1515 - 1535 Liberty St SE

Investment Overview

A well-located medical and professional office investment on Salem's established Liberty Street corridor, just south of Downtown Salem and 1 mile from Salem Hospital. The property spans approximately 8,708 SF across two levels (Class B, built 1972) on a 0.56-acre lot, with 26 on-site parking spaces — a strong ratio for medical and professional office tenancy in this submarket. Building is for sale/lease. Currently two side by side suites of 1,873 and 2,050 SF are available and are adjoined. The third suite of 3,500 SF is leased through 10/2029 with very strong rent and escalations.

Investment Highlights

• For Sale/Lease - Qualifies for SBA financing with 10% down
• Built in 1972 and updated in the last 20 years
• 26 on-site parking spaces
• 3,923 SF available for an owner/occupant