JUST LISTED

PROPERTY OVERVIEW:
Discover  a beautifully remodeled commercial office building designed to impress! This versatile property features modern finishes throughout and includes a fully equipped commercial kitchen, currently home to a successful catering company who will be relocating at the end of February.

The first floor welcomes you with a bright, inviting entry and comfortable seating area, a spacious conference room, private offices, and a convenient kitchen/break area. The fully built-out 1,300 SF commercial kitchen is ready for immediate use but can easily be removed or reconfigured to suit a wide range of business needs.

The second floor, located above the commercial kitchen, provides additional open workspace—perfect for collaborative teams, creative studios, or administrative operations.

Ideally located just south of downtown Salem, the property sits prominently on the corner of Liberty and Mission Streets, offering access from both streets. Ample private parking and excellent visibility along the Liberty Street corridor make this an exceptional opportunity for an owner-user or investor seeking a standout commercial property in a prime Salem location

SALES PRICE: $1,100,000
SIZE: 3,304 SF
LOT SIZE: .29 AC
ZONING: CO

Have questions? Click here to learn more.

FEATURED LISTING

SALE OVERVIEW
Fantastic South Salem opportunity – Owner-user or redevelopment. This
property is located in the high-traffic, high-income demographic area of south Salem. Located at the confluence of Liberty Road South and Commercial Street SE, and near some of the largest concentrations of retailers in Salem, this
property has a lot of potential. Whether the building is repurposed for a single user, demised for multi-tenancy or the site completely redeveloped under the current Mixed Use I zone, this 19,095 SF building on two acres with signalized direct access has a lot of potential.

LEASE OVERVIEW
19,095 SF retail building for lease located in the high-traffic, high-income
demographic area of south Salem at the confluence of Liberty Road South and
Commercial Street SE, and near some of the largest concentrations of retailers in Salem. Parking ratio for the site is 5.87:1,000.

SALES PRICE: $3,595,000
SPACE AVAILABLE: 19,095 SF
LEASE RATE: $16/SF/YR, NNN
ZONING: MU-1

Have questions? Click here to learn more.

RECENT CLOSING

Jennifer Martin and Tanner Morgan successfully represented the seller in the sale of the commercial office building located at 1174 Cornucopia in Salem, commonly known as the Trademark Building. The property was sold to an investor, making this a unique transaction given the property’s anchor vacancy at the time of sale. Jennifer and Tanner’s commitment to achieving strong results for their clients made this cash sale ideal given current financing conditions. The Seller plans to reinvest the proceeds into other projects within the local market area, continuing to contribute to the region’s growth and development.

MARKET INSIGHT

Basil & Board made memories here, and now Cascadia Pizza Co. is creating new ones for Salem to enjoy. Selling a business is an entire venture in and of itself -
reach out for a free confidential needs based evaluation.

COMMUNITY SPOTLIGHT

Thursday, November 20, 2025
Auction & Dinner: 5:30 pm
Salem Convention Center
200 Commercial St S
Salem, OR 97301

$150 per person / $1,500 per table

All proceeds benefit the
Boys & Girls Club of Salem, Marion and Polk Counties.