For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

145 Liberty St NE Salem, OR 97301

Loading data...
Loading data...
Loading data...
For Sale
$4,200,000

Restored 1894 building with apartments and retail spaces.

Property size:
24,300 SF

Property Features for 145 Liberty St NE

General Information

Size
24,300 SF

Building Details

Year built
1894

Source: Jerry Jones Agent Jerry Jones

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Mixed-Use Bishop Building

The Bishop Building, constructed in 1894 and meticulously restored, is located at 145 Liberty St NE in downtown Salem. This mixed-use property offers over 24,000 sq ft of space. It features eight two-bedroom townhome-style apartments, each ranging from 1,500 to 1,800 sq ft. The apartments include designer finishes such as stainless steel appliances, granite countertops, exposed brick, gas fireplaces, walk-in closets, dual sinks, motorized shades, full-size washers/dryers, and A/C. Multiple commercial spaces are occupied by long-term retail tenants, providing a strong income stream. A vacant full basement offers additional potential. Current residential rents range from $2,000 to $2,250. The property is located steps from Riverfront City Park, Wilson Park, Willamette University, and various cafes, restaurants, and cultural attractions. The 24,300 SF building is zoned CB for retail use. Its location in the heart of downtown Salem, Oregon, places it near the State Capitol and Riverfront Park, close to government buildings, local shops, restaurants, and cultural attractions. The area is known for its historic charm and pedestrian-friendly streets. The property has high visibility on Liberty St and a flexible floor plan.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Massage Salem Oregon ... Massage Therapist

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.0388349
Latitude
44.940524

FAQs

What type of property is this?
Mixed-use property - Restored 1894 building with apartments and retail spaces.
Where is this mixed-use property located?
The property is located at 145 Liberty St NE Salem, OR.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: - Prime downtown Salem location with high visibility, close to parks, Willamette University, and cultural attractions.; - Substantial 24,000+ sq ft mixed-use building with retail and residential income streams.; - Eight renovated two-bedroom townhome-style apartments (1,500–1,800 sq ft) with modern, high-end finishes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message