Liberty St Salem, OR 97301
- Office Properties & Spaces
- 3,593 SF
- 0.44 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for Liberty St
- Lot size
- 0.44 lot acres
- Property size
- 3,593 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 3,593 square foot office building presents a unique investment opportunity in Salem, Oregon. Strategically located just north of the city's downtown core, this property enjoys a highly desirable address adjacent to the renowned McMenamins Boone's Treasury. The building itself boasts 10 private offices, perfect for a variety of professional uses, complemented by a spacious conference room, a comfortable break room, and a built-in reception desk. A large open workspace offers flexibility and adaptability to suit diverse business needs. Beyond the functional interior, this property offers a significant advantage: ample on-site parking. This parking is not only convenient for tenants but also generates passive income through an existing after-hours lease agreement with McMenamins. The 0.44-acre lot provides ample space and ensures convenient access for both employees and clients. This turnkey office building represents a rare blend of prime location, substantial features, and a reliable income stream, making it an attractive proposition for discerning investors seeking a strong return on investment in a thriving Oregon market. The property is currently under contract with contingencies.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.039
- Latitude
- 44.9402
