Franklin Building

495 State Street, Salem, OR 97301

Property Information

  • For Lease $5,000.00/MO
  • Property Type Office - General Office
  • Property Size 28,665 SF
  • Lot Size 0.38 Acre
  • Parking Spaces Avail. 37
  • Parking Ratio 1.31 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1912
  • Date Updated Apr 30, 2026

Description

The Franklin Building at 495 State Street in Central Salem totals 28,665 square feet and occupies a 0.38-acre lot. Constructed in 1912, this Class B office property offers a parking ratio of 1.31, with 37 spaces available to tenants and visitors. Its central location provides convenient access to nearby amenities, making it a practical choice for businesses seeking a workspace in the heart of Salem.

The surrounding area is bustling with dining, lodging, and transportation options. Restaurants such as Epilogue Kitchen, Damascus Kitchen, and Fork Forty are within 0.1 miles, offering convenient food choices within walking distance. Hotels like the Grand Hotel and Holman Riverfront Park Hotel are also less than 0.2 miles away, ideal for accommodating visitors or clients. The Liberty Square Parkade and other parking facilities are all located within 0.5 miles, ensuring ample parking options nearby. Additionally, Willamette University is less than 0.7 miles away, enriching the area with academic and professional resources.

1 Space Available

495 State Street 6th Floor

Space Type

General Office

Lease Rate

$5,000.00/MO

Total Space

5,077 SF

Floor

6

Divisible Space

5,077 - 5,077 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

This gorgeous sixth Àoor is awaiting a visionary to activate this beautiful space. Space has a couple of perimeter of¿ces and is open in the center.

Contacts

Jennifer Martin

First Commercial Real Estate

Ruth Dana

First Commercial Real Estate

Location

Located at 495 State Street, Salem, OR 97301, this property is part of the Central Salem neighborhood and Eugene market.

Contact Franklin Building
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