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For Sale

Kenneth A Holmes Building

200 - 234 High Street Northeast,
Salem, OR 97301

Asset Snapshot

1964
Year Built
2
Floor Count
38%
Occupancy

Offering Summary

Investment Overview

A rare opportunity to acquire an iconic downtown Salem office building at one of the city's most visible intersections — High St & Ferry St, in the heart of the Central Business District. The Kenneth A. Holmes Building offers approximately 45,666 SF total, including roughly 22,000 SF of office space leased to multiple tenants, plus a 65-car parking garage — a highly sought-after feature for downtown Salem tenants and a meaningful differentiator from comparable buildings in the area. With its striking glass curb appeal, secure gated parking, and prime corner location just two blocks from the Salem Convention Center, the property offers strong tenant appeal and long-term investment stability in a walkable, amenity-rich downtown setting. This is a well-positioned asset for investors seeking a multi-tenant office property with structured parking income potential in one of Salem's most established commercial districts.


Investment Highlights

  • 23,411 SF building
  • 65-car secure parking garage
  • Prime corner location: High St & Ferry St, Downtown Salem CBD
  • Two blocks from the Salem Convention Center
  • High-visibility, glass-fronted street presence

How it Works

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Listing Syndicated From

Buildout
For Sale
$3,329,000
Asking Price