249 Liberty St, Salem, OR 97301
This exceptional commercial property at 249 Liberty St NE, Salem, offers a unique opportunity to establish your business in the heart of downtown. Located in Marion County, this vibrant location boasts two buildings, each three stories high, and benefits from excellent cross-street access via Chemeketa. The property is zoned CB and features a mix of traditional and creative office spaces, as well as retail options, making it ideal for a variety of businesses. Two spaces are currently available, ranging from a minimum of 391 square feet to a maximum contiguous space of 964 square feet. The property is perfect for businesses seeking flexible lease terms, with incentives such as two months of free rent available on acceptable terms. This prime location offers high visibility and is situated alongside popular establishments such as The COZY TABERNA, Johnny Matthew’s Salon & School, Kraftworks Taphouse, Le Motive Salon, and Rejuven8, creating a thriving and dynamic business environment. The multiple tenancy structure allows for a diverse range of businesses to coexist, fostering a collaborative and energetic atmosphere. This is an unparalleled opportunity to secure a prominent space in Salem's bustling downtown core. Contact us today to schedule a viewing and explore the possibilities.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.