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Property profile & analytics
OFF-MARKET
Office Spaces

Liberty St Salem, OR 97302

3,228 SF 0.26 ac lot
Property ID
Property summary
AI-generated overview

This beautifully renovated 3,228 square foot office building presents a unique opportunity in Salem's desirable Commercial/Liberty corridor. Originally constructed in 1908, this charming property has undergone significant improvements, ensuring modern functionality while retaining its historic character. A complete remodel in 2019 included a new roof, enhancing both aesthetics and energy efficiency. Further upgrades in 2024 encompassed the installation of new upstairs windows, improving natural light and insulation, and a new driveway entrance, enhancing accessibility and curb appeal. Situated on a 0.26-acre lot, the building offers ample space for a variety of professional uses. The property is ideally suited for businesses seeking a prestigious address and a blend of historic charm and contemporary amenities. Its prime location within the Commercial/Liberty corridor provides excellent visibility and convenient access to major thoroughfares, making it an attractive option for professionals such as lawyers, CPAs, engineers, or other office-based businesses. The well-maintained condition of the building reflects a commitment to quality and longevity, promising a rewarding investment for the discerning buyer. This is a rare opportunity to acquire a meticulously updated historic building in a highly sought-after location. The asking price for this exceptional property is $985,000.

Property profile
Verified
Property type Office Spaces
Total area 3,228 SF
Lot 0.26 ac (11,326 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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