First Commercial Real Estate

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First Commercial Real Estate First Commercial Real Estate is a full-service commercial real estate firm based in Salem, Oregon.

First Commercial Real Estate (FCRE), headquartered in Salem, Oregon, was founded in 2003 under the mission of an unwavering commitment to the service of clients in pursuit of their commercial real estate goals. FCRE embodies that mission, providing services in sales, leasing, tenant representation, site selection, investment analysis and land use consulting throughout Oregon. We work strategically and in a collaborative manner to amplify our clients respective professional resources – legal counsel, accountants, general contractors, architects, and bankers with the aim of achieving their commercial real estate goals. While the FCRE business philosophy is rooted in producing results – we embody a service to the communities in which we operate, as we believe that a thriving community enhances livability and connection for all. We are intentional by supporting non-profits through volunteerism via board work and special committees.

10/30/2026

Did you know Salem has always been destined to be a “place of peace”? 🕊️

Long before our city was named Salem, derived from the Hebrew word Shalom, meaning peace, completeness, and well-being, the native Kalapuya people called this land Chemeketa, which translates to the gathering place, the resting place,the place of peace.

In this video, we’re standing at one of the most fascinating intersections in Salem, Oregon, where the concept of Shalomand Chemeketa come to life. It’s a corner where church, state, and community quite literally intersect to build the well-being of our city. On one single corner, you’ll find the State Archives, the County Courthouse, local business, and the stunning First United Methodist Church.

Here is why this 1878 Gothic Revival building is such a historical treasure:

✨ Deep Roots: The congregation traces its origins all the way back to the founding of our city and the 1836 expeditions of Methodist missionary Jason Lee.
✨ A True Survivor: While Salem has suffered a bit of “teardown-itis” and devastating fires over the decades, this beautiful sanctuary still proudly stands.
✨ Built for the Willamette: Ever wonder why the main sanctuary is on the second floor? Downtown Salem used to flood so frequently that boats would literally row up to the church and drop people off right at the second-story doors! 🛶

Check out the video to walk this historic corner with us.
Let us know in the comments: did you know about the second-story boat drop-offs? 👇

Conrad Venti and Jennifer Martin recently closed the sale of 2425 25th Street SE, a 15,000 SF building on 1.25 acres at ...
10/27/2026

Conrad Venti and Jennifer Martin recently closed the sale of 2425 25th Street SE, a 15,000 SF building on 1.25 acres at the corner of 25th and McGilchrist. The buyer is a local family that will move two of their businesses into the building and share the space.

This sale is a great example of proactive brokerage. Conrad and Jennifer used their network and a creative marketing plan to get the property in front of every type of buyer who might benefit including owner-users ready to upgrade their space and investors looking for a well-located asset. The property sold for $2,200,000 and closed in September 2026.

At FCRE, we’re proud to help local businesses, lenders, and industry partners with their real estate needs. This deal shows what happens when people work together, think creatively, and stay focused on what the client is trying to achieve.

LISTED: A purpose-built shelter and service facility on Salem’s Front Street corridor.1901 Front St NE, Salem$1,550,0001...
10/23/2026

LISTED: A purpose-built shelter and service facility on Salem’s Front Street corridor.

1901 Front St NE, Salem
$1,550,000
15,885 SF · .27 acre · zoned IC
Commercial kitchen, dining hall, laundry and storage
Conditional Use Permit for shelter use up to 83 occupants

Want a tour or the brochure? Call 503-364-7400 or DM us.

LEASED: 1,205 SF at Edgewater Crossing in West Salem.1554-1594 Edgewater St NW, Salem1,205 SF suite · 3-year leaseTwo pr...
10/22/2026

LEASED: 1,205 SF at Edgewater Crossing in West Salem.

1554-1594 Edgewater St NW, Salem
1,205 SF suite · 3-year lease
Two private offices · one ADA restroom
Hwy 22 visibility · pylon signage

Congrats to Jennifer Martin, CCIM and Ruth Dana on representing the landlord.

Need space, or a tenant for yours? Call 503-364-7400 or DM us.

