PGE - Yeater Building

For Lease

249 -255 Liberty Street Southeast, Salem, OR 97301

You can currently find 6 retail space(s) available for lease at PGE - Yeater Building. Designated use type for space listed here includes creative office and street retail. Current retail listings at this property total 7,466 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at PGE - Yeater Building.

Space Available For Lease 6

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 Aug 26, 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

  • Affordable rent
  • Office and retail options
  • Options from 500 to 4,000 SF

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

249 -255 Liberty Street Southeast 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.

    249 -255 Liberty Street Southeast is located in Central Salem, which is home to a total of 50 listing(s). Retail space at PGE - Yeater Building asks $875.36/SF/YR per square foot.

  • The property includes 7,466 square feet of retail space for lease. Of this total, 3,421 square feet are Creative Office, 4,045 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include Modified Gross.

    In addition to retail space, the property also includes 5 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    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.

    249 -255 Liberty Street Southeast was last renovated in 2006.

    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.

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