155 Liberty St NE Salem, OR 97301

46,500 SF 0.24 ac lot Built 1936

Entity Owned 4-yr Hold ~ Est. High Equity

Property ID

US71-0814569

$12.84 SF/Yr

155 Liberty St NE, Salem, OR 97301
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The Salem Arts Building, located at 155 Liberty St NE, offers a unique retail investment opportunity in Salem's vibrant Central Business District (CBD). This six-story, mixed-use building boasts 10,454 square feet of space across 272 suites, with 30 retail spaces currently available, ranging from 137 to 2,800 square feet. Renovated in 2019, the building features a diverse tenant mix including apartments, offices, executive suites, and artist studios. The property sits on a 0.24-acre lot and is conveniently located near Liberty Square Parkade and Chemeketa Parkade, offering ample parking options. Street parking is also available, and there's a paid parking lot at the rear of the building, accessible via Electric Alley. The building includes elevators for easy access to all floors. The zoning is designated as CBD, reflecting its prime downtown location. This property presents a compelling opportunity for investors seeking a diverse portfolio of retail tenants in a thriving urban environment. The building's eclectic character and competitive full-service lease rates make it an attractive option for a variety of businesses. The multiple tenancy structure provides flexibility and potential for strong rental income. This is a rare chance to acquire a well-maintained, centrally located commercial property in a rapidly growing area.