$7,600,000 SALE
Office Bldg
62,916 SF
5121 Skyline Village Loop S
Salem, OR 97306 First Pacific Corporation Building



Coldwell Banker Commercial offers the The First Pacific Corporation Building for sale/lease as excellent owner/user and investment opportunity! This exceptional four-story Class-A office building, built in 2002, is 62,916 SF with 41,275 of rentable square footage (RSF), plus a 14,218 SF parking garage. The building was built by Dalke Construction with a concrete foundation, masonry siding and steel construction. There are three private terraces, tinted windows, and conference rooms on the 3rd and 4th floors with beautiful natural lighting. Additionally, the building has three elevators, two loading docks with 9ft roll doors, a cafeteria and a fitness center. This property has all the modern features to attract present and future tenants. The First Pacific Building was recently rezoned to MU-III (Mixed-Use 3) under the Our Salem plan. The building would be best used for Medical or Corporate Office Spaces; however, the new mixed-use zoning provides more retail and potential living opportunities. Tenant/Buyer to be responsible for verifying occupancy with City of Salem. LEASE INFO: The First Pac Building has numerous spaces on the 1st floor for lease, ranging from shell storage space, to fully built-out office suites. The suites range in price from $1.00-$1.90/SF/MO (FS). Each suite has shared access to the Parking Garage, the Fitness Center, The Dock Doors and the Cafeteria/Outdoor Deck. The building is elevator served and ADA accessible. Suite 101 is a rectangle warm-shell storage space. It is approximately 2,000 SF with concrete floors and a ceiling clear height of 12.2ft. Suite 102 is a built out rectangle office/storage space. It is approximately 1,176 SF with laminate flooring. Suite 103 is the former Site Services Now! office space. This space is approximately 2,492 SF and has been redesigned to an open concept. It has laminate flooring, 9ft ceilings, lots of windows for natural lighting and connects to a dock door on the east side. Suite 105 is the former ACME Cafe turned into office space for Mentor Oregon. This built-out space is approximately 2,625 SF and has seven (7) private offices, 2 larger conference rooms and a kitchenette. There is additional storage space (the former kitchen space of ACME Cafe. This suite has building access via an outside door or an inner building door.


Property Type Office Bldg
Year Built 2002
Level Number 4
Zoning MU-3
Listing ID VZ4PC2
MLS ID 804474
Style Office Bldg -General
Building Size 62,916 SF
Lot Size 2.23 AC

Property Highlights

Secure Underground Parking (30 Spaces) Accessible via Elevator + Ample On-Site Surface Level Parking (136 above ground spaces)

Common Space Amenities Shared by all Tenants Include: a Gym w/ Shower Facilities, a Shared Kitchen/Break Room/Exterior Patio/Deck and Dock Doors.

Beautiful Class A Office Building

Convenient Access to Interstate-5 and Downtown Salem with Exceptional Visibility

Adjacent to Kaiser Permanente Medical Offices

3 Elevators

Area Description

Area Description: The First Pacific Corporate Building is located in the South Salem Medical Campus of Salem,Oregon, just off Keubler Blvd and Skyline Rd. The building neighbors other prominent businesses and medical offices such as, Keizer Permanente, The Doctor's Clinic Building, the Praxis Health Building, the GHR Law Firm and the Country Financial Building. This property is less than 4 miles to Interstate-5 (North & South) and just 10 minutes South of Salem's Central Business District, the Oregon State Capital building and Willamette University. The property's primary access is from Skyline Road. Along with Interstate-5, the major north-south arterials are Liberty Road S and Commercial Street SE. The major east-west arterials are Kuebler Boulevard and Mission Street SE/Highway 22.

Property Features
Parking Places: 166
Docks: 2
Water: City Water
Age: 21-30 Years Old
Lot Size: 2-5 Acres
Sewer: City
Additional Media