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    153-195 High St SE Salem, OR 97301

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    For Lease
    $1.60 SF/Yr

    Newly renovated office spaces in Salem's Downtown Historical District.

    Property size:
    263 SF
    Lot size:
    0.57 Acres

    Property Features for 153-195 High St SE

    General Information

    Size
    263 SF
    Lot size
    0.57 Acres

    Source: Legacy Real Estate Group Agent Jared Hambrook

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

    Overview

    Renovated Office Space For Lease

    Multiple office spaces are available for lease in a newly renovated office building situated in the heart of the Downtown Historical District. The property is located across the street from the Elsinore Theater and one block from the Marion County Court House, Starbucks, and several restaurants. It is also located three miles East of I5. Current tenants include Salem Blue Printing, Fuji Rice Time, and Diamond Cuts, among others. Tenant improvements are available for some suites, while others have been freshly renovated. The property offers spaces of 263 square feet and is located in a well-maintained area.
    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
    -123.0373781
    Latitude
    44.9402927

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    FAQs

    What type of property is this?
    Office space - Newly renovated office spaces in Salem's Downtown Historical District.
    Where is this office space located?
    The property is located at 153-195 High St SE Salem, OR.
    What is the lease rate?
    The lease rate is $1.60 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of the Downtown Historical District.; - Newly renovated office building.; - Tenant improvements available for some suites; others are freshly renovated.
    (503) 930-2124
    Request Owner's contact information
    153-195 High St SE Salem, OR 97301
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    Salem, OR 97301
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    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
    153-195 High St SE Salem, OR 97301
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