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    991 Liberty St SE Salem, OR 97302

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    For Sale
    $985,000

    Well-maintained 1908 house converted into office space.

    Property size:
    3,228 SF
    Lot size:
    0.26 Acres

    Property Features for 991 Liberty St SE

    General Information

    Size
    3,228 SF
    Lot size
    0.26 Acres

    Source: Mosar Commercial Properties Agent Mike Mosar

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

    Overview

    Charming Converted Office in Salem

    This charming 1908 house has been converted into an office space. Located on the highly sought-after Commercial/Liberty Corridor in Salem, Oregon, the property has been well maintained. Recent improvements include a substantial remodel in 2019, featuring a new roof. In 2024, new upstairs windows and a new driveway entrance were installed. The property is ideal for professionals such as lawyers, CPAs, engineers, or other office users. The property size is 3,228 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Public Affairs Counsel Public Relations Firm Oregon State Chamber ... Association / Organization Nelson Research Market Researcher Audey B. Robison, ... Massage Therapist Rushlight Agency Marketing Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0427786
    Latitude
    44.931392

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    FAQs

    What type of property is this?
    Office building - Well-maintained 1908 house converted into office space.
    Where is this office building located?
    The property is located at 991 Liberty St SE Salem, OR.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Prime location in the highly sought-after Commercial/Liberty Corridor.; - Substantial remodel in 2019, including a new roof.; - Recent upgrades include new upstairs windows and a new driveway entrance (2024).
    (971) 273-7670
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    Salem, OR 97302
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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
    991 Liberty St SE Salem, OR 97302
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