Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    120 Liberty St NE Salem, OR 97301

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2 SF/Yr ($1,978 /Mo)

    Trendy, multi-level office space in downtown Salem available December 2024.

    Property size:
    8,050 SF
    Lot size:
    0.16 Acres

    Property Features for 120 Liberty St NE

    General Information

    Size
    8,050 SF
    Lot size
    0.16 Acres

    Source: SMI Real Estate Agent Elesa Doll

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

    Overview

    Downtown Salem Office Space

    This 8050 square foot office space features three levels with soaring ceiling heights on the main level, including an expansive reception and lobby area. The main level offers four oversized private offices, a conference room with a brick accent wall, and open workspace that can be configured to meet specific needs. The mezzanine level includes five private glass-walled offices overlooking the lobby and open space below. Common area restrooms are shared between the main level and mezzanine. The lower level provides six private offices, a grand conference room, a supersized IT room, a large breakroom, and a modern lounge, along with two private restrooms. Multiple access points connect to restaurants such as Ritter’s and Archive Coffee & Bar. Located in downtown Salem's central business district, this space is suitable for a large employee-based business seeking a unique and trendy environment. The location is within walking distance of restaurants, shopping, entertainment, the Marion County Courthouse, and Riverfront Park. The space will be available in December 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Auto Repair Shop 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
    -123.0383236
    Latitude
    44.9402931

    Nearby Similar for Lease

    • $24 SF/Yr
      6,118 SF

      Sophisticated Office Space in Salem

      Premier office space in Salem's business and government hub.
      1241 State St, Salem, OR 97301
      View Details
    • $24 SF/Yr
      250 SF

      Move-in Ready Salem Office Space

      Two Class B office buildings near Willamette University.
      1215 State St, Salem, OR 97301
      View Details
    • $2 SF/Yr
      105,457 SF

      Retail Suite in Anchored Center

      Turnkey retail suite with high visibility and traffic.
      1140 Wallace Rd NW, Salem, OR 97304
      View Details
    • $1.25 SF/Yr
      82,422 SF

      Downtown Salem Office Space Available

      Remodeled office space in downtown Salem near Capitol Mall.
      280 Church St NE, Salem, OR 97301
      View Details
    • $2 SF/Yr
      28,362 SF

      Premier Office Campus in Salem

      High-quality office space with amenities and convenient location.
      650-680 Hawthorne Ave SE, Salem, OR 97301
      View Details
    • $725,000
      1,185 SF

      Charming Historic Office Cottage in Salem

      Beautifully appointed, centrally located office space with parking.
      1415 Commercial St SE, Salem, OR 97302
      View Details

    FAQs

    What type of property is this?
    Office space - Trendy, multi-level office space in downtown Salem available December 2024.
    Where is this office space located?
    The property is located at 120 Liberty St NE Salem, OR.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - 8,050 SF of office space across 3 levels in Downtown Salem's CB district.; - Multiple access points to popular restaurants (Ritter’s and Archive Coffee & Bar).; - Features a mix of 15 private offices, conference rooms, open workspace, breakroom, and lounge.
    (503) 884-1273
    Request Owner's contact information
    120 Liberty St NE Salem, OR 97301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Liberty St NE
    Salem, OR 97301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Liberty St NE Salem, OR 97301
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.