Map of Property

Downtown Retail Center

For Lease

305-355 Liberty St NE, Salem, OR 97301

You can currently find 11 retail space(s) available for lease at Downtown Retail Center. Designated use type for space listed here includes retail. Current retail listings at this property total 50,950 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Downtown Retail Center.

Space Available For Lease 11

Contacts

Alvin J. Nash

Tradition Real Estate Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 102,500 SF
  • Lot Size 0.32 Acre
  • Date Updated May 20, 2026
Located on the corner of Liberty and Chemeketa Street in NE Salem on a signaled intersection in downtown Salem. Across the street from The Forge and Salem Center Mall.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 rather than a pre-configured concept. The first floor offers large-format opportunities with spaces generally ranging from 5,000 to 10,000 SF, well suited for retail, showroom, entertainment, or experiential uses. The second floor provides flexible suites in the 4,000 to 6,000 SF range, ideal for creative, fitness, or service-oriented users seeking downtown visibility with adaptable layouts. The basement level features 5,000 to 6,000 SF spaces that can accommodate a variety of uses requiring functional, back-of-house, production, or destination-style layouts. The building is equipped with a freight elevator and loading dock, supporting efficient operations and tenant build-outs across all levels. With its central downtown location, substantial floor plates, 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. With 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.
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Highlights

  • 102,500 SF - Divisible to 5,000+ SF Spaces
  • Customizable Build-Outs
  • Downtown Redevelopment at Former JC Penney Building
  • Flexible Customization Across Three Levels
  • Freight Elevator and On-Site Loading Dock
  • Ideal for Retail, Fitness, Creative, and Destination Uses
  • Prime Location at Signaled Intersection

Getting around

  • 84/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    0.86 miles

  • Brooks Historical Society Depot

    8.13 miles

  • Hopmere Station

    8.21 miles

  • Blink

    0.04 miles

  • ChargePoint

    0.43 miles

  • Circle K

    0.70 miles

  • Pacific Pride

    0.71 miles

  • Arco Gas Station

    0.73 miles

  • Space Age

    0.88 miles

  • 76

    1.02 miles

  • Arco

    1.03 miles

  • Shell

    1.18 miles

  • Chevron

    1.68 miles

  • Chemeketa Parkade

    0.04 miles

  • Marion Parkade

    0.19 miles

  • Riverfront Park (North Lot)

    0.20 miles

  • Liberty Square Parkade

    0.24 miles

  • Riverfront Park (South Lot)

    0.32 miles

  • Pringle Parkade

    0.41 miles

  • Green Lot - Dept of Admin Services

    0.45 miles

  • Reserved Lot A

    0.48 miles

  • Permit Parking

    0.56 miles

  • Salem Library Parkade

    0.61 miles

  • Golden Crown

    0.03 miles

  • Fresh Elements

    0.04 miles

  • Rudy's Steakhouse

    0.05 miles

  • Chronic Tacos

    0.07 miles

  • Straight From New York Pizza (Downtown)

    0.08 miles

  • Thai Orchid Restaurant

    0.08 miles

  • India Palace

    0.08 miles

  • Charleys Philly Steaks

    0.09 miles

  • Court Street Dairy Lunch

    0.09 miles

  • Crazy Fruits

    0.09 miles

  • Salem Center (South)

    0.07 miles

  • Ross

    0.08 miles

  • Salem Center (North)

    0.12 miles

  • Reed Opera House

    0.12 miles

  • Kohl's

    0.15 miles

  • Macy's

    0.17 miles

  • Pringle Park Plaza

    0.41 miles

  • Grocery Outlet

    0.47 miles

  • Safeway

    0.68 miles

  • Roth's

    0.80 miles

305-355 Liberty St NE Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    305-355 Liberty St NE is located in Central Salem, which is home to a total of 45 listing(s). Retail space at Downtown Retail Center asks $0.86/SF/MO per square foot.

  • The property includes 50,950 square feet of retail space for lease. Of this total, 50,950 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Central Salem is 34. The average household income here is $60,422 per year.

Contact Listing Broker
Alvin J. Nash

Tradition Real Estate Partners

  1. 1Main information
  2. 2Extra information
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