1515 - 1535 Liberty St SE, Salem, OR 97302 For Sale

A well-located medical and professional office investment on Salem's established Liberty Street corridor, just south of Downtown Salem and minutes 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.

The building's main floor has historically been configured as two suites — a medical suite of roughly 3,923 SF and a professional office suite of roughly 4,785 SF — offering flexibility for a single-tenant user, a split-lease investment, or repositioning to maximize medical-use demand along this corridor. The property benefits from proximity to Salem Health and other medical offices, strong traffic counts, direct access to Salem's Cherriots transit line, and central connectivity to downtown Salem, I-5, and West Salem — all factors that support durable tenant demand in this location.

Positioned along Salem's sought-after Liberty Street corridor, this property sits just south of Downtown Salem's Central Business District and only minutes from Salem Hospital — a location that's long made it a preferred address for medical and professional office users. The building shares its footprint with established tenants, including a LabCorp lab location, adding built-in foot traffic and name recognition to the address.

The corridor benefits from strong daily traffic counts and excellent visibility, along with a stop directly on Salem's Cherriots transit line, making the location convenient for both driving and public transit access. Its central position offers straightforward connectivity to downtown Salem, I-5, and West Salem, putting tenants and their clients within easy reach of the wider Salem area. An ample on-site parking lot rounds out the practical appeal for a high-visitor-volume medical or professional office use.