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925-935 Commercial St SE 27,748 SF 70% Leased Office Building Salem, OR 97302 $6,100,000 ($219.84/SF)



Investment Highlights
- Three-story multi-tenant office building
- Ample parking on 1.15 acre site
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Security System
- Signage
- Skylights
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
LHC Group began in 1994 as a single home health agency in Louisiana with a community service mission. The company now offers in-home healthcare services including skilled nursing and therapy. Their hospice segment provides end-of-life care and bereavement support. LHC Group also offers community-based assistance with daily activities and transportation. They partner with hospitals to manage patient transitions from acute to post-acute care settings.
Healing Hands Clinic of Natural Therapies is a clinic where all of the elements of alternative medicine have come together for a common purpose. We recognize and understand the tremendous value alternative medicine has to offer. By having practitioners working together in the same clinic, we have a better understanding of what other practitioners are able to treat and how they treat each condition. This allows us to make much more accurate referrals and understand what each patient needs.
- Heppner Chiropractic
- Health Care and Social Assistance
- -
- -
- -
- -
- Interpath Lab
- -
- -
- $22.80
- Full Service
- Sep 2026
-
- Real Estate
- -
- -
- Triple Net
- -
Dedicated to providing our clients with excellent legal and customer service, Litowich Law believes that giving good service to others means being integral, kind, and diligent in all that they do. They respect their clients and themselves and value self care. The practice lives in the cloud so that employees can live and practice at home, in the office, or on a beach. Living and practicing this way gives Litowich Law the energy and motivation needed to give clients the attention and focus they deserve.
My Hearing Centers was started by entrepreneurs in Sandy, Utah in 2010 with the goal of bringing a fresh approach to hearing education and hearing care. Since then, My Hearing Centers has grown to over 100 offices in several states and continues to grow faster than any practice in the Western United States. They hope their growth is a sign that they are doing things right! My Hearing Centers is comprised of seasoned industry professionals. Despite their growth, they recognize that they must maintain the local touch in each of their offices. Their local care givers are dedicated, career hearing care providers who care deeply about the changes they bring to their patients.
Northwest Renal Clinic (NWRC) is Oregon’s leading nephrology practice, dedicated to providing exceptional care for patients with kidney disease across multiple communities in the greater Northwest region. With a network of offices, outreach clinics, and hospital partnerships, NWRC offers comprehensive diagnostic, therapeutic, and preventive services tailored to each patient’s needs. Their physicians manage dialysis treatments and provide expert consultation for chronic kidney disease, hypertension, transplantation, and vascular access. The clinic also emphasizes patient education as a vital part of long-term kidney health. Supported by a skilled team of physicians, nurse practitioners, physician assistants, and staff, NWRC is committed to delivering compassionate, expert care and looks forward to being a trusted part of every patient’s healthcare journey.
For over 25 years, the mission of The Stoller Group and Express Employment Professionals has been to help people find jobs and help businesses find the people and human resource services they need. They accomplish this mission through a network of nearly 600 employment agencies in the United States, Canada, South Africa, and Australia. Each Express office is locally owned and operated and backed by the expertise and support of an international headquarters. Simply put, Express is large enough to meet your needs, yet small enough to care.
USA Today Co. is a publicly traded media company operating national and local news, digital publishing, and marketing services businesses. The company was founded in 1906 by Frank Gannett and operated for more than a century as Gannett Company before rebranding as USA Today Co. in November 2025. The company is listed on the New York Stock Exchange under the ticker symbol TDAY. USA Today Co. owns and operates the USA TODAY Network, which includes the national newspaper USA Today and hundreds of local newspapers and digital media outlets across the United States. Its portfolio also includes Newsquest, a United Kingdom-based publisher, LocaliQ, a digital marketing solutions platform, and USA TODAY Network Ventures, which manages events and experiential marketing initiatives. The company delivers journalism, advertising, and digital services to consumers and businesses across multiple platforms. Its operations are supported by regional hubs and local offices, including an operating presence in Nashville, Tennessee, which supports news, sales, and business functions tied to its regional media properties.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Heppner Chiropractic | Health Care and Social Assistance | - | - | - | - | |
| Interpath Lab | - | - | $22.80 | Full Service | Sep 2026 | |
|
Real Estate | - | - | Triple Net | - | |
|
Professional, Scientific, and Technical Services | - | - | Full Service | Jun 2020 | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Health Care and Social Assistance | - | $24.34 | Full Service | - | |
|
Administrative and Support Services | - | - | - | - | |
|
Information | - | - | Full Service | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite includes second floor entrance, two private offices and shared kitchenette space.
Suite includes second floor entrance, one private office and open work space with sink.
- 3rd Fl-Ste 310
- 2,714 SF
- Office/Medical
- -
- Now
Suite includes third story entrance, enclosed reception with lobby, kitchenette, private restrooms and numerous private offices/treatment rooms.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 230 | 592 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 240 | 1,445 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 310 | 2,714 SF | Office/Medical | - | Now |
| 3rd Fl-Ste 320 | 3,470 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 230
| Size |
| 592 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 240
| Size |
| 1,445 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 310
| Size |
| 2,714 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 320
| Size |
| 3,470 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 230
| Size | 592 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite includes second floor entrance, two private offices and shared kitchenette space.
2nd Fl-Ste 240
| Size | 1,445 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite includes second floor entrance, one private office and open work space with sink.
3rd Fl-Ste 320
| Size | 3,470 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite includes third story entrance, enclosed reception with lobby, kitchenette, private restrooms and numerous private offices/treatment rooms.
Property Taxes
| Parcel Number | 527629 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,757,380 |
