Roth McGilcrest Building

For Sale

120 Liberty Street Northeast, Salem, OR 97301

This Salem property for sale is located at 120 Liberty Street Northeast. The current listed sale price for Roth McGilcrest Building is $8,250,000. Roth McGilcrest Building is situated on a lot that is 0.48 acre in size.

Contacts

Curt Arthur, SIOR

Capacity Commercial Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 42,205 SF
  • Lot Size 0.48 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Aug 13, 2026
Located in the heart of downtown Salem, The Roth McGilcrest Building offers a rare opportunity to lease space in a character-rich historic building just steps from the Capitol Mall, restaurants, and the Willamette River waterfront. Built in 1916, this two-story commercial building blends old-world charm with a functional, flexible layout — ideal for professional offices, nonprofits, and creative studios.The Roth McGilcrest Building offers investors a turnkey, income-producing mixed-use asset in one of Salem's most sought-after addresses — combining the durability of ground-floor commercial leases with the premium rents and low turnover typical of boutique downtown residential units. Its historic character and adaptive-reuse renovation make it a standout, difficult-to-replicate asset in the downtown core.Experience the perfect blend of historic architectural character and modern usability at 120 Liberty Street Northeast in Salem, OR. This prime downtown location is zoned CB (Central Business), offering a wide range of commercial use possibilities. With excellent walkability and close proximity to State Street, Liberty Street corridor shops, eateries, and the Oregon State Capitol, this property is ideal for businesses seeking a central and vibrant location. On-street and nearby public parking make it convenient for employees and visitors. Don't miss the opportunity to make this unique and versatile space your own.
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Attachments

Getting around

  • 81/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 88/100

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Location

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

Points of Interest

  • Salem

    0.74 miles

  • Brooks Historical Society Depot

    8.28 miles

  • Hopmere Station

    8.37 miles

  • Blink

    0.08 miles

  • ChargePoint

    0.47 miles

  • Arco Gas Station

    0.58 miles

  • Circle K

    0.77 miles

  • Pacific Pride

    0.78 miles

  • Arco

    0.97 miles

  • Space Age

    0.98 miles

  • Shell

    1.04 miles

  • 76

    1.14 miles

  • Chevron

    1.52 miles

  • Liberty Square Parkade

    0.09 miles

  • Chemeketa Parkade

    0.16 miles

  • Riverfront Park (South Lot)

    0.23 miles

  • Pringle Parkade

    0.24 miles

  • Riverfront Park (North Lot)

    0.27 miles

  • Marion Parkade

    0.34 miles

  • Reserved Lot A

    0.34 miles

  • Permit Parking

    0.41 miles

  • Salem Library Parkade

    0.45 miles

  • Visitor Parking

    0.48 miles

  • Ritter's

    0.02 miles

  • Brown's Towne

    0.03 miles

  • Amadeus

    0.03 miles

  • Bigwig Donuts

    0.03 miles

  • Noble Wave

    0.04 miles

  • W. Wallace

    0.04 miles

  • 503 Sushi Bar

    0.05 miles

  • Damascus Kitchen

    0.05 miles

  • Palomino's

    0.05 miles

  • Chubby Bao House

    0.06 miles

  • Reed Opera House

    0.05 miles

  • Salem Center (South)

    0.18 miles

  • Ross

    0.23 miles

  • Pringle Park Plaza

    0.25 miles

  • Salem Center (North)

    0.25 miles

  • Macy's

    0.28 miles

  • Kohl's

    0.28 miles

  • Grocery Outlet

    0.64 miles

  • Safeway

    0.69 miles

  • Roth's

    0.91 miles

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