PGE/Yeater Building
$8,226,000
249 -255 Liberty Street Southeast, Salem, OR 97301
For Sale
Retail
Street Retail
Active
Last Updated: 08/26/2026
34,659 sqft
Building Size
0.15 acres
Lot Area
Details:
Building Size: 34,659 sqft
Lot Area: 0.15 acres
Year Built: 1927
Highlights:
- 1917/1920 - Listed with National Historic District
- 2006 Full Remodel
- On Salem's "Electric Alley"
Description:
Side by Side iconic mixed-use buildings in downtown Salem fully remodeled in 2006. Rent roll features one of Salem's finest restaurants, The Cozy Taberna, as well as a mix of office, residential, and other retail tenants. Lots of exposed concrete walls with Salem's own Electric Alley directly behind the building and next door to The Forge, a full renovated 4-story commercial building featuring Clink! restaurant, Jade Dumpling & Noodle House, Anthem Strategies, and many more.
In the heart of downtown Salem. Next door to the fully redeveloped The Forge building. Chemeketa Parkade is a block away for employee parking.
Location
Gallery