155 Liberty NE St Salem, OR 97301-3505
Property profile & analytics
155 Liberty NE St Salem, OR 97301-3505
- Investment properties
- 46,500 SF
- 0.24 lot acres
Property ID
US71-0814569
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hot Rod Betties Tattoo 2 / Tattoo & Piercing Shop
- Salem Arts LLC / Theater & Performing Art Venue
- Small Shops & What knot / Department Store
- Mykie’s Bar & Lounge / Bar & Pub
- Divine Healing / Alternative Medicine Practice
Property Details for 155 Liberty NE St
- Year built
- 1936
- Lot size
- 0.24 lot acres
- Property size
- 46,500 SF
- Zone code
- CB
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 073W27AB06100
- APU
- 073W27AB06100
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.039
- Latitude
- 44.9407
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$55,367
$0.00
$0.00
$2,820,990
-
$308,340
$5,152,750
$5,461,090
