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Kenneth A Holmes Building

$3,329,000

200 - 234 High Street Northeast, Salem, OR 97301

Active
Last Updated: 07/30/2026

23,411 sqft

Building Size

0.57 acres

Lot Area

Details:
Building Size:    23,411 sqft
Lot Area:    0.57 acres
Occupancy:    38%
Class:    B
Year Built:    1964
Floors:    2
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
Description:

A rare opportunity to acquire an iconic downtown Salem office building at one of the city's most visible intersections — High St & Ferry St, in the heart of the Central Business District. The Kenneth A. Holmes Building offers approximately 45,666 SF total, including roughly 22,000 SF of office space leased to multiple tenants, plus a 65-car parking garage — a highly sought-after feature for downtown Salem tenants and a meaningful differentiator from comparable buildings in the area.

With its striking glass curb appeal, secure gated parking, and prime corner location just two blocks from the Salem Convention Center, the property offers strong tenant appeal and long-term investment stability in a walkable, amenity-rich downtown setting. This is a well-positioned asset for investors seeking a multi-tenant office property with structured parking income potential in one of Salem's most established commercial districts.

Set at the highly visible corner of High St & Ferry St, the Kenneth A. Holmes Building sits in the heart of Downtown Salem's Central Business District. This Class B office building offers striking glass curb appeal and is a recognizable presence at one of downtown's busiest intersections.

Tenants and visitors benefit from a rare downtown amenity: a secure, gated private parking garage on the upper level, along with a private, secured parking lot — a standout feature in an area where downtown parking is often at a premium. The building's location puts it just two blocks from the Salem Convention Center, and within easy walking distance of downtown Salem's restaurants, retail, and government and business services.

Map:
Documents:
Title
Holmes_Building_Brochure_07.16.26.pdf
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