Map of Property

The Oregon Building

494 State Street, Salem, OR 97301

  • For Lease $1.44 - $1.82/SF/MO
  • Property Type Office - General Office
  • Property Size 43,280 SF
  • Lot Size 0.28 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1912
  • Year Renovated 2022
  • Date Updated Jun 20, 2025
Located in the heart of Salem, Oregon, the area surrounding the property offers a blend of urban convenience and historic charm. Tenants will enjoy easy access to the Oregon State Capitol, Willamette University, Marion County Courthouse and the vibrant downtown district with its eclectic mix of restaurants, shops, and cultural attractions. Nearby Riverfront Park provides a serene escape for midday strolls, while numerous local coffee shops provide the perfect setting for casual meetings. With a rich tapestry of amenities and the tranquil setting of the Willamette Valley, the location offers a desirable backdrop for a thriving office community.Introducing 494 State Street, a commercial property available with multiple office suites for lease in Salem, OR. This well-maintained historic building offers a prime location for businesses seeking visibility and access. With versatile floor plans, this property provides an ideal canvas for creating an inviting workspace. Accessible parking and easy access to major roadways ensure convenience for both employees and clientele. With its contemporary design and strategic positioning, 494 State Street presents an unparalleled opportunity for businesses looking to establish a strong presence in the heart of Salem.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Elevator Served Building
  • Flexible Layouts
  • Historic Office Spaces
  • Prime Downtown Location
  • Private and Professional Environment
  • Rates are full-service less janitorial (with services available)

Spaces Available

Contacts

broker
Madyson Jones

SPERRY - Pikes Northwest

Location

Getting Around

  • Walk Score ®

    90/100 Very Walkable

  • Transit Score ®

    61/100 Good Transit

  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    0.67 miles

  • Brooks Historical Society Depot

    8.33 miles

  • Hopmere Station

    8.42 miles

  • Blink

    0.10 miles

  • ChargePoint

    0.45 miles

  • Arco Gas Station

    0.55 miles

  • Circle K

    0.84 miles

  • Pacific Pride

    0.85 miles

  • Arco

    0.92 miles

  • Shell

    0.97 miles

  • Space Age

    1.04 miles

  • 76

    1.16 miles

  • Chevron

    1.47 miles

  • Liberty Square Parkade

    0.10 miles

  • Pringle Parkade

    0.20 miles

  • Chemeketa Parkade

    0.22 miles

  • Reserved Lot A

    0.27 miles

  • Riverfront Park (South Lot)

    0.27 miles

  • Permit Parking

    0.34 miles

  • Riverfront Park (North Lot)

    0.34 miles

  • Marion Parkade

    0.38 miles

  • Visitor Parking

    0.41 miles

  • Salem Library Parkade

    0.42 miles

  • Grand Hotel

    0.13 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    0.18 miles

  • Knights Inn

    0.81 miles

  • Howard Johnson by Wyndham Salem

    1.49 miles

  • Shilo Inn and Suites

    2.23 miles

  • Motel 6 Salem

    2.27 miles

  • Holiday Inn

    2.28 miles

  • Holiday Lodge Motel

    2.33 miles

  • Mill Creek Inn

    2.35 miles

  • DoubleTree

    2.37 miles

  • Fuji Rice Time

    0.03 miles

  • Epilogue Kitchen

    0.03 miles

  • The Easy Otter

    0.03 miles

  • Chubby Bao House

    0.03 miles

  • La Lucciola

    0.03 miles

  • Fork Forty

    0.03 miles

  • Damascus Kitchen

    0.03 miles

  • Rex

    0.04 miles

  • DaVinci Ristorante

    0.05 miles

  • Ritter's

    0.06 miles

  • Ink Theory Tattoo School

    0.14 miles

  • Johnny Matthew's Hairdressing Training School

    0.17 miles

  • Portland State University

    0.20 miles

  • Collins Legal Center

    0.26 miles

  • Atkinson Graduate School of Management

    0.29 miles

  • Saint Joseph Catholic School

    0.32 miles

  • Willamette University

    0.60 miles

  • Bilingual Gateway School

    0.63 miles

  • St. John School for Early Learners

    0.64 miles

  • North Salem High School

    0.75 miles

  • Little Village Learning Center

    0.22 miles

  • Little Friends Montessori School

    0.27 miles

  • Wallace Learning Center

    0.81 miles

  • East Salem Headstart (pre-school)

    3.32 miles

  • Kuebler Early Learning Center

    3.97 miles

Frequently Asked Questions

What is the price for renting office space at The Oregon Building?

The average rate for office space here is $1.63/SF/MO, with rates starting at $1.44/SF/MO.

What type of office space is available to lease at The Oregon Building?

In total, there is 9,511 square feet of office space for lease here. Availability at this location includes 8 Office spaces. The property offers Multi-Tenant commercial space.

Is The Oregon Building suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 8 office spaces under 5,000 square feet available. Space sizes here start at 403 square feet.

Does The Oregon Building have parking?
Parking information for the property isn't currently listed. However, other nearby parking options include Liberty Square Parkade, located 0.1 miles away, and Pringle Parkade, which is 0.2 miles away.
Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Madyson Jones

SPERRY - Pikes Northwest

  1. 1Main information
  2. 2Extra information
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.