Multi-Story Retail & Showroom
For Lease
Contact for pricing
305-355 Liberty St NE, Salem, OR 97301
Redeveloping multi-story retail building with a freight elevator and loading dock at a signaled downtown intersection.
Space Size2,719 SF - 26,082 SF
Property Size102,500 SF
Days on Market246
Property Features for 305-355 Liberty St NE
General Information
Standard status
Active
Size
2,719 SF - 26,082 SF
Property subtype
Retail
Lease Type
Modified Gross
Lease Term
NNN
Additional Details
Flexible Term
Yes
Dock-High Doors
1
Amenities
freight elevator
loading dock
Building Details
Building Size
102,500 SF
Spaces For Lease
at 305-355 Liberty St NE Contact usBasement Suite #8 - 26,082 SF
Size
26,082 SF
Term
Negotiable
First Floor Suite #1A - 2,719 SF $1.25/SF/Mo
Size
2,719 SF
Term
Negotiable
First Floor Suite #1B - 3,923 SF $1.25/SF/Mo
Size
3,923 SF
Term
Negotiable
First Floor Suite #1C - 4,165 SF $1.25/SF/Mo
Size
4,165 SF
Term
Negotiable
First Floor Suite #3 - 5,000 SF $1.25/SF/Mo
Size
5,000 SF
Term
Negotiable
Second Floor Suite #5 - 6,961 SF
Size
6,961 SF
Term
Negotiable
Second Floor Suite #6 - 10,740 SF
Size
10,740 SF
Term
Negotiable
Second Floor Suite #7 - 2,978 SF
Size
2,978 SF
Term
Negotiable
Show more
Listed By:
AJ Nash | Partner · License #OR #201208908
(503) 559-9279
Source:
Traditionrep
Added: Feb 18
Changed: Oct 7
Last Checked: Oct 20 at 6:16PM
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 AJ Nash | Partner
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This redeveloping multi-story commercial building with a basement offers flexible, open-slate space that can be shaped to a tenant’s operational needs. The first floor includes large-format opportunities generally ranging from 5,000 to 10,000 square feet, with space on the second floor offered in flexible suites generally ranging from 4,000 to 6,000 square feet. The basement level features space generally ranging from 5,000 to 6,000 square feet. The building is equipped with a freight elevator and an on-site loading dock to support efficient tenant build-outs across levels.
Located on the corner of Liberty and Chemeketa Street in downtown Salem on a signaled intersection, the property sits across the street from The Forge and Salem Center Mall. The building’s total area is approximately 102,500 square feet and is divisible into spaces of 5,000+ square feet, supporting a range of retail, showroom, entertainment, experiential, creative, fitness, or service-oriented uses depending on tenant requirements.
Located on the corner of Liberty and Chemeketa Street in downtown Salem on a signaled intersection, the property sits across the street from The Forge and Salem Center Mall. The building’s total area is approximately 102,500 square feet and is divisible into spaces of 5,000+ square feet, supporting a range of retail, showroom, entertainment, experiential, creative, fitness, or service-oriented uses depending on tenant requirements.
Key Highlights
- Former JC Penney multi‑story building with basement being redeveloped for flexible commercial leasing.
- Total building area of 102,500 SF, divisible into 5,000+ SF spaces.
- 1st floor offers large‑format spaces generally ranging from 5,000 to 10,000 SF for retail, showroom, entertainment, or experiential uses.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,569
Businesses Nearby
Explore this area
Business Placement
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
$29.79 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,878 SF
Avg Space Size
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Redeveloping multi-story retail building with a freight elevator and loading dock at a signaled downtown intersection.
Where is this retail space located?
The property is located at 305-355 Liberty St NE Salem, OR.
What are key features of this property?
This property features: Former JC Penney multi‑story building with basement being redeveloped for flexible commercial leasing.; Total building area of 102,500 SF, divisible into 5,000+ SF spaces.; 1st floor offers large‑format spaces generally ranging from 5,000 to 10,000 SF for retail, showroom, entertainment, or experiential uses.