LISTED: Kells Village Townhomes, a gated 18-unit community in Eugene’s Whiteaker neighborhood.540 Polk St, Eugene$3,375,...
10/14/2026

LISTED: Kells Village Townhomes, a gated 18-unit community in Eugene’s Whiteaker neighborhood.

540 Polk St, Eugene
$3,375,000 · $187,500/unit · 6.22% cap rate
Eight 2-bed / 1-bath flats and ten 2-bed / 1.5-bath townhomes

100% occupied · .54 acre · 23 parking stalls · zoned R-3
Roofs replaced in 2024
Walkable to downtown, the Blair Blvd breweries and EmX transit

Congrats to Conrad Venti and Josh Kay on the listing.

Want the brochure or a tour? Call 503-364-7400 or DM us.

LISTED: The former Truitt Brothers Cannery. 13.66 riverfront acres on the Willamette River with land-use entitlements in...
10/12/2026

LISTED: The former Truitt Brothers Cannery. 13.66 riverfront acres on the Willamette River with land-use entitlements in place!

1105, 1375 & 0 Front St NE, Salem
$10,750,000 for the full assemblage and approved for up to 382 residential units, commercial space and public river access and nearly a quarter mile on the Willamette River · zoned MU-R
Available together or by parcel

Contact Josh Kay and Jordan Truitt for listing information!

Want the OM? Call 503-364-7400 or DM us.

*Listing broker is related to the owner of this property.

JUST LISTED: A remodeled South Salem office building, just off South Commercial St.  Perfect for your small business.Bui...
10/12/2026

JUST LISTED: A remodeled South Salem office building, just off South Commercial St.  Perfect for your small business.

Built 1948, remodeled 2018.  New HVAC, sewer line, flooring and lighting in 2026. Lower level with one-car garage and flex office/storage space

630 Mary Ave SE, Salem | 1,861 SF | .31 acre | zoned CO

$575,000

Congrats to Conrad Venti on the new listing.

Want a tour? Call 503-364-7400 or DM us.

A member of the ownership is a licensed real estate broker in the State of Oregon.

10/07/2026

Need room for your business to grow?

Located directly across from the Salem Fairgrounds, this 2.08-acre gravel yard offers approximately 91,000 SF of secured outdoor space in a central North Salem location.

• Fully fenced with barbed wire
• Electric gated entrance with semi-truck access
• $0.08/SF/month NNN
• Build-to-suit potential for qualified tenants

Contact FCRE to learn more or explore leasing opportunities!

SOLD: 9 townhomes in Monmouth501-529 Warren St S just closed at $2,200,000.9 units · 10,696 SF · .62 acresEight 4-bed / ...
10/01/2026

SOLD: 9 townhomes in Monmouth

501-529 Warren St S just closed at $2,200,000.

9 units · 10,696 SF · .62 acres
Eight 4-bed / 3-bath + one 1-bed / 1-bath
Near Western Oregon University
100% occupied · built in 2005

Congrats to Conrad Venti for representing the seller.

Thinking about selling your property or buying your next one?

Call 503-364-7400 or DM us.

Just Sold & Now Leasing: The Historic Ladd & Bush Building‼️We are proud to announce the sale of the historic Ladd & Bus...
09/25/2026

Just Sold & Now Leasing: The Historic Ladd & Bush Building‼️

We are proud to announce the sale of the historic Ladd & Bush Building at 302 State Street, Salem, OR 97301. We had the privilege of representing a local Salem investor in this acquisition.

Operating continuously as a bank since it was built in 1869, this architectural landmark is now taking on new life. As part of this exciting next chapter, the building is opening its doors to new community tenants for the first time in history. US Bank will retain a smaller footprint on the main floor, creating incredibly unique leasing opportunities that include a brand-new-to-market ground-floor space and the entire second level of premium, heritage-rich office suites.

Are you looking for ground-floor retail/office exposure or a private second-floor executive suite?

For full floor plans of available spaces or to schedule a tour, reach out to Conrad Venti and Ruth Dana at First Commercial Real Estate.

Address

365 State St
Salem, OR
97301

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+15033647400

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