Property profile

249 Liberty St Salem, OR 97301

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center
  • Marketing & Advertising Photography Service
  • Film Production Television Studio
  • Financial Advisor
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

249 Liberty St Salem, OR 97301
Salem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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