Flexible Multi-Level Retail
355 Liberty St NE, Salem, OR 97301
For Lease
Contact for pricing
Former department store building offering adaptable configurations, loading access, and space for retail, fitness, creative, or destination uses.
Space Size10,740 SF
Property Size102,500 SF
Days on Market97
Property Features for 355 Liberty St NE
General Information
Standard status
Size
Net Rentable
Property subtype
Lease Type
Space & Availability
Available Space
Divisible
Site & Location
Neighborhood
Amenities
Freight Elevator
On-Site Loading Dock
Building Details
Stories
Building Size
Spaces For Lease
at 355 Liberty St NE
355 Liberty St NE
AVAILABLE, Now
Floor
1
Size
10,740 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
-Downtown Redevelopment at Former JC Penney Building
-Prime Location at Signaled Intersection
-Flexible Customization Across Three Levels
-102,500 SF - Divisible to 2,719+ SF Spaces
-Customizable Build-Outs
-Freight Elevator and On-Site Loading Dock
-Ideal for Retail, Fitness, Creative, and Destination Uses
Contact us
Listing Agency:
Tradition Real Estate Partners
(503) 877-4653
Listed By:
Paula Moseley · License OR #201233012
(503) 910-3055
Source:
Moodyscre
Added: Aug 7
Changed: Oct 26
Last Checked: Nov 10 at 10:42AM
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 Tradition Real Estate Partners
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Investment Insights
Based on property information with market context.
The property comprises a former JC Penney building totaling 102,500 SF across three levels. Available areas can be divided into spaces of 2,719+ SF, with build-outs designed around individual occupant requirements. A freight elevator and on-site loading dock support movement between levels and receiving operations.
Positioned at a signaled intersection in the downtown area, the property is suited to a range of commercial concepts, including retail, fitness, creative, and destination-oriented uses. Its multi-level layout and customization options provide flexibility for both larger occupancy plans and smaller-format spaces.
Positioned at a signaled intersection in the downtown area, the property is suited to a range of commercial concepts, including retail, fitness, creative, and destination-oriented uses. Its multi-level layout and customization options provide flexibility for both larger occupancy plans and smaller-format spaces.
Key Highlights
- 102,500 SF former JC Penney building across three levels
- Divisible to 2,719+ SF spaces
- Freight elevator and on‑site loading dock
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Salem, OR
$28.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,845 SF
Avg Space Size
Properties on Market for Retail space in Salem
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Former department store building offering adaptable configurations, loading access, and space for retail, fitness, creative, or destination uses.
Where is this retail space located?
The property is located at 355 Liberty St NE Salem, OR.
What are key features of this property?
This property features: 102,500 SF former JC Penney building across three levels; Divisible to 2,719+ SF spaces; Freight elevator and on‑site loading dock
