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    200 High St Salem, OR 97301

    For Lease
    $1.90 SF/Yr ($2,148 /Mo)

    Downtown Salem offices, multiple suites available.

    Lot size:
    13,568 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional two-story executive office building, located at 200 High St SE in Salem, Oregon's central business district, offers high visibility and convenient access. The Kenneth Holmes Building boasts a total of 13,568 square feet, encompassing seven individual suites. Currently, there is 7,196 square feet of vacant space available, divisible into units ranging from a minimum of 660 square feet to a maximum contiguous space of 3,873 square feet. The building is zoned CB and situated in Marion County, Oregon (zip code 97301). Secure upper-level private parking is provided for tenants. This prime location at the corner of High Street and Ferry Street offers excellent exposure and accessibility for businesses seeking a prestigious address in Salem's thriving downtown core. The building's multiple suite options cater to a variety of business needs, from small startups to established companies requiring larger spaces. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is a rare opportunity to secure high-quality office space in a desirable location.

    Property Features for 200 High St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,568 SF
    Total Rate
    2148.27

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    234 High B
    Size
    1,037 SF
    Rate per SF
    $2.00
    Space
    234 High Ste A
    Size
    1,307 SF
    Rate per SF
    $1.90
    Space
    544 Ferry Suite 100
    Size
    3,873 SF
    Rate per SF
    $2.00

    HighLights

    • Secure upper‑level tenant parking.
    • Corner location at High St SE & Ferry St SE.
    • Additional dry storage space available for lease.
    • Excellent access to downtown Salem amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0376939
    Latitude
    44.9385756

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Salem offices, multiple suites available.
    Where is this office property / space located?
    The property is located at 200 High St Salem, OR.
    What is the lease rate?
    The lease rate is $1.90-$2.00 SF/Yr.
    What are key features of this property?
    This property features: Secure upper-level tenant parking.; Corner location at High St SE & Ferry St SE.; Additional dry storage space available for lease.
    Request Owner's contact information
    200 High St Salem, OR 97301
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    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 High St Salem, OR 97301
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