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Remodeled Retail Storefront Space
For Lease
$90,000 SF/Yr

189 Liberty St NE, Salem, OR 97301

Completely remodeled 597 SF retail storefront with substantial window visibility and a three-compartment sink.

Property Size1,101 SF
Days on Market910

Property Features for 189 Liberty St NE

General Information

Standard status Active
Size 1,101 SF
Listing Agency: Coldwell Bnkr/Commercial Div
Listed By: Pam Rushing · License #200202271
Source: Allprofessionalsre
Added: Feb 1, 2024 Changed: Jul 25 Last Checked: Jul 29 at 12:53PM

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 Coldwell Bnkr/Commercial Div

Investment Insights

Based on property information with market context.

This completely remodeled 597 SF retail storefront offers substantial window visibility and includes a three-compartment sink. An additional 504 SF is available contiguously to this space, for a combined total of 1,101 SF.

The space is located in the Reed Underground. This configuration supports flexible retail merchandising within a highly visible storefront setting.

As presented, the unit is designed for retail use and can be leased as either the 597 SF space alone or together with the adjacent 504 SF portion.

Key Highlights

  • 597 SF completely remodeled retail storefront
  • Lots of window visibility for storefront exposure
  • Additional 504 SF available contiguous for a total of 1,101 SF

Property Analytics

Current Use

Be Lashed Hair Salon Talewind Visuals Film Production Agape Studios Corporate ... Film Production Maria Stella Atelier (Bike/Boat/Book/etc) Store The Sun Bear Den ... Garden Center

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$13,500.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,569
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

$26.17 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
21,569 SF
Avg Space Size

This space is priced 343849% above the average of $26.17 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Completely remodeled 597 SF retail storefront with substantial window visibility and a three-compartment sink.
Where is this retail space located?
The property is located at 189 Liberty St NE Salem, OR.
What is the lease rate?
The lease rate is $90,000.
What are key features of this property?
This property features: 597 SF completely remodeled retail storefront; Lots of window visibility for storefront exposure; Additional 504 SF available contiguous for a total of 1,101 SF
More about this property
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