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249 liberty St NE
Salem, OR 97301
PGE - Yeater Properties · Property For Sale
·
45,673 SF Total
Investment Highlights
- 1917/1920 - Listed with National Historic District
- On Salem's "Electric Alley"
- 2006 Full Remodel
Executive Summary
Side-by-side iconic mixed-use buildings in downtown Salem, fully remodeled in 2006. Rent roll features one of Salem's finest restaurants, The Cozy Taberna, as well as a mix of office, residential, and other retail tenants. Lots of exposed concrete walls, with Salem's own Electric Alley directly behind the building and next door to The Forge, a fully renovated 4-story commercial building featuring Clink! restaurant, Jade Dumpling & Noodle House, Anthem Strategies, and many more.
Property Facts
| Price / SF | $180.11 / SF | Number of Properties | 2 |
| Cap Rate | 7% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 45,673 SF |
| Status | Active | Total Land Area | 0.30 AC |
| Price / SF | $180.11 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 45,673 SF |
| Total Land Area | 0.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 255 Liberty St NE, Salem, OR 97301 | Office | 21,673 SF | 1920 | - |
|
Yeater Building
249 liberty St NE, Salem, OR 97301 |
Retail | 24,000 SF | 1927 | - |
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