180-199 High St NE
Salem, OR 97301

$1,150,000 - $5,025,000 USD

Storefront Retail Office Condos For Sale • 5,463+ SF

Property Details

Property Type Storefront Retail Office
Total Building Size 38,450 SF
Lot Size 0.13 AC
Year Built 1900
Tenancy Multiple
Zoning CB

61 Transit Score

89 Walk Score

3 Units Available

Name	Condo Use	Size	Price
1st Floor - Unit 220	Office	5,463 SF	$1,150,000 USD
Unit Size: 5,463 SF Condo Use: Office Price: $1,150,000 USD Sale Type: Investment or Owner User Price/SF: $210.51 USD Description The historic building at 183 High St NE once served as Salem's first hotel and has been meticulously maintained and renovated to beautiful office suites. As part of the Courthouse Condominiums, the second and third floor office unit is a separate parcel boasting 6,208 SF between the two levels of office spaces. Sale Notes With some offices featuring historic light halls allowing for ample natural light and others with original exposed brick, each office suite offers different features. The unit includes kitchenette, shared restrooms and ADA accessibility. The income producing suite currently has 1,102 SF vacant for an owner-user.
1st Floor - Unit The Brick Room	Office	9,500 SF	$1,625,000 USD
Unit Size: 9,500 SF Condo Use: Office Price: $1,625,000 USD Sale Type: Investment or Owner User Price/SF: $171.05 USD
1st Floor - Unit The Oddfellows Build	Office	30,937 SF	$5,025,000 USD
Unit Size: 30,937 SF Condo Use: Office Price: $5,025,000 USD Sale Type: Investment or Owner User Price/SF: $162.43 USD

Description

Situated near the corner of High St NE and Court St NE, this property is the transition point between public and private business in Salem's downtown core. The property boasts traffic counts at 7,870 VPD and a vibrant tenant-mix.

                
                    Highlights
                
                                Income-producing office condo
                            
                                Ample light & historic exposed brick finishes
                            
                                ADA accessible 2nd and 3rd floor offices
                            
                                Courthouse Condominium on unique parcel