- For Lease $1.75/SF/MO
- Property Type Office - General Office
- Property Size 23,411 SF
- Lot Size 0.57 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1964
- Date Updated Aug 12, 2026
Description
Set at the highly visible corner of High St & Ferry St, the Kenneth A. Holmes Building sits in the heart of Downtown Salem's Central Business District. This Class B office building offers striking glass curb appeal and is a recognizable presence at one of downtown's busiest intersections.
Tenants and visitors benefit from a rare downtown amenity: a secure, gated private parking garage on the upper level, along with a private, secured parking lot — a standout feature in an area where downtown parking is often at a premium. The building's location puts it just two blocks from the Salem Convention Center, and within easy walking distance of downtown Salem's restaurants, retail, and government and business services.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.Located in the heart of downtown Salem's Commercial/Business District, the Kenneth Holmes Building sits at the high-visibility corner of High St and Ferry St SE — steps from the Oregon State Capitol, Marion County courts, and Salem's civic core. This ±5,662 square foot second-generation office suite was most recently occupied by ODEC (Oregon Direct Energy Cooperative) and offers a professional, move-in-ready layout ideal for a legal, government, association, or professional services tenant.
Highlights
- 5,662 rentable square feet of built-out office space
- ADA-accessible entrance
- Conference room(s) and open work areas
- Efficient floor plan with existing built-ins and storage
- Located in a well-established downtown Salem office building with on-site/nearby parking
- Multiple private offices suitable for staff and leadership
- Reception area and welcoming client/visitor lobby
True
1 Space Available
222
Space Type
Office
Lease Rate
$1.75/SF/MO
Total Space
5,662 SF
Floor
1
Divisible Space
5,662 - 5,662 SF
Available Date
Immediate
Lease Type
Full Service
Renewal Option
Yes
Sublease
No
Contacts
Arthur Curt
Capacity Commercial Group/CORFAC International
Location
Located at 200 - 234 High Street Northeast, Salem, OR 97301, this property is part of the Central Salem neighborhood and Eugene market.
Contact Listing Broker
Arthur Curt
Capacity Commercial Group/CORFAC International