First Commercial Real Estate

JUST LISTED

PROPERTY OVERVIEW:
Formerly Night Deposit, this ≈5,000 SF turnkey restaurant and bar space is ideally positioned along Commercial Street in the heart of downtown Salem, offering strong visibility, consistent daily traffic, and active pedestrian flow. The space includes approximately ≈900 SF of basement storage and features existing restaurant infrastructure—including a commercial hood—two points of egress, a crawl space for plumbing flexibility, and a drop ceiling for efficient utility access, creating a rare opportunity to activate a built-out space in one of downtown’s most dynamic corridors.

LEASE RATE: $18/SF/YR
SPACE AVAILABLE: 2,000 - 5,000 SF
ZONING: CBD

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FEATURED LISTING

MAIN BUILDING OVERVIEW
This Class A office building is demised into two professional office suites, each including multiple private offices, reception areas, and open work rooms. Suite 100 also includes an executive boardroom, and Suite 150 includes a private executive restroom. One of the private offices in each suite includes a gas fireplace. A 615 SF shared common area is located between the two suites, and includes a break room, two ADA restrooms and a mechanical/electrical room. The office is of wood-framed construction and has a decorative brick veneer on the exterior walls. The roof is gabled with a standing seam metal covering. The tenant suites are accessible via separate entrances located along the west elevation of the building. The entrances include double pedestrian doors that are glass encased in metal. The building was built by Dalke Construction and designed by AC&Co Architecture.

ADU OVERVIEW
Home-to-Office conversion building serving as an accessory dwelling unit. Last utilized as an Airbnb and formerly an office space. Contains 2 bedrooms and 1.5 bathrooms and a full kitchen. A small laundry room also is accessible from the main hallway. There is also a central open living/work area with a large natural wood burning fireplace. Lots of storage space as well.

SECURE STORAGE OVERVIEW
Storage building used for file and equipment storage. Slab on grade and fully insulated with metal roof.

OFFICE BUILDING: 6,540 SF
ADU/OFFICE CONVERSION: 1,767 SF
SECURE STORAGE: 576 SF
LOT SIZE: 1.11 AC
ZONING: CO

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FEATURED CLOSING

First Commercial Real Estate is pleased to announce the successful closing of 1730 Commercial Street SE in Salem, Oregon. The transaction was brokered by Jennifer Martin, CCIM, and Conrad Venti, who represented and assisted the SEIU organization with the strategic disposition of this long-time headquarters following their relocation. The sale required a nuanced approach, recognizing both the need for a modern facelift and comprehensive systems renovation. We are proud to have guided SEIU through this transition and are excited for the new owner occupant to invest in improvements and establish this property as their home in the coming year.

COMMUNITY SPOTLIGHT