How much does Street Retail space at PGE - Yeater Building cost?

The average rental rate for this retail space is $875.36/SF/YR, with rates starting at $2.15/SF/YR.

What kind of retail space can I rent here?

PGE - Yeater Building totals 34,659 SF. There are 6 Creative Office and Street Retail spaces for rent. The total retail space available is 7,466 SF.

How many parking spots are available at PGE - Yeater Building?

Parking information for the property isn't currently listed. However, other nearby parking options include Chemeketa Parkade, located 0.06 miles away , and Liberty Square Parkade, which is 0.18 miles away.

249 -255 Liberty Street Southeast, Salem, OR 97301

For Lease $15.38 - $29.74/SF/YR
Property Type Retail - Street Retail
Property Size 34,659 SF
Lot Size 0.15 Acre
Property Tenancy Multi-Tenant
Year Built 1927
Year Renovated 2006
Date Updated Sep 3, 2026

Description

In the heart of downtown Salem. Next door to the fully redeveloped The Forge building. Chemeketa Parkade is a block away for employee parking.Side by Side iconic mixed-use buildings in downtown Salem fully remodeled in 2006. Rent roll features one of Salem's finest restaurants, The Cozy Taberna, as well as a mix of office, residential, and other retail tenants. Lots of exposed concrete walls with Salem's own Electric Alley directly behind the building and next door to The Forge, a full renovated 4-story commercial building featuring Clink! restaurant, Jade Dumpling & Noodle House, Anthem Strategies, and many more.From small spaces to over 4,000 SF of street front retail, these side by side buildings have a number of inexpensive leasing options in the heart of downtown Salem. Basement options have plumbing so could work for a prep kitchen, light manufacturing, assembly, office incubator, or young church. The ground floor was formerly a very nice beauty school with tons of plumbing so the options are endless, including restaurant.

Highlights

Affordable rent
Office and retail options
Options from 500 to 4,000 SF

6 Spaces Available

100

Space Type

Creative Office

Lease Rate

$912.00/MO

Total Space

636 SF

Divisible Space

636 - 636 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

Modern industrial style office suite for lease in the iconic PGE YEATER Building located in Downtown Salem! Suite 100 is approx 636 SF & is located on the main floor & features tall ceilings, beautiful LVP floors, enough room for desks & a conf table plus a storage room. This popular building is located between Court & Chemeketa on Liberty. The building is secure access w/ an app. Co-tenants include The Cozy Taberna, Kraftworks Taphouse, LeMotive Salon, Rejuven8 & more! Tenant pays separately metered electric, internet/phone & in-suite janitorial. No Elevator. Building is secure access on Open Path.

130

Space Type

Creative Office

Lease Rate

$1,576.00/MO

Total Space

636 SF

Divisible Space

636 - 636 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

Ground floor suite in the PGE/Yeater building. Tall ceilings, great lighting.

160

Space Type

Street Retail

Lease Rate

$2.15/SF/MO

Total Space

4,045 SF

Divisible Space

4,045 - 4,045 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

Turnkey

Yes

Former Johnny Matthews Hair Academy, this street level retail space now available in the modern industrial PGE/Yeater Buildings. This beautiful space boasts floor to ceiling windows facing Liberty St, is approx. 4,045 SF & is currently set up as a turn-key full service salon but could easily be converted to restaurant or coffee house with all the plumbing. Additional room w/ sink plus 2 more plumbing fixtures! There are 2 private offices & 2 large open rooms. Space can absolutely be a great fit for any retail/office use & can be demised into 2 or more smaller suites! Co-tenants include The Cozy Taberna, Kraftworks Taphouse, Bia Strength Collective and more! Located next door to The Forge.

80

Space Type

Creative Office

Lease Rate

$773.00/MO

Total Space

600 SF

Divisible Space

600 - 600 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

B10

Space Type

Creative Office

Lease Rate

$750.00/MO

Total Space

585 SF

Divisible Space

585 - 585 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

Basement level open space. Very light and bright.

Contacts

Curt Arthur, SIOR

Capacity Commercial Group

Location

Located at 249 -255 Liberty Street Southeast, Salem, OR 97301, this property is part of the Central Salem neighborhood and Eugene market.

Map
Street

79/100 Very Walkable
61/100 Good Transit
89/100 Very Bikeable

Contact Listing Broker

Curt Arthur, SIOR

Capacity Commercial Group

First name

Last name

Phone number

Capacity range

Company

Monthly budget

Message

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CommercialCafe is a marketing lead generator. By continuing, you agree to the CommercialCafe Terms Of Service and Privacy Policy.

PGE - Yeater Building