Downtown Retail Center
$0.50 to $1.25/sqft/mo
305-355 Liberty St NE, Salem, OR 97301
102,500 sqft
Building Size
0.32 acres
Lot Area
Details:
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 rather than a pre-configured concept.
The first floor offers opportunities with spaces ranging from 2,719 to 11,070 SF, well suited for retail, showroom, entertainment, or experiential uses. The second floor provides flexible suites in the 2,978 to 10,740 SF range, ideal for creative, fitness, or service-oriented users seeking downtown visibility with adaptable layouts. The basement level features 26,082 SF of space that can be demised to accommodate the right opportunity. Flexible layouts and customization for a variety of uses requiring functional, back-of-house, production, or destination-style layouts.
The building is equipped with a freight elevator and loading dock, supporting efficient operations and tenant build-outs across all levels. With its central downtown location, substantial floor plates, 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.
With a wide range of leasing options 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.
Located on the corner of Liberty and Chemeketa Street in NE Salem on a signaled intersection in downtown Salem. Across the street from The Forge and Salem Center Mall.
9 Spaces Available
First Floor Suite #2 - 8,034 SF, 2, 1 Unknown Sub Type
First floor inline suite
First Floor Suite #3 - 5,000 SF , 3, 1 Unknown Sub Type
First floor exterior facing suite with plenty of windows and high visibility.
Second Floor Suite #5 - 6,961 SF , 5, 2 Unknown Sub Type
Second floor inline suite
Second Floor Suite #6 - 10,740 SF , 6, 2 Unknown Sub Type
Second floor suite
Second Floor Suite #7 - 2,978 SF , 7, 2 Unknown Sub Type
Second floor suite
Basement Suite #8 - 26,082 SF , 8, Basement Unknown Sub Type
The basement level offers up to 26,082 SF and can be demised into smaller suites to accommodate the right opportunity. Flexible layouts and customization options make it well-suited for a variety of uses requiring functional back-of-house, production, storage, or destination-style space.
First Floor Suite #1A - 2,719 SF, 1A, 1 Unknown Sub Type
First floor exterior facing suite with Liberty St frontage and exposure.
First Floor Suite #1B - 3,923 SF, 1B, 1 Unknown Sub Type
First floor inline suite
First Floor Suite #1C - 4,165 SF , 1C, 1 Unknown Sub Type
First floor inline back suite
Documents:
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