Franklin Building

495 State Street, Salem, OR 97301

  • For Lease $5,000.00/MO
  • Property Type Office - General Office
  • Property Size 28,665 SF
  • Lot Size 0.38 Acre
  • Parking Spaces Avail. 37
  • Parking Ratio 1.31 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1912
  • Date Updated Mar 21, 2025

The Franklin Building is a 28,665-square-foot office property on a 0.38-acre lot, featuring 37 parking spaces with a parking ratio of 1.31 spaces per 1,000 square feet. Built in 1912, this Class C office building offers a central location with functional amenities, making it a practical choice for businesses seeking space in the heart of Salem.

Set in Central Salem, the property benefits from excellent walkability and a vibrant surrounding area. Dining options like Epilogue Kitchen, Paradiso at The Grand Theatre, and Bigwig Donuts are within a block, while The Grand Hotel and the Holman Riverfront Park Hotel are steps away for out-of-town visitors. Liberty Square Parkade is conveniently located about 0.1 miles away, while cultural and educational landmarks, such as Willamette University and Portland State University's satellite campus, are close by. Access to public transportation is facilitated by the Salem Station, approximately 0.7 miles away.

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Spaces Available

Contacts

broker
Jennifer Martin Is this you?

First Commercial Real Estate

broker
Ruth Dana Is this you?

First Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    90/100 Very Walkable

  • Transit Score ®

    61/100 Good Transit

  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    0.69 miles

  • Brooks Historical Society Depot

    8.29 miles

  • Hopmere Station

    8.38 miles

  • Blink

    0.11 miles

  • ChargePoint

    0.43 miles

  • Arco Gas Station

    0.58 miles

  • Circle K

    0.83 miles

  • Pacific Pride

    0.84 miles

  • Arco

    0.91 miles

  • Shell

    0.99 miles

  • Space Age

    1.03 miles

  • 76

    1.13 miles

  • Chevron

    1.50 miles

  • Liberty Square Parkade

    0.12 miles

  • Chemeketa Parkade

    0.20 miles

  • Pringle Parkade

    0.23 miles

  • Riverfront Park (South Lot)

    0.28 miles

  • Reserved Lot A

    0.29 miles

  • Riverfront Park (North Lot)

    0.33 miles

  • Marion Parkade

    0.35 miles

  • Permit Parking

    0.36 miles

  • Visitor Parking

    0.43 miles

  • B Lot

    0.45 miles

  • Grand Hotel

    0.16 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    0.20 miles

  • Knights Inn

    0.81 miles

  • Howard Johnson by Wyndham Salem

    1.50 miles

  • Shilo Inn and Suites

    2.21 miles

  • Motel 6 Salem

    2.25 miles

  • Holiday Inn

    2.25 miles

  • Holiday Lodge Motel

    2.31 miles

  • DoubleTree

    2.34 miles

  • Mill Creek Inn

    2.36 miles

  • Epilogue Kitchen

    0.04 miles

  • The Easy Otter

    0.05 miles

  • Damascus Kitchen

    0.05 miles

  • Chubby Bao House

    0.05 miles

  • Paradiso At The Grand Theatre

    0.05 miles

  • La Lucciola

    0.05 miles

  • Fork Forty

    0.05 miles

  • Palomino's

    0.06 miles

  • Rex

    0.06 miles

  • Ritter's

    0.06 miles

  • Ink Theory Tattoo School

    0.11 miles

  • Johnny Matthew's Hairdressing Training School

    0.14 miles

  • Portland State University

    0.16 miles

  • Collins Legal Center

    0.28 miles

  • Saint Joseph Catholic School

    0.30 miles

  • Atkinson Graduate School of Management

    0.31 miles

  • Willamette University

    0.61 miles

  • Bilingual Gateway School

    0.63 miles

  • St. John School for Early Learners

    0.64 miles

  • North Salem High School

    0.73 miles

  • Little Friends Montessori School

    0.25 miles

  • Little Village Learning Center

    0.26 miles

  • Wallace Learning Center

    0.80 miles

  • East Salem Headstart (pre-school)

    3.30 miles

  • Kuebler Early Learning Center

    4.00 miles

Frequently Asked Questions

What is the price for renting office space at Franklin Building?

The price for office space here is $5,000.00/MO.

What type of office space is available to lease at Franklin Building?

The property includes 1 Office space. Availabilities total 5,077 square feet of office space. The property offers Multi-Tenant commercial space.

Does Franklin Building have parking?
Yes, the property offers 37 parking spaces with a parking ratio of 1.31 / 1,000 SF.
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