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Downtown Salem Retail Space Available
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241 Liberty St NE, Salem, OR

Retail spaces for lease in downtown Salem buildings.

Space Size585 SF - 4,045 SF
Lot Size0.24 Acres
Days on Market297

Property Features for 241 Liberty St NE

General Information

Standard status Active
Size 585 SF - 4,045 SF
Lot size 0.24 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 241 Liberty St NE Contact us

249 Liberty St NE $2.15/SF/Mo

Floor
1
Size
4,045 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
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Contact us

241 Liberty St NE

Floor
1
Size
964 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
show more
Contact us

241 Liberty St NE

Floor
1
Size
638 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
show more
Contact us

241 Liberty St NE $1.20/SF/Mo

Floor
1
Size
585 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
show more
Contact us

241 Liberty St NE $1.55/SF/Mo

Floor
1
Size
636 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
show more
Contact us

241 Liberty St NE $1.80/SF/Mo

Floor
1
Size
1,187 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
show more
Contact us

249 Liberty St NE $1.80/SF/Mo

Floor
1
Size
920 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Spaces available in the PGE & Yeater buildings located in downtown Salem. Co-Tenants...
show more
Contact us
Listing Agency: SMI Real Estate
Listed By: Elesa Doll · License #200708163
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 2 Last Checked: Sep 16 at 6:27PM

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 SMI Real Estate

Investment Insights

Based on property information with market context.

Retail spaces are available for lease in the PGE & Yeater buildings, situated in downtown Salem. The property's co-tenants include The Cozy Taberna, Johnny Matthew’s Salon & School, Kraftworks Taphouse, Le Motive Salon, Rejuven8, and others. As an incentive, the property offers two months of free rent with an acceptable lease term. One available space offers 638 square feet.

Key Highlights

  • Located in downtown Salem.
  • Co‑tenants include established businesses such as The Cozy Taberna, Johnny Matthew’s Salon & School, Kraftworks Taphouse, Le Motive Salon, and Rejuven8.
  • Spaces available in the PGE & Yeater buildings.

Property Analytics

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Current Use

Kraftworks Taphouse Bar & Pub

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Catering Service Plumbing Service 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

Location Intelligence

Trade Area within ½ mile

3,569
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$33.74 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
8,898 SF
Avg Space Size

Vacancy Rate% for Retail in West region

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

What type of property is this?
Retail space - Retail spaces for lease in downtown Salem buildings.
Where is this retail space located?
The property is located at 241 Liberty St NE Salem, OR.
What are key features of this property?
This property features: Located in downtown Salem.; Co‑tenants include established businesses such as The Cozy Taberna, Johnny Matthew’s Salon & School, Kraftworks Taphouse, Le Motive Salon, and Rejuven8.; Spaces available in the PGE & Yeater buildings.
(503) 884-1273 Call to check price and availability
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