The Oregon Building

For Lease

494 State Street, Salem, OR 97301

The total number of office spaces available at The Oregon Building is 8. Leasing opportunities in the building include shared space. There is a total of 9,511 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 403 square feet.

Space Available For Lease 8

Contacts

broker
Madyson Jones

SPERRY - Pikes Northwest

Property Details

  • 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.
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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)

Getting around

  • 90/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Reed Opera House

    0.12 miles

  • Pringle Park Plaza

    0.20 miles

  • Salem Center (South)

    0.22 miles

  • Ross

    0.28 miles

  • Salem Center (North)

    0.29 miles

  • Macy's

    0.30 miles

  • Kohl's

    0.32 miles

  • Safeway

    0.65 miles

  • Grocery Outlet

    0.69 miles

  • Roth's

    0.98 miles

494 State Street Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 494 State Street has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Central Salem neighborhood of Salem and located within zip code 97301.

    494 State Street was originally completed in 1912 and is rated class B. The building includes 43,280 square feet, of which 9,511 square feet is rentable office space. The most recent renovation completed at this address was in 2022.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Madyson Jones

SPERRY - Pikes Northwest

  1. 1Main information
  2. 2Extra information
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