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    105 Liberty St Salem, OR 97301

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    For Lease
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    Downtown Salem executive suites, 410-2725 sq ft.

    Lot size:
    16,784 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Gray Building, a Class A property at 105 Liberty St NE, Salem, OR 97301, offers exceptional office space in the heart of Salem's Central Business District. This historically significant building, constructed in 1891 and extensively renovated in 2018, boasts 16,784 total square feet across two stories. Currently, 5,705 square feet of space is available, divisible into units as small as 410 square feet and up to a contiguous 2,725 square feet. The building features one elevator and is conveniently located near the intersection of State and Liberty Streets, benefiting from high pedestrian traffic and proximity to vibrant restaurants. Its prime location within the Downtown Salem submarket and CBD zoning makes it an ideal location for businesses seeking a prestigious address. The building's mixed-use nature is evident with existing tenants including a restaurant, donut shop, financial planning firm, and photo studio. This presents a unique opportunity to join a thriving community within a beautifully restored historic landmark. The building's blend of historic charm and modern amenities provides a sophisticated and functional workspace.

    Property Features for 105 Liberty St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,784 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1891/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    105 Liberty St
    Size
    2,725 SF
    Space
    Suite 200
    Size
    1,205 SF
    Space
    Suite 220
    Size
    410 SF
    Space
    Suite 250
    Size
    1,365 SF

    HighLights

    • 400‑2,725 square feet of available space.
    • Retail and office space available.
    • Monthly rent ranges from $900 to $6,000.
    • NNN and Full‑Service leases available.
    • Building built in 1891, renovated in 2018.
    • Located in the Central Business District (CBD).
    Property Profile Location Intelligence

    Current Use by Public Records

    The Freckled Bee Clothing Store the gray building Historical Landmark spillthebeansetc Clothing Store

    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
    -123.03883384167
    Latitude
    44.93996687589

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Salem executive suites, 410-2725 sq ft.
    Where is this office property / space located?
    The property is located at 105 Liberty St Salem, OR.
    What are key features of this property?
    This property features: 400-2,725 square feet of available space.; Retail and office space available.; Monthly rent ranges from $900 to $6,000.
    Request Owner's contact information
    105 Liberty 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
    105 Liberty St Salem, OR 97301
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