305 - 321 Court Street NE

Located in the heart of downtown Salem, this property offers a highly walkable location just minutes from the Oregon State Capitol and surrounding State government offices. The property provides convenient access to major transportation routes, including Highway 22 and Interstate 5, connecting Salem to the broader Mid-Willamette Valley and Portland metro area. Its central location places tenants within easy reach of restaurants, retail, professional services, and government amenities.Prominent 17,625 SF two-story office building situated on 0.14 acre in the heart of downtown Salem. The property is 98% leased, offering strong occupancy and stable income, with the restaurant tenant committed to executing a new five year lease upon Closing. Offered at appraised value, the acquisition provides investors an opportunity to acquire a well-occupied downtown asset at a market-supported price.Two second-floor office suites are available in a professional downtown setting. Suites offer flexible office space with access to shared building amenities, providing an efficient and convenient environment for businesses seeking a central Salem location. Convenient access to free client and patron parking at the nearby Chemeketa Parkade.