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305 Liberty St NE
Salem, OR 97301 Downtown Salem

$1,733 - $8,115 USD/MO

Department Store For Lease  •  1,733+ SF

Property Details

  • Property Type Department Store
  • Year Built 1964
  • Total Building Size 102,500 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CB
70 Transit Score
80 Walk Score

13 Spaces Available

Name Space Use Size Rent Details
Bsmt Floor Ste 10 Retail 5,120 SF $6.00 USD/SF/YR 
Basement suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
Bsmt Floor Ste 11 Retail 5,757 SF $6.00 USD/SF/YR 
Basement suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
Bsmt Floor Ste 12 Retail 4,330 SF $6.00 USD/SF/YR 
Basement suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
Bsmt Floor Ste 13 Retail 5,810 SF $6.00 USD/SF/YR 
Basement suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 1 Retail 3,454 SF $15.00 USD/SF/YR 
First Floor inline suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 2 Retail 6,492 SF $15.00 USD/SF/YR 
First floor exterior facing suite with windows and great visiblity

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 3 Retail 5,000 SF $15.00 USD/SF/YR 
First floor inline suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 4 Retail 5,216 SF $15.00 USD/SF/YR 
First floor exterior facing suite with windows and high visibility

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
2nd Floor Ste 5 Retail 4,700 SF $12.00 USD/SF/YR 
Second floor inline suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
2nd Floor Ste 6 Retail 3,884 SF $12.00 USD/SF/YR 
Second floor suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
2nd Floor Ste 7 Retail 3,670 SF $12.00 USD/SF/YR 
Second floor suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
2nd Floor Ste 8 Retail 5,730 SF $12.00 USD/SF/YR 
second floor suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
2nd Floor Ste 9 Retail 1,733 SF $12.00 USD/SF/YR 
second floor suite

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description 

A major redevelopment is underway at the former JC Penney building in the heart of downtown Salem, offering a rare opportunity for tenants to shape space to fit their specific vision and operational needs. This multi-story building with basement is being repositioned as a flexible, open-slate commercial project. With its central downtown location and customization potential, this project presents a unique opportunity for users seeking space that can be tailored to their brand, workflow, and long-term growth. A wide range of leasing options across three levels and a vision centered on energy, creativity and collaboration, this redevelopment offers a rare opportunity to be part of Salem's next chapter. Early interest is encouraged.

Highlights

Downtown Redevelopment at Former JC Penney Building
Prime Location at Signaled Intersection
Flexible Customization Across Three Levels
102,500 SF Divisible to 5,000+ SF Spaces
Customizable Build-Outs

Property Flyers

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants

Tenant SF Occupied Lease End Date
See's Candies

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.2 mi
AJ Nash 503-559-9279 Tradition Real Estate Partners
AJ Nash 503-559-9279 Tradition Real Estate Partners