- For Lease $450.00 - $7,950.00/MO
- Property Type Office - General Office
- Property Size 46,206 SF
- Lot Size 0.24 Acre
- Parking Spaces Avail. 199
- Parking Ratio 4.32 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1927
- Date Updated May 4, 2026
Description
Capitol Center is a 46,206-square-foot Class B office building situated on a 0.24-acre lot at 388 State Street. Originally built in 1927, the property offers the convenience of 199 parking spaces with a parking ratio of 4.32 spaces per 1,000 square feet. Designed to accommodate a range of office uses, this general office building provides a practical setup for tenants seeking a centrally located workspace in Salem.
Set in the heart of Central Salem, Capitol Center benefits from proximity to a variety of nearby amenities. Dining options are abundant, with Wild Pear, Ritter's, and Precious Pizza all within approximately 0.1 miles. The Grand Hotel and Holman Riverfront Park Hotel are just steps away, offering convenient accommodations for visiting clients or employees. Nearby public parking facilities, including Liberty Square Parkade and Chemeketa Parkade, are within walking distance. The property's central location also ensures access to transportation hubs, shopping, and educational institutions, making it an advantageous choice for businesses.
True
8 Spaces Available
#350
Office
$2,164.00/MO
845 SF
3
845 - 845 SF
Jun 1, 2026
Full Service
Yes
No
Nice, larger single office space with storage closet. Suitable for
small professional office group.
#470
General Office
$1,115.00/MO
530 SF
4
530 - 530 SF
Jun 1, 2026
Full Service
Yes
No
Nice larger, three-suite office space. Suitable for professional
office group
#704
General Office
$480.00/MO
163 SF
7
163 - 163 SF
Jun 1, 2026
Full Service
Yes
No
Solopreneur office suitable for professional office user.
#706
Office
$450.00/MO
163 SF
7
163 - 163 SF
Immediate
Full Service
Yes
No
Solopreneur office suitable for professional office user
#810
Office
$560.00/MO
252 SF
8
252 - 496 SF
Immediate
Full Service
Yes
No
Nice, larger single office space with. Suitable for 1-2 people. Can be
combined with suite 820 to make a double office suite.
Contacts
First Commercial Real Estate
First Commercial Real Estate