WaterPlace

For Lease

500 Liberty Street SE, Suite 400, Salem, OR 97301

The total number of office spaces available at WaterPlace is 1. Leasing opportunities in the building include general office. There is a total of 5,099 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 5,099 square feet.

Space Available For Lease 1

Contacts

broker
Peter Braunworth

Coho Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 41,400 SF
  • Lot Size 0.55 Acre
  • Parking Spaces Avail. 120
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Building Class A
  • Year Built 2010
  • Date Updated Jul 25, 2025
Welcome to WaterPlace, Salem and the Willamette Valley’s finest and most distinctive office building. Featuring best-in-class design, finishes, functionality, amenities and location, it is truly in a class by itself, setting the benchmark standard by which all other professional office buildings in the market are compared. From its one-of-a-kind setting along the banks of beautiful Pringle Creek, tenants are treated to unmatched views of the surrounding natural habitat, downtown Salem, State Capitol, Civic Center, Salem Library and Riverfront Park and Amphitheater to the west. With a prime location at the southern edge of downtown Salem, WaterPlace tenants enjoy convenient walking-distance access to the best of downtown eateries, shopping and services. Salem Health-Hospital is a short 5-minute walk to the east, making the location ideal for medical service providers. The State Capitol and numerous government and judiciary buildings are all easily accessible. WaterPlace was the first, and as yet only, privately developed building in Salem to achieve LEED Platinum status for sustainability. Tenants benefit from increased energy efficiencies, large amounts of natural light, operable windows, higher indoor air quality, a shower facility and bike storage and a host of other sustainable building features and amenities. Additional tenant amenities include abundant free client parking, access to a roof-top patio, a creekside plaza and the new home of Cascadia Pizza Company restaurant. Now available: Suite 400, 5,099 SF of medical or professional office space, located on the 4th floor Canopy level.With a spectacular 4th Floor Canopy Level location, enjoying 360-degree views and directly over Pringle Creek, Suite 400 is a beautifully finished, turn-key medical office space. Featuring 10’ ceilings, incredible views, fresh air, abundant natural light and privacy. The suite is outfitted with a spacious waiting area, a large, multi-station reception, seven (7) exam/treatment rooms, six (6) private offices, large kitchen/break room, two (2) storage rooms and one (1) private (in suite) restroom. Suitable for most medical practitioners or conversion to a non-medical professional office.
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Highlights

  • Conversion to non-medical professional office use and demising would be considered, subject to acceptable negotiable terms.
  • Large private offices and exam/treatment rooms provide for maximum flexibility of uses and needs.
  • Tastefully finished and thoughtfully designed throughout, Suite 400 features a turn-key ready opportunity for a medical practice – a rare opportunity in the marketplace.
  • With offices and exam spaces encompassing all four building elevations, the space enjoys truly exceptional views, natural lighting, fresh air and a professional ambiance that is unrivaled in the local office market.

Getting around

  • 78/100

    Walk Score ®

  • 57/100

    Transit Score ®

  • 72/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Salem

    0.65 miles

  • Brooks Historical Society Depot

    8.60 miles

  • Hopmere Station

    8.69 miles

  • Blink

    0.06 miles

  • Arco Gas Station

    0.28 miles

  • ChargePoint

    0.70 miles

  • Pacific Pride

    0.78 miles

  • Shell

    0.85 miles

  • Circle K

    0.93 miles

  • Arco

    1.00 miles

  • Space Age

    1.16 miles

  • Chevron

    1.20 miles

  • City of Salem Fuel Island

    1.43 miles

  • Pringle Parkade

    0.09 miles

  • Salem Library Parkade

    0.14 miles

  • M Lot

    0.23 miles

  • Liberty Square Parkade

    0.23 miles

  • B Lot

    0.28 miles

  • Reserved Lot A

    0.29 miles

  • Permit Parking

    0.29 miles

  • Riverfront Park (South Lot)

    0.30 miles

  • Visitor Parking

    0.38 miles

  • Patient Visitor Parking Garage

    0.45 miles

  • Grand Hotel

    0.19 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    0.26 miles

  • Knights Inn

    0.91 miles

  • Howard Johnson by Wyndham Salem

    1.44 miles

  • Mill Creek Inn

    2.35 miles

  • Home2 Suites

    2.43 miles

  • Hampton Inn & Suites

    2.44 miles

  • Shilo Inn and Suites

    2.44 miles

  • La Quinta Inn

    2.45 miles

  • Motel 6 Salem

    2.47 miles

  • Pringle Park Plaza

    0.08 miles

  • Reed Opera House

    0.35 miles

  • Salem Center (South)

    0.49 miles

  • Ross

    0.55 miles

  • Salem Center (North)

    0.57 miles

  • Macy's

    0.58 miles

  • Kohl's

    0.59 miles

  • Safeway

    0.85 miles

  • Grocery Outlet

    0.95 miles

  • Roth's

    1.12 miles

500 Liberty Street SE, Suite 400 Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 500 Liberty Street SE, Suite 400 has to offer.

  • The property offers a parking ratio of 3.00 / 1,000 SF, which translates to a total of 120 parking spaces. See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Central Salem neighborhood of Salem and located within zip code 97301.

    500 Liberty Street SE, Suite 400 was originally completed in 2010 and is rated class A. The building includes 41,400 square feet, of which 5,099 square feet is rentable office space.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Peter Braunworth

Coho Commercial

  1. 1Main information
  2. 2Extra information
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