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Capitol Tower 388 State St
167 - 12,878 SF of Office Space Available in Salem, OR 97301
Highlights
- Salem’s tallest building
- Janitorial included
- Suites ready for tenants now
- Conference and break room amenities
all available spaces(6)
Display Rent as
- Space
- Size
- Term
- Rent
- Space Use
- Condition
- Available
Gorgeous historic first floor/mezzanine is turnkey for professional office use. Landlord is willing to provide the mezzanine level free of charge for qualified lease terms. Landlord will also consider conversion to restaurant or retail. Landlord willing to provide significant free rent incentive for initial lease terms at five years or more. Current buildout has great mix of open space, private offices, and creative work space. Numerous restrooms throughout and an upstairs breakroom make this a well-rounded space.
- Rate includes utilities, building services and property expenses
- Space is in Excellent Condition
- Suites ready for tenants now
- Conference and break room amenities
- Office intensive layout
- Salem's tallest building
- Janitorial included
- On site parking for an additional fee
Nice, larger single office space with storage closet. Suitable for 1-2 people.
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Nice larger office space with 2 private offices. Suitable for a team of 3-4 people.
- Rate includes utilities, building services and property expenses
- 2 Private Offices
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Solopreneur office suitable for professional office user.
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Large, four suite office space. Suitable for team of 4-5 people. Available October 1, 2024.
- Rate includes utilities, building services and property expenses
- 2 Private Offices
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
Rents starting at $700/month. Unique opportunity for turn-key office space with incredible views of downtown and Salem’s Riverfront. Suite contains numerous private offices around the perimeter of the space with expansive windows. Nice reception/waiting area, conference room, break room, and interior open workspaces. Smaller suites can be leased separately. Contact agent for details.
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
- Office intensive layout
| Space | Size | Term | Rent | Space Use | Condition | Available |
| 1st Floor, Ste 1stFloor & Mezz | 3,044-6,983 SF | 5 Years | £13.56 /SF/PA £1.13 /SF/MO £145.92 /m²/PA £12.16 /m²/MO £94,666 /PA £7,889 /MO | Office | - | 30 Days |
| 5th Floor, Ste 520 | 265 SF | Negotiable | £20.57 /SF/PA £1.71 /SF/MO £221.43 /m²/PA £18.45 /m²/MO £5,452 /PA £454.30 /MO | Office | Full Build-Out | Now |
| 7th Floor, Ste 700 | 667 SF | Negotiable | £20.38 /SF/PA £1.70 /SF/MO £219.39 /m²/PA £18.28 /m²/MO £13,595 /PA £1,133 /MO | Office | Full Build-Out | Now |
| 7th Floor, Ste 701 | 248 SF | Negotiable | £21.05 /SF/PA £1.75 /SF/MO £226.54 /m²/PA £18.88 /m²/MO £5,219 /PA £434.95 /MO | Office | Full Build-Out | Now |
| 9th Floor, Ste 920-940 | 939 SF | 2-5 Years | £21.14 /SF/PA £1.76 /SF/MO £227.56 /m²/PA £18.96 /m²/MO £19,851 /PA £1,654 /MO | Office | Full Build-Out | Now |
| 10th Floor, Ste 10th Floor | 167-3,776 SF | 5 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Office | Full Build-Out | 30 Days |
1st Floor, Ste 1stFloor & Mezz
| Size |
| 3,044-6,983 SF |
| Term |
| 5 Years |
| Rent |
| £13.56 /SF/PA £1.13 /SF/MO £145.92 /m²/PA £12.16 /m²/MO £94,666 /PA £7,889 /MO |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
5th Floor, Ste 520
| Size |
| 265 SF |
| Term |
| Negotiable |
| Rent |
| £20.57 /SF/PA £1.71 /SF/MO £221.43 /m²/PA £18.45 /m²/MO £5,452 /PA £454.30 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Floor, Ste 700
| Size |
| 667 SF |
| Term |
| Negotiable |
| Rent |
| £20.38 /SF/PA £1.70 /SF/MO £219.39 /m²/PA £18.28 /m²/MO £13,595 /PA £1,133 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Floor, Ste 701
| Size |
| 248 SF |
| Term |
| Negotiable |
| Rent |
| £21.05 /SF/PA £1.75 /SF/MO £226.54 /m²/PA £18.88 /m²/MO £5,219 /PA £434.95 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
9th Floor, Ste 920-940
| Size |
| 939 SF |
| Term |
| 2-5 Years |
| Rent |
| £21.14 /SF/PA £1.76 /SF/MO £227.56 /m²/PA £18.96 /m²/MO £19,851 /PA £1,654 /MO |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
