard Office
- 15 Private Offices
- Space is in Excellent Condition
- 15 private offices, abundant open work space
- 2 conference rooms
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 8,050 SF | Negotiable | $41.04 CAD/SF/YR $3.42 CAD/SF/MO $330,372 CAD/YR $27,531 CAD/MO | Office | Full Build-Out | Now |
1st Floor
| Size |
| 8,050 SF |
| Term |
| Negotiable |
| Rental Rate |
| $41.04 CAD/SF/YR $3.42 CAD/SF/MO $330,372 CAD/YR $27,531 CAD/MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 8,050 SF |
| Term | Negotiable |
| Rental Rate | $41.04 CAD/SF/YR |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
447 State Street, Salem, OR 97301 Incredible opportunity to lease an iconic hip and modern tri-level space with old world historic charm in Downtown Salem in the Central Business district! $2.75/SF/Gross Lease with pass through increases on operating expenses. This 8050 SF space features 3 levels of office space with soaring ceiling heights on the main level with an expansive reception and lobby, 4 oversized private offices, a beautiful conference room with a brick accent wall plus an abundance of open work space that can be configured to meet your space needs! There are 5 private glass wall offices on the mezzanine that overlooks the lobby and open space below. Main level and mezzanine share common area restrooms. Heading down to the lower level, this hip and modern space includes 6 private offices, a grand conference room, supersized IT room, large breakroom and a modern and trendy lounge. Lower level also includes 2 private restrooms. Multiple access points throughout the levels that open up into popular restaurants such as Ritter’s and Archive Coffee & Bar. This is an excellent location for a large employee based business that is looking for something unique and trendy in Downtown Salem’s CB district! Within walking distance to so many incredible restaurants, shopping, entertainment, Marion County Courthouse, Riverfront Park and so much more!
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Fits 21 - 65 People
- 15 Private Offices
- 2 Conference Rooms
- Space is in Excellent Condition
- Modern tri-level space with historic charm
- 15 private offices, abundant open work space
- Large breakroom, modern kitchen & lounge
- 2 conference rooms
- Supersized IT room
ABOUT THE PROPERTY
447 State Street, Salem, OR 97301 Discover an exceptional leasing opportunity in the heart of Downtown Salem’s Central Business District—where timeless character meets urban edge. This iconic 8,050 SF tri-level space blends modern, fashion design with old-world historic charm, creating a truly unforgettable setting for your business to thrive. An entrance with soaring ceilings and natural light converge to create a breathtaking atmosphere. The main level welcomes you with an elegant modern reception and lobby, crowned by statement chandeliers that set the tone for sophistication. Four spacious private suites offer flexibility and privacy, while a stunning conference room elevates every meeting with its Versailles-inspired ceiling, gold-accented crystal chandelier, and a striking authentic brick accent wall. This remarkable property offers limitless potential to craft a space as dynamic and visionary as your ambition. Upstairs, the mezzanine offers five exclusive glass-walled suites that overlook the vibrant lobby below, creating a dynamic blend of privacy and openness. Both the main level and mezzanine share thoughtfully designed common areas, including a fully remodeled kitchen equipped with a full-size refrigerator, stove, dishwasher, and microwave. An extended event space provides room for gatherings and collaboration, while a finished storage room offers practical convenience. The upgraded, modern restrooms feature sleek touch-less amenities, high-efficiency hand dryers, and sleek barn doors that hide efficient showers, elevating comfort and functionality throughout the space. Descending to the expansive lower level, you’ll discover six private suites, a conference room, and a IT hub built for serious infrastructure. This level features the upgraded kitchen, contemporary breakroom and a modern, trend-forward lounge perfect for informal gatherings or creative thinking. Two private restrooms complete this well-appointed, professional environment. Multiple access points throughout the levels that open up into popular restaurants such as Ritter’s Homemade Foods and Archive Coffee & Bar, plus Ricky’s Bubbles, a space for your sweet tooth. This is an exceptional opportunity for businesses seeking a dynamic and distinctive presence in the heart of Downtown Salem’s Central Business District! This prime location is perfect for a company looking to thrive in a vibrant, walkable environment. Surrounded by top-tier restaurants, eclectic shopping, live entertainment, the Marion County Courthouse, Riverfront Park, and more—this is where work meets lifestyle. Multiple access points throughout the levels that open up into popular restaurants such as Ritter’s and Archive Coffee & Bar. This is an excellent location for a large employee based business that is looking for something unique and trendy in Downtown Salem’s CB district! Within walking distance to so many incredible restaurants, shopping, entertainment, Marion County Courthouse, Riverfront Park and so much more! Space will be available December 2024. Please Do Not Disturb the Tenants.
PROPERTY FACTS
| Total Space Available | 8,050 SF | Apartment Style | Low-Rise |
| No. Units | 9 | Building Size | 41,649 SF |
| Property Type | Multifamily | Year Built/Renovated | 1916/2025 |
| Property Subtype | Apartment |
| Total Space Available | 8,050 SF |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 41,649 SF |
| Year Built/Renovated | 1916/2025 |
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447 STATE ST - Former DPW | 447 State St
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