FLEX - The 45th Parallel Building

2195 Hyacinth St NE, Salem, OR 97301

Property Information

  • For Lease $1.00 - $1.80/SF/MO
  • Property Type Industrial - Flex - Industrial
  • Property Size 72,489 SF
  • Lot Size 7 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2015
  • Date Updated Oct 23, 2026
  • Fire Sprinklers Other
  • HVAC None

Description

Located in the North Gateway Urban Growth Renewal District, between Portland Rd. and Salem Parkway with easy access to I-5 as well as the Salem-Keizer areas.Retail and Office Spaces Available Now! The 45th Parallel Building is part of a 7 Acre, 120,000 SF+ retail/creative office/incubator development located in the North Gateway . The 45th Parallel is in the Urban Renewal District and offers great traffic counts and easy access to the I-5 and Downtown Salem/Keizer. Each space in the building features skylights, glass roll-up doors, and 18’ ceilings. Onsite security guard and surveillance on site with new updated parking. Co-tenants include Xicha Brewing, Kofi Roasteria, Momiji, 503 Fades, Shabby Chic, Grazing Fields Charcuterie, Custom Cakes by Michelle, Candyland Cheesecakes, VueTastic Jerky, Wright Tree Clearing Services and many many others. Join the excitement at the 45th Parallel!

Highlights

  • 24x7x365 On-Site Security Guard & Surveillance
  • Available Spaces: 452-2,058 RSF
  • Includes Common Area Janitorial
  • Includes Secure Restrooms
  • NNN Estimate: $0.78/SF
  • Parking: 3/1,000
  • Possible Uses: Retail, Office, Flex
  • Pricing: $1.00-$1.80/SF/Month/NNN
  • Total Building SF: 72,489
  • Traffic Counts: 27,345

6 Spaces Available

102

Space Type

Restaurant

Lease Rate

$1.80/SF/MO

Total Space

1,356 SF

Divisible Space

1,356 - 1,356 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Prime Food-Use Opportunity at 45th Parallel A rare exterior-facing suite ideally positioned on the south side of the sought-after 45th Parallel building, offering excellent visibility, natural light, and prominent signage opportunities. Formerly home to a coffee shop, this 1,356 SF space is well suited for a specialty food concept, sandwich deli, or grab-and-go operation that does not require a commercial hood. The existing layout features a welcoming customer seating area, back of house kitchen with grease trap and sinks, and a separate private room ideal for office or storage use. Multiple private entrances, expansive windows, a glass roll-up door, and 18-foot ceilings create a distinctive space with character and flexibility. Access to outdoor deck seating adds another attractive option for customers to gather and enjoy their visit. Located within one of Salem’s most dynamic multi-tenant destinations, home to more than 75 businesses, this high-exposure suite offers a compelling opportunity to establish your food concept in an active commercial community with convenient access to I-5. Available Now | $1.80/SF/Month NNN. The NNN are estimated at $0.78/SF/Mo ($2,442 rent + $1,058 NNN). Don't miss this opportunity to bring your food concept to a distinctive, highly visible space at 45th Parallel.

141

Space Type

Street Retail

Lease Rate

$1.30/SF/MO

Total Space

1,383 SF

Divisible Space

1,383 - 1,383 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Don’t miss this rarely available, exterior-facing retail suite in the sought-after 45th Parallel Building — one of Salem’s most dynamic multi-tenant destinations with over 75 active businesses. This high-exposure suite offers incredible visibility with great natural light, an open floor plan suite with 18-foot ceilings that create an open and airy environment. Featuring a roll-up door, private exterior and interior access and prominent signage opportunities. This space is ideal for businesses seeking to stand out. With direct frontage and easy customer access, this suite offers the convenience and branding potential typically reserved for freestanding buildings — but within a thriving multi-tenant community. Very few suites in the 45th Parallel offer private entrances, making this an exceptionally rare and desirable opportunity. Highlights: Prime exterior location with unmatched exposure Windows and excellent natural light Soaring 18’ ceilings with roll-up door Private entrance and excellent signage potential Located in the 45th Parallel Building — home to 75+ tenants High-traffic area with strong synergy and customer draw This is the kind of space that doesn’t come available often — Customize your perfect square footage need for retail, showroom, or flex users looking to elevate their brand presence. Priced at $1.30/SF/Mo/NNN. The NNN are estimated at $0.78/SF/Mo ($1,798 rent + $1,079 NNN).

141/142

Space Type

Street Retail

Lease Rate

$1.15/SF/MO

Total Space

2,058 SF

Divisible Space

2,058 - 2,058 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Don’t miss this rarely available, exterior-facing retail suite in the sought-after 45th Parallel Building — one of Salem’s most dynamic multi-tenant destinations with over 75 active businesses. This high-exposure suite offers incredible visibility with great natural light, an open floor plan suite with 18-foot ceilings that create an open and airy environment. Featuring a roll-up door, private exterior and interior access and prominent signage opportunities. This space is ideal for businesses seeking to stand out. With direct frontage and easy customer access, this suite offers the convenience and branding potential typically reserved for freestanding buildings — but within a thriving multi-tenant community. Very few suites in the 45th Parallel offer private entrances, making this an exceptionally rare and desirable opportunity. Highlights: Prime exterior location with unmatched exposure Windows and excellent natural light Soaring 18’ ceilings with roll-up door Private entrance and excellent signage potential Located in the 45th Parallel Building — home to 75+ tenants High-traffic area with strong synergy and customer draw This is the kind of space that doesn’t come available often — Customize your perfect square footage need for retail, showroom, or flex users looking to elevate their brand presence. Priced at $1.15/SF/Mo/NNN. The NNN are estimated at $0.78/SF/Mo ($2,367 rent + $1,605 NNN).

142

Space Type

Flex - Industrial

Lease Rate

$1.00/SF/MO

Total Space

698 SF

Divisible Space

698 - 698 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Perfectly positioned just off the main corridor, this 698 SF inline suite offers exceptional visibility in one of Salem’s most active commercial properties — the 45th Parallel Building, home to more than 75 businesses. With a clean, efficient layout and strong foot traffic from surrounding tenants, this space is ideal for retail, food use, or professional office users looking for a high-profile location in a thriving business community. Featuring plumbing, tall ceilings and prominent frontage within the corridor, this suite is well-suited for salon, beauty, boutique retailers, service providers, or office users. This suite delivers excellent exposure and efficiency for businesses seeking a professional, well-located space with flexible size and strong community energy. Highlights: Plumbing Soaring 18’ ceilings with roll-up door Located in the 45th Parallel Building — home to 75+ tenants High-traffic area with strong synergy and customer draw Priced at $1.00/SF/Mo/NNN. The NNN are estimated at $0.78/SF/Mo ($698 rent + $545 NNN).

191

Space Type

Strip

Lease Rate

$1.20/SF/MO

Total Space

1,107 SF

Divisible Space

1,107 - 1,107 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Office or retail space located on the main corridor, ideal for office or service oriented businesses. Front open area and two private offices. 18' ceilings with skylights and a glass roll up door. Pricing includes NNN's estimated at $0.78/SF (rent $1,336 + $864 NNN).

Contacts

Location

Located at 2195 Hyacinth St NE, Salem, OR 97301, this property is part of the Northgate neighborhood and Eugene market.

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