Vacant Class B Office

2965 Ryan Drive SE, Salem, OR 97301

Property Information

  • For Sale $3,099,000
  • Property Type Office - General Office
  • Property Size 14,235 SF
  • Lot Size 1.29 Acre
  • Building Class B
  • Year Built 1992
  • Date Updated Jul 21, 2026

Description

Across the street from thew Salem Airport, neighboring businesses include AAA, Salem Radiology, WVP Health Authority, and the State of Oregon. 1-2 minutes to Interstate 5.Well known suburban office building available for sale. Close to the Salem Airport, I-5, and two miles to the Central Business District. This building has great curb appeal and tremendous parking. Open floor plan looks down from the second floor. Layout is a blend of private offices and open work area with a large break area with outside second floor patio. A must see.

Highlights

  • Almost a 9% cap rate at $21/SF/NNN
  • Huge parking lot (more than 4:1000)
  • Priced well below replacement cost.

Contacts

Location

Located at 2965 Ryan Drive SE, Salem, OR 97301, this property is part of the Southeast Salem neighborhood and Eugene market.

  • 19/100 Car-Dependent
  • 34/100 Some Transit
  • 75/100 Very Bikeable
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