10th Floor, Ste 10th Floor
| Size |
| 167-3,776 SF |
| Term |
| 5 Years |
| Rent |
| Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor, Ste 1stFloor & Mezz
| Size | 3,044-6,983 SF |
| Term | 5 Years |
| Rent | £13.56 /SF/PA |
| Space Use | Office |
| Condition | - |
| Available | 30 Days |
Gorgeous historic first floor/mezzanine is turnkey for professional office use. Landlord is willing to provide the mezzanine level free of charge for qualified lease terms. Landlord will also consider conversion to restaurant or retail. Landlord willing to provide significant free rent incentive for initial lease terms at five years or more. Current buildout has great mix of open space, private offices, and creative work space. Numerous restrooms throughout and an upstairs breakroom make this a well-rounded space.
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Space is in Excellent Condition
- Salem's tallest building
- Suites ready for tenants now
- Janitorial included
- Conference and break room amenities
- On site parking for an additional fee
5th Floor, Ste 520
| Size | 265 SF |
| Term | Negotiable |
| Rent | £20.57 /SF/PA |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Nice, larger single office space with storage closet. Suitable for 1-2 people.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
- Space is in Excellent Condition
7th Floor, Ste 700
| Size | 667 SF |
| Term | Negotiable |
| Rent | £20.38 /SF/PA |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Nice larger office space with 2 private offices. Suitable for a team of 3-4 people.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 2 Private Offices
- Space is in Excellent Condition
7th Floor, Ste 701
| Size | 248 SF |
| Term | Negotiable |
| Rent | £21.05 /SF/PA |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Solopreneur office suitable for professional office user.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
9th Floor, Ste 920-940
| Size | 939 SF |
| Term | 2-5 Years |
| Rent | £21.14 /SF/PA |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Large, four suite office space. Suitable for team of 4-5 people. Available October 1, 2024.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 2 Private Offices
- Space is in Excellent Condition
10th Floor, Ste 10th Floor
| Size | 167-3,776 SF |
| Term | 5 Years |
| Rent | Upon Application |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Rents starting at $700/month. Unique opportunity for turn-key office space with incredible views of downtown and Salem’s Riverfront. Suite contains numerous private offices around the perimeter of the space with expansive windows. Nice reception/waiting area, conference room, break room, and interior open workspaces. Smaller suites can be leased separately. Contact agent for details.
- Fully Built-Out as Standard Office
- Office intensive layout
- Space is in Excellent Condition
Property Overview
Multiple options exist to locate your business in the Capitol Tower. Located at the corner of State and Liberty with direct skybridge access from Liberty Parkade, this iconic building has undergone significant capital improvements and upgrades. Landlord has created a shared conference room that tenants can use for two hours per month at no additional charge and can be booked for a reasonable hourly rate beyond that. Shared break room with vending machines and a mail station round out the common area amenities in this building. AMENITIES There is a common break room and conference room on the fourth floor for tenant use. The conference room is booked online first-come, first-served and each tenant receives two hours per month included with their lease rate. Additional hours can be booked for a fee. The Landlord provides coffee/tea service for conference room users. Additionally, there is a federal express and UPS mail station on the 2nd floor. Finally, there is direct access from the building to Liberty Parkade, which is city-owned and operated. Employees can park there with a permit and walk directly into the building.
- 24 Hour Access
- Banking
- Bus Route
- Property Manager on Site
- Signage
- Air Conditioning
PROPERTY FACTS
-
Ruth Dana -
Jennifer Martin -
First Commercial Real Estate
Presented by
Capitol Tower | 388 State St
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