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305 Liberty St NE
Salem, OR 97301
Downtown Retail - Previous JC Penny Building · Retail Property For Lease · 18,032 SF

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Highlights

  • Downtown Redevelopment at Former JC Penney Building
  • Flexible Customization Across Three Levels
  • Customizable Build-Outs
  • Prime Location at Signaled Intersection
  • 102,500 SF Divisible to 5,000+ SF Spaces

Property Facts

Total Space Available 18,032 SF
Min. Divisible 1,733 SF
Property Type Retail
Property Subtype Department Store
Gross Leasable Area 102,500 SF
Year Built 1964
Cross Streets Center Street NE

About the Property

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. With its central downtown location 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. 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.

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Listing ID: 39268589

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 305 Liberty St NE, Salem, OR 97301

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