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1515 - 1535 Liberty St SE 1515-1535 Liberty St SE 8,708 SF 55% Leased Office Building Salem, OR 97302 $2,097,368 CAD ($240.86 CAD/SF)
Investment Highlights
- 8,708 SF total building, two stories, Class B
- 26 on-site parking spaces
- Minutes from Salem Hospital; on Salem's Cherriots transit line
- Built 1972; 0.56-acre lot (24,394 SF)
- Configured as a 3,923 SF medical suite and a 4,785 SF professional office suite
- High-visibility Liberty St corridor location, just south of Downtown Sale
Executive Summary
The building's main floor has historically been configured as two suites — a medical suite of roughly 3,923 SF and a professional office suite of roughly 4,785 SF — offering flexibility for a single-tenant user, a split-lease investment, or repositioning to maximize medical-use demand along this corridor.? The property benefits from proximity to Salem Health and other medical offices, strong traffic counts, direct access to Salem's Cherriots transit line, and central connectivity to downtown Salem, I-5, and West Salem — all factors that support durable tenant demand in this location.?
Positioned along Salem's sought-after Liberty Street corridor, this property sits just south of Downtown Salem's Central Business District and only minutes from Salem Hospital — a location that's long made it a preferred address for medical and professional office users.? The building shares its footprint with established tenants, including a LabCorp lab location, adding built-in foot traffic and name recognition to the address.?
The corridor benefits from strong daily traffic counts and excellent visibility, along with a stop directly on Salem's Cherriots transit line, making the location convenient for both driving and public transit access.? Its central position offers straightforward connectivity to downtown Salem, I-5, and West Salem, putting tenants and their clients within easy reach of the wider Salem area.? An ample on-site parking lot rounds out the practical appeal for a high-visitor-volume medical or professional office use.?
Property Facts
Amenities
- Bus Line
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Health Care and Social Assistance
- -
- -
- -
- -
Labcorp donne tout, parce que tout ce qu'il fait a le potentiel de changer des vies. C'est une entreprise mondiale des sciences de la vie et des soins de santé qui exploite la science au service du bien humain. Chaque jour, leur mission est d'améliorer la santé et d'améliorer les conditions de vie. Ce sont des scientifiques, des chercheurs médicaux, des médecins et des professionnels de la santé. Ce sont les gens d'abord. Les gens qui se tournent vers la science pour trouver des réponses qui mèneront à une vie meilleure et plus saine. Depuis plus de 50 ans, leurs découvertes et leurs idées ont fait éclabousser la norme et ont contribué à faire des différences réelles et significatives pour les gens du monde entier.
- Laboratory Corporation of America
- -
- -
- $25.65 CAD
- Triple Net
- -
-
- Health Care and Social Assistance
- -
- -
- -
- -
En partenariat avec les membres des communautés qu'ils desservent, Options Counseling and Family Services favorise la sécurité, la guérison et l'autonomisation des personnes et des familles. Options Counseling and Family Services soutient la santé, la sécurité, l'équité et le bien-être de nos clients, familles, employés et collectivités.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | - | - | - | |
| Laboratory Corporation of America | - | - | $25.65 CAD | Triple Net | - | |
|
|
Health Care and Social Assistance | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Beautiful Medical Office Suite Available on the Liberty St Corridor! This 2,050 SF ground floor suite offers 4 private offices plus 3 exam rooms with sinks, 2 private restrooms and a large breakroom. Entrance shares a large reception/waiting area with LabCorp. Space has a giant reception space with privacy glass, tons of built ins and plenty of storage throughout. Ample parking lot. Great location just South of Salem’s Downtown Central Business District and minutes to Salem Hospital.
Beautiful Medical Office Suites Available on the Liberty St Corridor! 1535 A is 2,050 SF of ground floor space and offers 4 private offices, plus 3 exam rooms with sinks, 2 private restrooms and a large breakroom. Space features a giant reception with privacy glass, tons of built-ins and plenty of storage throughout. Space has a 2nd entrance. 1535 B is 1,873 SF and is built out as a full medical/lab space and features 5 private rooms, 2 of which are oversized and include sinks, an expansive lab with ample counter space, a nice breakroom and 1 private restroom. Space also features a nice waiting area and welcoming private reception office with privacy glass, which could be used as an additional office. Suite also has a 2nd entrance opening to the parking lot in back. These suites can be combined for a total of 3,923 SF. The Main entrance for both suites share a large reception/waiting area and share the private parking lot with ample parking spaces. This property is in a great location, just S of Downtown and minutes to Salem Hospital.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 1535 Ste A | 2,050 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1535 Ste B | 1,873 SF | Office | Full Build-Out | Now |
1st Fl-Ste 1535 Ste A
| Size |
| 2,050 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1535 Ste B
| Size |
| 1,873 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1535 Ste A
| Size | 2,050 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Beautiful Medical Office Suite Available on the Liberty St Corridor! This 2,050 SF ground floor suite offers 4 private offices plus 3 exam rooms with sinks, 2 private restrooms and a large breakroom. Entrance shares a large reception/waiting area with LabCorp. Space has a giant reception space with privacy glass, tons of built ins and plenty of storage throughout. Ample parking lot. Great location just South of Salem’s Downtown Central Business District and minutes to Salem Hospital.
1st Fl-Ste 1535 Ste B
| Size | 1,873 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Beautiful Medical Office Suites Available on the Liberty St Corridor! 1535 A is 2,050 SF of ground floor space and offers 4 private offices, plus 3 exam rooms with sinks, 2 private restrooms and a large breakroom. Space features a giant reception with privacy glass, tons of built-ins and plenty of storage throughout. Space has a 2nd entrance. 1535 B is 1,873 SF and is built out as a full medical/lab space and features 5 private rooms, 2 of which are oversized and include sinks, an expansive lab with ample counter space, a nice breakroom and 1 private restroom. Space also features a nice waiting area and welcoming private reception office with privacy glass, which could be used as an additional office. Suite also has a 2nd entrance opening to the parking lot in back. These suites can be combined for a total of 3,923 SF. The Main entrance for both suites share a large reception/waiting area and share the private parking lot with ample parking spaces. This property is in a great location, just S of Downtown and minutes to Salem Hospital.
Property Taxes
| Parcel Number | 579555 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,195,332 CAD |
Property Taxes
Contacts
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Curt Arthur, SIOR -
Nick Williams, CCIM -
Toran Schmidgall -
Eric Anderson -
Tamara Fuller -
Capacity Commercial Group LLC
Presented by
1515 - 1535 Liberty St SE | 1515-1535 Liberty St SE
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