PGE - Yeater Building

For Sale

249 -255 Liberty Street Southeast, Salem, OR 97301

This Salem property for sale is located at 249 -255 Liberty Street Southeast. The current listed sale price for PGE - Yeater Building is $8,226,000. PGE - Yeater Building is situated on a lot that is 0.15 acre in size.

Contacts

Curt Arthur, SIOR

Capacity Commercial Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 34,659 SF
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1927
  • Year Renovated 2006
  • Date Updated Sep 19, 2026
In the heart of downtown Salem. Next door to the fully redeveloped The Forge building. Chemeketa Parkade is a block away for employee parking.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 full renovated 4-story commercial building featuring Clink! restaurant, Jade Dumpling & Noodle House, Anthem Strategies, and many more.From small spaces to over 4,000 SF of street front retail, these side by side buildings have a number of inexpensive leasing options in the heart of downtown Salem. Basement options have plumbing so could work for a prep kitchen, light manufacturing, assembly, office incubator, or young church. The ground floor was formerly a very nice beauty school with tons of plumbing so the options are endless, including restaurant.
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Highlights

  • 1917/1920 - Listed with National Historic District
  • 2006 Full Remodel
  • On Salem's "Electric Alley"

Getting around

  • 79/100

    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

    0.82 miles

  • Brooks Historical Society Depot

    8.19 miles

  • Hopmere Station

    8.28 miles

  • Blink

    0.04 miles

  • ChargePoint

    0.45 miles

  • Arco Gas Station

    0.67 miles

  • Circle K

    0.71 miles

  • Pacific Pride

    0.72 miles

  • Space Age

    0.90 miles

  • Arco

    1.02 miles

  • 76

    1.08 miles

  • Shell

    1.13 miles

  • Chevron

    1.62 miles

  • Chemeketa Parkade

    0.06 miles

  • Liberty Square Parkade

    0.18 miles

  • Riverfront Park (North Lot)

    0.20 miles

  • Marion Parkade

    0.25 miles

  • Riverfront Park (South Lot)

    0.27 miles

  • Pringle Parkade

    0.34 miles

  • Reserved Lot A

    0.43 miles

  • Green Lot - Dept of Admin Services

    0.47 miles

  • Permit Parking

    0.51 miles

  • Salem Library Parkade

    0.55 miles

  • Straight From New York Pizza (Downtown)

    0.02 miles

  • India Palace

    0.02 miles

  • Court Street Dairy Lunch

    0.04 miles

  • Chronic Tacos

    0.04 miles

  • Thai Orchid Restaurant

    0.04 miles

  • Rudy's Steakhouse

    0.04 miles

  • Precious Pizza

    0.05 miles

  • 503 Sushi Bar

    0.06 miles

  • Chira's Restaurant And Catering

    0.06 miles

  • Noble Wave

    0.07 miles

  • Reed Opera House

    0.06 miles

  • Salem Center (South)

    0.10 miles

  • Ross

    0.14 miles

  • Salem Center (North)

    0.17 miles

  • Kohl's

    0.20 miles

  • Macy's

    0.21 miles

  • Pringle Park Plaza

    0.35 miles

  • Grocery Outlet

    0.53 miles

  • Safeway

    0.69 miles

  • Roth's

    0.83 miles

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