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Historic Corner Mixed-Use Building
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181-195 High St NE, Salem, OR 97301

Small office and retail suites (250–500 SF) available in a 1900-built downtown mixed-use property in Salem.

Property Size370 SF
Days on Market108

Property Features for 181-195 High St NE

General Information

Standard status Active
Size 370 SF
Property subtype OFFICE
Listing Agency: Hancock Real Estate
Listed By: Terry Hancock · License #200110013
Source: Moodyscre
Added: Apr 17 Changed: Jul 25 Last Checked: Aug 2 at 10:29AM

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

Investment Insights

Based on property information with market context.

Built in 1900, Salem’s Historic Grand is a downtown mixed-use property with approximately 38,450 SF of office, retail, theatre, restaurant, and event space. The property offers available suites ranging from 250 to 500 SF.

Located on the corner of High St NE and Court St NE, the Historic Grand serves as a transition point between public and private business in Salem’s downtown core. The site is identified with a walk score of 79 and traffic counts of 7,870 VPD.

The property is zoned Central Business District. Lease terms are listed as $2.05/SF full service less janitorial.

Key Highlights

  • 1900‑built Salem Historic Grand with 38,450 SF of office, retail, theatre, restaurant, and event space
  • Available suites: 250–500 SF for office and retail use
  • Corner location on High St NE and Court St NE in Salem downtown core

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,211
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Lease Benchmarks for Salem, OR

$23.72 /SF/Yr
Avg Asking Price
$8.88–$54.55 /SF/Yr
Price Range
41,926 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Small office and retail suites (250–500 SF) available in a 1900-built downtown mixed-use property in Salem.
Where is this office units located?
The property is located at 181-195 High St NE Salem, OR.
What are key features of this property?
This property features: 1900‑built Salem Historic Grand with 38,450 SF of office, retail, theatre, restaurant, and event space; Available suites: 250–500 SF for office and retail use; Corner location on High St NE and Court St NE in Salem downtown core
(503) 370-2581 Call to check price and availability
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