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Historic Mixed-Use Property in Salem
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181 High St NE, Salem, OR 97301

Historic mixed-use property with office, retail, and restaurant spaces.

Space Size225 SF - 537 SF
Property Size38,450 SF
Days on Market1498

Property Features for 181 High St NE

General Information

Standard status Active
Size 225 SF - 537 SF
Total Parking Spaces 24
Property subtype Retail, Office
Lease Type Full Service

Building Details

Building Size 38,450 SF
Year Built 1900
Tenancy Multiple

Spaces For Lease

at 181 High St NE Contact us

3rd Floor Office B

Size
537 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 201

Size
241 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
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Suite 204

Size
502 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 213

Size
370 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 214

Size
304 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 216

Size
250 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 219

Size
225 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 220

Size
529 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Hancock Real Estate
Listed By: Terry Hancock · License #OR 200110013
Source: Crexi
Added: Jul 29, 2022 Changed: Sep 2 Last Checked: Aug 31 at 11:46PM

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 Hancock Real Estate

Investment Insights

Based on property information with market context.

Constructed in 1900, Salem's Historic Grand provides 38,450 square feet of mixed-use space, including office, retail, theater, restaurant, and event venues. This property has served as a central gathering place in Salem for over a century. Located at the corner of High Street NE and Court Street NE, the site acts as a transition point between public and private business within Salem's downtown core. The property benefits from a walk score of 79, making it suitable for meetings, shopping, working, and dining. The location experiences traffic counts of 7,870 vehicles per day and features a diverse tenant mix.

Key Highlights

  • Historic Landmark: Salem's Historic Grand, built in 1900, has been a central gathering hub for over a century.
  • Prime Location: Situated in Salem's downtown core at the corner of High St NE and Court St NE.
  • High Walk Score: Enjoy excellent walkability with a score of 79 for meeting, shopping, working, and dining.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Pet Grooming 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
$3.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,289
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use property with office, retail, and restaurant spaces.
Where is this mixed-use property located?
The property is located at 181 High St NE Salem, OR.
What is the lease rate?
The lease rate is $24.60 SF/Yr.
What are key features of this property?
This property features: Historic Landmark: Salem's Historic Grand, built in 1900, has been a central gathering hub for over a century.; Prime Location: Situated in Salem's downtown core at the corner of High St NE and Court St NE.; High Walk Score: Enjoy excellent walkability with a score of 79 for meeting, shopping, working, and dining.
(503) 371-1234 Call to check price and availability
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