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Plumbing-Ready Storefront Space
New
For Lease
$750/Mo

249 -255 Liberty Street Southeast, Salem, OR 97301

Flexible storefront and basement spaces feature extensive plumbing for retail, office, restaurant, and light production uses.

Space Size585 SF - 4,045 SF
Property Size34,659 SF
Days on Market6

Property Features for 249 -255 Liberty Street Southeast

General Information

Standard status Active
Size 585 SF - 4,045 SF
Net Rentable 500 SF
Property subtype Retail
Lease Term MG

Space & Availability

Available Space 500-4,000 SF
Divisible Yes

Building Details

Building Size 34,659 SF
Year Built 1927

Spaces For Lease

at 249 -255 Liberty Street Southeast Contact us

249 Liberty St NE $1,239/Mo

Size
964 SF
Type
Creative/Loft
Term
Negotiable
Contact us

249 Liberty St NE $1,576/Mo

Size
636 SF
Type
Creative/Loft
Term
Negotiable
Contact us

249 Liberty St NE $773/Mo

Size
600 SF
Type
Creative/Loft
Term
Negotiable
Contact us

249 Liberty St. NE $750/Mo

Size
585 SF
Type
Creative/Loft
Term
Negotiable
Contact us

249 Liberty St. NE $912/Mo

Size
636 SF
Type
Creative/Loft
Term
Negotiable
Contact us

255 Liberty St. NE $2.15/SF/Mo

Size
4,045 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Curt Arthur, SIOR · License #201230204
Source: Buildout
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 30 at 3:26PM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

The Yeater Building comprises side-by-side commercial structures with street-front retail options ranging from 500 to 4,000 SF. Basement areas include plumbing and may accommodate prep kitchen, light manufacturing, assembly, office incubator, or church-related uses. Ground-floor space also has extensive plumbing and was previously configured for beauty school operations, with restaurant use identified as an option.

Located at 249–255 Liberty Street Southeast in downtown Salem, the property offers both retail and office configurations. The range of available sizes supports smaller occupants as well as users seeking a larger storefront footprint. The building dates to 1927.

Key Highlights

  • Storefront and basement spaces range from 500 to 4,000 SF
  • Street‑front retail space in downtown Salem
  • Basement areas include plumbing for prep kitchen, assembly, or light manufacturing uses

Property Analytics

Current Use

NK Esthetics Spa & Massage Center Dronescape Marketing & Advertising Sea Legs Media Film Production AFFINITY GRAY CREDIT ... Financial Advisor Upswing Strategies | Marketing ... Marketing & Advertising

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,569
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible storefront and basement spaces feature extensive plumbing for retail, office, restaurant, and light production uses.
Where is this storefront property located?
The property is located at 249 -255 Liberty Street Southeast Salem, OR.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: Storefront and basement spaces range from 500 to 4,000 SF; Street‑front retail space in downtown Salem; Basement areas include plumbing for prep kitchen, assembly, or light manufacturing uses
More about this property
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