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234 High St SE
Salem, OR 97301 Downtown Salem

$3,329,000 USD

Office For Sale  •  23,411 SF

Property Details

  • Property Type Office
  • Total Building Size 23,411 SF
  • Lot Size 0.57 AC
  • Building Class B
  • Year Built 1964
  • Cap Rate 6.20 %
  • Tenancy Multiple
  • Zoning CBD
60 Transit Score
70 Walk Score

Highlights

23,411 SF building
65-car secure parking garage
Prime corner location: High St & Ferry St, Downtown Salem CBD
Two blocks from the Salem Convention Center
High-visibility, glass-fronted street presence

Property Flyers

Cap Rate: 6.20 %

Major Tenants

Tenant SF Occupied Lease End Date
AOC Road Program
Community Care 2/26/2027
Cunningham 10/6/2025
Ion Solar 3/23/2025
mahonia 10/28/2026
Maranga 7/7/2027
Paradigm Driving Solutions 8/19/2025
Reynolds Trial Law 4/9/2026
salem community church 12/5/2026
Templo De Restauracion 4/23/2029

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Salem (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak) 3 min 16 min 0.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Covered
Included in Rent: Yes
Curt Arthur, SIOR 503-588-4146 Capacity Commercial Group LLC
Curt Arthur, SIOR 503-588-4146 Capacity Commercial Group LLC