Capitol Tower 388 State St 140 - 8,930 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(7)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- 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
Monthly Rent $625/month Nice, larger single office space with storage closet. Suitable for 1-2 people. Available September 1, 2025.
- Rate includes utilities, building services and property expenses
- Space is in Excellent Condition
- Fully Built-Out as Standard Office
Monthly Rent $900/month Nice larger office space with 2 private offices. Suitable for a team of 3-4 people. Office has west facing windows and is nearest the skybridge to Liberty Parkade. Available April 1, 2025.
- Rate includes utilities, building services and property expenses
- 2 Private Offices
- Fully Built-Out as Standard Office
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
Monthly Rent $400/month Solopreneur office on dedicated counseling and mental health professional floor. Great waiting area for clients/visitors in the common hallway add to the ambiance of this floor. This office faces west with views out to Riverfront Park.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
Monthly Rent $425/month Solopreneur office on dedicated counseling and mental health professional floor. Great waiting area for clients/visitors in the common hallway add to the ambiance of this floor. This particular office is at the southwest corner of the building.
- Rate includes utilities, building services and property expenses
- Space is in Excellent Condition
- Fully Built-Out as Standard Office
Monthly Rent $700 & $2,150 Unique opportunity for turn-key office space with incredible views of downtown and Salem’s Riverfront. One private office remains on the perimeter of the space with expansive windows. Nice reception/waiting area, conference room, break room, and interior open workspaces.
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 1stFloor & Mezz | 3,044-6,983 SF | 5 Years | $23.78 CAD/SF/YR | Office | - | 30 Days |
| 3rd Floor, Ste Suite 340 | 313 SF | Negotiable | $33.26 CAD/SF/YR | Office | Full Build-Out | 2025-09-01 |
| 4th Floor, Ste Suite 475 | 425 SF | Negotiable | $35.42 CAD/SF/YR | Office | Full Build-Out | Now |
| 5th Floor, Ste Suite 520 | 265 SF | Negotiable | $36.09 CAD/SF/YR | Office | Full Build-Out | Now |
| 7th Floor, Ste Suite 702 | 140 SF | Negotiable | $47.56 CAD/SF/YR | Office | Full Build-Out | Now |
| 7th Floor, Ste Suite 710 | 183 SF | Negotiable | $38.58 CAD/SF/YR | Office | Full Build-Out | Now |
| 10th Floor | 261-621 SF | 5 Years | $44.57 CAD/SF/YR | Office | Full Build-Out | 30 Days |
1st Floor, Ste 1stFloor & Mezz
| Size |
| 3,044-6,983 SF |
| Term |
| 5 Years |
| Rental Rate |
| $23.78 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
3rd Floor, Ste Suite 340
| Size |
| 313 SF |
| Term |
| Negotiable |
| Rental Rate |
| $33.26 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 2025-09-01 |
4th Floor, Ste Suite 475
| Size |
| 425 SF |
| Term |
| Negotiable |
| Rental Rate |
| $35.42 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Floor, Ste Suite 520
| Size |
| 265 SF |
| Term |
| Negotiable |
| Rental Rate |
| $36.09 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Floor, Ste Suite 702
| Size |
| 140 SF |
| Term |
| Negotiable |
| Rental Rate |
| $47.56 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Floor, Ste Suite 710
| Size |
| 183 SF |
| Term |
| Negotiable |
| Rental Rate |
| $38.58 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
10th Floor
| Size |
| 261-621 SF |
| Term |
| 5 Years |
| Rental Rate |
| $44.57 CAD/SF/YR |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
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 Line
- Property Manager on Site
- Signage
- Air Conditioning
