181-195 High St NE, Salem, OR

Properties For Sale

at 181-195 High St NE Contact us

Listing agent Terry Hancock License #200110013

Listing office Hancock Real Estate t***@hancockcre.com Show Phone

Listing date Jun 20, 2023

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Hancock Real Estate

Report an issue

---

Overview

Built in 1900, this historic building in Salem offers 38,450 square feet of office, retail, theater, restaurant, and event spaces. Situated on 0.50 acres, the property has historically been known as the Chemeketa Lodge No 1, Odd Fellows Building, and now the Historic Grand. For over a century, this central location has served as a central meeting hub in Salem. The current owners have invested approximately $2.5 million in infrastructure updates and theater upgrades.

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Salem

County

Marion

State

Oregon

Longitude

-123.037

Latitude

44.9403

Nearby Similar for Sale

• 

  $549,900

  2,272 SF

  Dual Living Opportunity in Salem

  Two homes on a 10,000+ sq ft lot.

  3392 Sunnyview Rd NE, Salem, OR 97301

  View Details
• 

  $580,000

  2,525 SF

  Two-Building 4-Unit Residential Property

  A fully rented two-building rental setup in Salem with multiple unit types and on-site parking.

  1385 HINES St, Salem, OR 97302

  View Details
• 

  $699,900

  2,704 SF

  Downtown Multi-Family Investment

  Six-unit converted home with individual water and electric meters, offering a flexible studio-to-two-bedroom unit mix.

  1196 Chemeketa St NE, Salem, OR 97301

  View Details
• 

  $899,900

  5,278 SF

  Multifamily Apartment Building with Laundry

  Two-bedroom, one-bath units with off-street parking, on-site laundry, and electric heat with separate meters.

  1341 Saginaw St S, Salem, OR 97317

  View Details
• 

  $550,000

  2,282 SF

  Detached 4-Unit Multifamily Property

  Detached fourplex with private entrances, separate utilities, fenced courtyard, and off-street parking near downtown Salem.

  771 21st St SE, Salem, OR 97301

  View Details
• 

  $850,000

  3,907 SF

  Six-Unit Multifamily Building

  Six well-kept residential units on a 0.42-acre lot with covered porches and carport parking for five cars.

  2245-2285 Breyman St NE, Salem, OR 97301

  View Details
• 

  $1,500,000

  6,900 SF

  Well-Maintained Multifamily Investment Opportunity

  Three duplexes in Salem, OR, fully occupied and professionally managed.

  4212 47TH Ave NE, Salem, OR 97305

  View Details
• 

  $675,000

  4,192 SF

  Two Manufactured Homes with Garages

  Two well-maintained manufactured homes on a large lot offer open layouts, updated interiors, and room to expand.

  4455 Blueberry (-4445) Ln NE, Salem, OR 97305

  View Details
• 

  $450,000

  2,000 SF

  Duplex with Attached Garages

  Two 2-bedroom, 1-bath units each with an attached 1-car garage and private backyard space.

  3441 Livingston St NE, Salem, OR 97301

  View Details
• 

  $425,000

  2,118 SF

  Corner-Lot Duplex with Private Yards

  Two updated 1-bedroom units on a corner lot, each with private yards, laundry, and dedicated addresses.

  836 ELDIN Ave, Salem, OR 97317

  View Details
• 

  $450,000

  2,000 SF

  Salem Duplex with Garages

  Duplex in Salem with garages and private backyards.

  3441 LIVINGSTON St, Salem, OR 97301

  View Details
• 

  $799,000

  4,262 SF

  Duplex with Income Potential

  Duplex with ADU and Airbnb potential in Salem, Oregon.

  1525 SE LEE St, Salem, OR 97302

  View Details

FAQs

What type of property is this?

Shopping mall - 38,450 SF historic building with office, retail, and event spaces.

Where is this shopping mall located?

The property is located at 181-195 High St NE Salem, OR.

What is the asking price?

The asking price for this property is $4,575,000.

What are key features of this property?

This property features: Significant recent investment of approximately $2.5 million in infrastructure and theatre upgrades.; Substantial 38,450 SF building suitable for diverse uses.; Prime central location in Salem with a century‑long history as a community gathering hub.