- For Lease $26.40/SF/YR
- Property Type Office - General Office
- Property Size 23,202 SF
- Lot Size 0.85 Acre
- Zoning CB
- Year Built 1960
- Year Renovated 2019
- Date Updated Mar 21, 2025
475 Cottage Street Northeast is a 23,202-square-foot office building situated on a 0.85-acre lot in Central Salem. Originally built in 1960 and renovated in 2019, the property combines contemporary updates with practical functionality. Its location supports accessibility, with nearby parking facilities such as Marion Parkade approximately 0.2 miles away, providing added convenience for tenants and visitors.
The building is surrounded by a vibrant mix of amenities, making it an ideal location for businesses. Dining options within walking distance include Burrito Way, Happy BiBiM Bap House, and Sushi Ya Sushi, all less than 0.2 miles away. Willamette University is located just 0.7 miles from the property, while nearby hotels like the Grand Hotel and Holman Riverfront Park Hotel are approximately 0.5 miles away. Access to public transit is facilitated by Salem Station, which is under a mile from the property.
Reach out to the broker for more info on lease terms and amenities
True
Spaces Available
Space Available |
This main level professional office space located downtown on the corner of Cottage and Marion offers a beautiful, shared lobby at the entrance of the building. Great opportunity for a tenant to build out their ideal space with potential for a mix of executive offices, open work area, conference rooms, reception/waiting area, etc. Experience the benefits of being centrally located in the downtown business district with lots of on-street parking as well as a private parking lot for employees and clients. The asking lease rate doesn’t not consider amortization of any tenant-specific improvements over a market TI allowance. Any negotiated landlord incentives will be based on tenant’s credit quality and length of initial lease term. |
Contacts
Location
Getting Around
-
Walk Score ®
88/100
Very Walkable
-
Transit Score ®
61/100
Good Transit
-
Bike Score ®
89/100
Very Bikeable
- City Salem, OR
- Neighborhood Central Salem
- Zip Code 97301
- Market Eugene
Points of Interest
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Salem
0.76 miles
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Brooks Historical Society Depot
8.01 miles
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Hopmere Station
8.10 miles
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ChargePoint
0.15 miles
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Blink
0.23 miles
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76
0.81 miles
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Arco
0.81 miles
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Arco Gas Station
0.90 miles
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Circle K
0.96 miles
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Pacific Pride
0.97 miles
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Space Age
1.11 miles
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Shell
1.12 miles
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City of Salem Fuel Island
1.56 miles
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Green Lot - Dept of Admin Services
0.16 miles
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Marion Parkade
0.21 miles
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Chemeketa Parkade
0.33 miles
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Liberty Square Parkade
0.44 miles
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Reserved Lot A
0.48 miles
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Riverfront Park (North Lot)
0.48 miles
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Pringle Parkade
0.54 miles
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Permit Parking
0.56 miles
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Riverfront Park (South Lot)
0.57 miles
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Visitor Parking
0.58 miles
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Grand Hotel
0.48 miles
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Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton
0.49 miles
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Knights Inn
0.70 miles
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Howard Johnson by Wyndham Salem
1.51 miles
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Shilo Inn and Suites
1.91 miles
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Holiday Inn
1.95 miles
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Motel 6 Salem
1.96 miles
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Holiday Lodge Motel
2.02 miles
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DoubleTree
2.05 miles
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Motel 6
2.09 miles
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Burrito Way
0.12 miles
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Happy BiBiM Bap House
0.13 miles
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AKAI Ramen & Izakaya
0.16 miles
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Mint Leaf Indian Bistro
0.17 miles
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La Margarita Express
0.18 miles
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Auntie Anne's
0.19 miles
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Sushi Ya Sushi
0.21 miles
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Little Sicily Pizza
0.21 miles
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Marco's Place
0.22 miles
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Chinese Cafe
0.22 miles
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Saint Joseph Catholic School
0.12 miles
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Portland State University
0.20 miles
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Ink Theory Tattoo School
0.30 miles
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Johnny Matthew's Hairdressing Training School
0.31 miles
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Collins Legal Center
0.42 miles
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Parish Middle School
0.44 miles
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North Salem High School
0.45 miles
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Atkinson Graduate School of Management
0.48 miles
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St. John School for Early Learners
0.53 miles
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Bilingual Gateway School
0.58 miles
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Little Friends Montessori School
0.20 miles
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Little Village Learning Center
0.57 miles
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Wallace Learning Center
0.90 miles
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East Salem Headstart (pre-school)
3.01 miles
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Kuebler Early Learning Center
4.21 miles
Frequently Asked Questions
The price for office space here is $26.40/SF/YR.
In total, there is 5,266 square feet of office space for lease here. Availability at this location includes 1 Office space.
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