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Broadway Professional Building 2850-2860 Broadway St NE 106,601 SF 21% Leased Office Building Salem, OR 97303 $19,800,000 ($185.74/SF)

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INVESTMENT HIGHLIGHTS

  • Flexible leases in place
  • 286 Onsite parking spaces + Overflow Lots
  • High Visibility Location

EXECUTIVE SUMMARY

Owner-User opportunity to purchase the building and occupy all or a portion of the
available space. The current lease with the city runs through November 2026, allowing
for flexibility. Cafe Tenant is also on flexible terms if an owner-user wants to occupy that
space. The building is zoned MU3, allowing for a variety of uses.
Adjacent properties at 3130 and 3160 Broadway are not included in the sale but could
be negotiated into terms.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
106,601 SF
Building Class
B
Year Built/Renovated
1994/1996
Price
$19,800,000
Price Per SF
$185.74
Percent Leased
21%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
53,301 SF
Building FAR
0.39
Lot Size
6.29 AC
Zoning
MU-III - Mixed-Use III

AMENITIES

  • Bus Line
  • Security System
  • Signage
  • Skylights

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100 -B
  • 5,750 SF
  • Office
  • Full Build-Out
  • Now

Suite 100 - B (1st floor) - Approximately 5,750 SF built out for office with access to dock level door, could be configured to adjoin another suite, if desired . Call Brokers for details and pricing.

  • 1st Fl-Ste 2856 Broadway
  • 26,316 SF
  • Office
  • Full Build-Out
  • Now

2856 Broadway (1st Floor), is the former SAIF space and more recently FEMA. It is a prime location for a retail/office space, with a mostly open floor plan, a loading dock, and can include the outdoor fenced Rec Area for additional space. This suite is approx. 26,316 SF.

  • 1st Fl-Ste 2870
  • 8,854 SF
  • Office
  • Full Build-Out
  • Jan 2026

Beautiful office space featuring 15+/- offices with multiple conference rooms. The space was fully renovated for a newspaper publisher a few years back with modern finishes and a flexible floor plan.

  • 1st Fl-Ste Rec. Area
  • 3,826 SF
  • Office
  • Full Build-Out
  • Now

Can only be leased as a space added onto Suite 200 or Suite 400. Cannot be leased as a separate suite. Tenant to be responsible for verifying occupancy with City of Salem.

  • 2nd Fl-Ste 2850 Suite 200
  • 14,425-48,082 SF
  • Office
  • Partial Build-Out
  • Now

2850 Broadway (2nd floor) The entire second floor, was also the former SAIF/FEMA space, and perfect for a single occupant or can be demised down to fit multiple professional offices. The total approx SF is 48,082 SF. The Rec Area can be also added to this space.

Space Size Space Use Condition Available
1st Fl-Ste 100 -B 5,750 SF Office Full Build-Out Now
1st Fl-Ste 2856 Broadway 26,316 SF Office Full Build-Out Now
1st Fl-Ste 2870 8,854 SF Office Full Build-Out Jan 2026
1st Fl-Ste Rec. Area 3,826 SF Office Full Build-Out Now
2nd Fl-Ste 2850 Suite 200 14,425-48,082 SF Office Partial Build-Out Now

1st Fl-Ste 100 -B

Size
5,750 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 2856 Broadway

Size
26,316 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 2870

Size
8,854 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2026

1st Fl-Ste Rec. Area

Size
3,826 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 2850 Suite 200

Size
14,425-48,082 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 100 -B

Size 5,750 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 100 - B (1st floor) - Approximately 5,750 SF built out for office with access to dock level door, could be configured to adjoin another suite, if desired . Call Brokers for details and pricing.

1st Fl-Ste 2856 Broadway

Size 26,316 SF
Space Use Office
Condition Full Build-Out
Available Now

2856 Broadway (1st Floor), is the former SAIF space and more recently FEMA. It is a prime location for a retail/office space, with a mostly open floor plan, a loading dock, and can include the outdoor fenced Rec Area for additional space. This suite is approx. 26,316 SF.

1st Fl-Ste 2870

Size 8,854 SF
Space Use Office
Condition Full Build-Out
Available Jan 2026

Beautiful office space featuring 15+/- offices with multiple conference rooms. The space was fully renovated for a newspaper publisher a few years back with modern finishes and a flexible floor plan.

1st Fl-Ste Rec. Area

Size 3,826 SF
Space Use Office
Condition Full Build-Out
Available Now

Can only be leased as a space added onto Suite 200 or Suite 400. Cannot be leased as a separate suite. Tenant to be responsible for verifying occupancy with City of Salem.

2nd Fl-Ste 2850 Suite 200

Size 14,425-48,082 SF
Space Use Office
Condition Partial Build-Out
Available Now

2850 Broadway (2nd floor) The entire second floor, was also the former SAIF/FEMA space, and perfect for a single occupant or can be demised down to fit multiple professional offices. The total approx SF is 48,082 SF. The Rec Area can be also added to this space.

Bike Score®
Very Bikeable (77)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
526481
Land Assessment
$1,369,600
Improvements Assessment
$4,042,400
Total Assessment
$5,412,000
  • Listing ID: 38731893

  • Date on Market: 12/10/2025

  • Last Updated:

  • Address: 2850-2860 Broadway St NE, Salem, OR 97303

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