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305 Court St NE
4,098 SF of Retail Space Available in Salem, OR 97301
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 305 | 4,098 SF | 2-5 Years | $14.40 /SF/YR $1.20 /SF/MO $59,011 /YR $4,918 /MO | Triple Net (NNN) |
1st Floor, Ste 305
Wonderful opportunity to lease two levels of prime retail storefront at the high visibility intersection of Court St and Commercial St in Downtown Salem’s CB district! Winslow Boutique is relocating and this beautiful space with so much character and charm will be available JAN 2025. The space includes 2,240 SF of street level retail space with windows galore, soaring ceiling heights, 2 entrances and 2 restrooms. Head down the stairs to an additional 1,858 SF featuring 1 restroom, 2 dressing rooms and plenty of storage. Lots of charm on the lower level with barnwood beams, custom light fixtures and french doors! Zoning is CB. Co-Tenants include the popular Venti’s Cafe + Beer Vault, Roy John Designer Goldsmith, RJ Dance Studio and a great mix of professional tenants throughout the building! This location is within walking distance to so many great restaurants, shopping and major landmarks such as the Riverfront City Park, Willamette River and all of Downtown Salem. Free 3 hour street parking or look into the free Chemeketa parkade down the street.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 305 Court St NE , Salem, OR 97301
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Office | Cross Streets | commercial street NE |
| Gross Leasable Area | 17,625 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 17,625 SF |
| Year Built | 1940 |
| Cross Streets | commercial street NE |
About the Property
Wonderful opportunity to lease two levels of prime retail storefront at the high visibility intersection of Court St and Commercial St in Downtown Salem’s CB district! Winslow Boutique is relocating and this beautiful space with so much character and charm will be available JAN 2025. The space includes 2,240 SF of street level retail space with windows galore, soaring ceiling heights, 2 entrances and 2 restrooms. Head down the stairs to an additional 1,858 SF featuring 1 restroom, 2 dressing rooms and plenty of storage. Lots of charm on the lower level with barnwood beams, custom light fixtures and french doors! Zoning is CB. Co-Tenants include the popular Venti’s Cafe + Beer Vault, Roy John Designer Goldsmith, RJ Dance Studio and a great mix of professional tenants throughout the building! This location is within walking distance to so many great restaurants, shopping and major landmarks such as the Riverfront City Park, Willamette River and all of Downtown Salem. Free 3 hour street parking or look into the free Chemeketa parkade down the street.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
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305 Court St NE
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