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Salem's Historic Grand 181-195 High St NE
300 - 5,431 SF of Space Available in Salem, OR 97301
Highlights
- Salem's Historic Grand is an opportunity to lease 225 to 8571 square feet of office, retail, theater, and event space in Willamette Valley.
- Featuring secured entry with security cameras, on-site property management, access to shared conference rooms, and ample parking.
- Located at the signaled intersection of High Street NE and Court Street NE, the property receives exposure and visibility from 7,870 vehicles daily.
- Find nearby landmarks like the Marion County Court, Salem Hospital, and Oregon State Capitol, plus conveniences like Starbucks and Wells Fargo.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Brick Room | 4,000 SF | Negotiable | $18.96 /SF/YR $1.58 /SF/MO $75,840 /YR $6,320 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 202 | 300 SF | Negotiable | $24.60 /SF/YR $2.05 /SF/MO $7,380 /YR $615.00 /MO | Full Service | ||
| 2nd Floor, Ste 204 | 502 SF | Negotiable | $24.60 /SF/YR $2.05 /SF/MO $12,349 /YR $1,029 /MO | Full Service | ||
| 2nd Floor, Ste 211/212 | 629 SF | Negotiable | $24.60 /SF/YR $2.05 /SF/MO $15,473 /YR $1,289 /MO | Full Service |
1st Floor, Ste Brick Room
Landlord offering 3 months rent abatement. First floor retail / office space available for immediate occupancy. Featuring historic beams and exposed brickwork, this location is ideal for professional services with desired street frontage.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Landlord offering 3 months rent abatement
2nd Floor, Ste 202
- Rate includes utilities, building services and property expenses
2nd Floor, Ste 204
With an exposed brick light hall, there is abundant natural light cascading into the 502 SF office suite.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Space is in Excellent Condition
2nd Floor, Ste 211/212
Former salon space
- Rate includes utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 181-195 High St NE , Salem, OR 97301
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.62/1,000 SF |
| Gross Leasable Area | 38,450 SF | Cross Streets | court street NE |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 38,450 SF |
| Year Built | 1900 |
| Parking Ratio | 0.62/1,000 SF |
| Cross Streets | court street NE |
About the Property
Salem's Historic Grand at 181-195 High Street NE is a 38,450-square-foot, multi-tenant, mixed-use building with a vibrant tenant mix in the heart of the Willamette Valley. Constructed in 1900 with over $2.5 million invested in recent upgrades, the building features three floors of retail, office, theater, event, and conference spaces. Historically known as the Chemeketa Lodge No. 1, Odd Fellows Building, and now Salem's Historic Grand, this building has been a gathering space for over a century. Within a Walker's Paradise, Salem's Historic Grand is ideal for meeting, shopping, working, and picking up lunch or coffee nearby. This complex makes for easy commuting around the greater Salem area as it is two blocks from the Interstate 5 and Highway 22 exits. Situated on the corner of High Street NE and Court Street NE, this property is the transition point between public and private business in Salem's downtown core. For a landmark property with incredible accessibility, look no further than Salem's Historic Grand.
- 24 Hour Access
- Bus Line
- Fireplace
- Property Manager on Site
- Restaurant
- Signage
- Signalized Intersection
- Skylights
- Accent Lighting
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
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Salem's Historic Grand | 181-195 High St NE
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