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Security Building 153-191 High St SE 134 - 1,202 SF of Space Available in Salem, OR 97301
HIGHLIGHTS
- Prime location in Salem’s Downtown Historical District near key landmarks.
- Zoned commercial with paved parking and strong traffic visibility.
- Renovated in 2022 with modern updates and historic charm.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 163 | 637 SF | 3-10 Years | $39.09 CAD/SF/YR $3.26 CAD/SF/MO $24,898 CAD/YR $2,075 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 230/232 | 263 SF | Negotiable | $29.31 CAD/SF/YR $2.44 CAD/SF/MO $7,710 CAD/YR $642.47 CAD/MO | Full Service | ||
| 2nd Floor, Ste 233 | 168 SF | Negotiable | $27.58 CAD/SF/YR $2.30 CAD/SF/MO $4,634 CAD/YR $386.17 CAD/MO | Full Service | ||
| 2nd Floor, Ste 249 | 134 SF | Negotiable | $27.64 CAD/SF/YR $2.30 CAD/SF/MO $3,704 CAD/YR $308.64 CAD/MO | Full Service |
1st Floor, Ste 163
Storefront suite with open floor-plan, large front windows, back room. Has plumbing hookups for sinks in suite as well as backroom. Bathroom and laundry room are located just down the hallway from suite.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Space is in Excellent Condition
2nd Floor, Ste 230/232
Interior suite is a two room suite that is 263 square feet, tenants have access to buildings shared bathrooms, conference rooms, and kitchenette. Parking spaces are available for rent at building.
- Rate includes utilities, building services and property expenses
- Fits 1 - 3 People
- 1 Conference Room
- Space is in Excellent Condition
2nd Floor, Ste 233
Interior suite is 168 square feet and includes two closets, tenants have access to buildings shared bathrooms, conference rooms, and kitchenette. Parking spaces are available for rent at building.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 1 - 2 People
- 1 Private Office
- 1 Conference Room
- Space is in Excellent Condition
- Updated interiors with full-service lease; tenant
2nd Floor, Ste 249
Interior suite is a one room office that is 134 square feet, tenants have access to buildings shared bathrooms, conference rooms, and kitchenette. Parking spaces are available for rent at building.
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- Fits 1 Person
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,202 SF | Gross Leasable Area | 39,482 SF |
| Property Type | Retail | Year Built/Renovated | 1924/2022 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,202 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 39,482 SF |
| Year Built/Renovated | 1924/2022 |
ABOUT THE PROPERTY
Retail and office suites available in the heart of downtown Salem. Storefront suites are excellent for retail or office, these suites have high visibly and traffic. The 1st floor of the building consists of 1 restaurant space, 7 retail spaces, the second floor consists of 46 office spaces.
- Bus Line
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Security Building | 153-191 High St SE
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