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Historic Mixed-Use Building
For Sale
Contact for pricing
Pending

181 High St NE, Salem, OR 97301

Three-story property combines retail, office, theater, and conference space at a downtown corner location.

Property Size38,450 SF
Days on Market143

Property Features for 181 High St NE

General Information

Standard status Pending
Size 38,450 SF
Property subtype Mixed Use, Office, Retail

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Year Built 1900
Buildings 1
Stories 3
Building Size 38,450 SF
Tenancy Multi
Owner Occupied Yes
Listing Agency: Hancock Real Estate
Listed By: Terry Hancock · License #OR 200110013
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:48AM

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.

Constructed in 1900, this 38,450-square-foot mixed-use building spans three floors with a varied commercial configuration. The property includes retail areas, offices, theater space, and conference facilities, supporting multiple forms of occupancy within one historic structure. Infrastructure and theater improvements have been completed by the owner-users.

The building occupies the intersection of High St NE and Court St NE in downtown Salem. Regional access is available via nearby I-5 and Highway 22. The property has also operated under the names Chemeketa Lodge No 1 and Odd Fellows Building, reflecting its longstanding role as a community gathering place.

Key Highlights

  • 38,450 SF mixed‑use building constructed in 1900
  • Three floors containing retail, office, theatre, and conference spaces
  • Corner location at High St NE and Court St NE

Property Analytics

Current Use

Theaters & concert halls

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,289
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

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?
Mixed-use property - Three-story property combines retail, office, theater, and conference space at a downtown corner location.
Where is this mixed-use property located?
The property is located at 181 High St NE Salem, OR.
What are key features of this property?
This property features: 38,450 SF mixed‑use building constructed in 1900; Three floors containing retail, office, theatre, and conference spaces; Corner location at High St NE and Court St NE
(503) 371-1234 Call to check price and availability
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