WaterPlace

500 Liberty Street SE, Suite 400, Salem, OR 97301

  • For Lease $35.40/SF/YR
  • Property Type Office - General Office
  • Property Size 41,400 SF
  • Lot Size 0.55 Acre
  • Parking Spaces Avail. 120
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Building Class A
  • Year Built 2010
  • Date Updated Jul 25, 2025
Welcome to WaterPlace, Salem and the Willamette Valley’s finest and most distinctive office building. Featuring best-in-class design, finishes, functionality, amenities and location, it is truly in a class by itself, setting the benchmark standard by which all other professional office buildings in the market are compared. From its one-of-a-kind setting along the banks of beautiful Pringle Creek, tenants are treated to unmatched views of the surrounding natural habitat, downtown Salem, State Capitol, Civic Center, Salem Library and Riverfront Park and Amphitheater to the west. With a prime location at the southern edge of downtown Salem, WaterPlace tenants enjoy convenient walking-distance access to the best of downtown eateries, shopping and services. Salem Health-Hospital is a short 5-minute walk to the east, making the location ideal for medical service providers. The State Capitol and numerous government and judiciary buildings are all easily accessible. WaterPlace was the first, and as yet only, privately developed building in Salem to achieve LEED Platinum status for sustainability. Tenants benefit from increased energy efficiencies, large amounts of natural light, operable windows, higher indoor air quality, a shower facility and bike storage and a host of other sustainable building features and amenities. Additional tenant amenities include abundant free client parking, access to a roof-top patio, a creekside plaza and the new home of Cascadia Pizza Company restaurant. Now available: Suite 400, 5,099 SF of medical or professional office space, located on the 4th floor Canopy level.With a spectacular 4th Floor Canopy Level location, enjoying 360-degree views and directly over Pringle Creek, Suite 400 is a beautifully finished, turn-key medical office space. Featuring 10’ ceilings, incredible views, fresh air, abundant natural light and privacy. The suite is outfitted with a spacious waiting area, a large, multi-station reception, seven (7) exam/treatment rooms, six (6) private offices, large kitchen/break room, two (2) storage rooms and one (1) private (in suite) restroom. Suitable for most medical practitioners or conversion to a non-medical professional office.
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Highlights

  • Conversion to non-medical professional office use and demising would be considered, subject to acceptable negotiable terms.
  • Large private offices and exam/treatment rooms provide for maximum flexibility of uses and needs.
  • Tastefully finished and thoughtfully designed throughout, Suite 400 features a turn-key ready opportunity for a medical practice – a rare opportunity in the marketplace.
  • With offices and exam spaces encompassing all four building elevations, the space enjoys truly exceptional views, natural lighting, fresh air and a professional ambiance that is unrivaled in the local office market.

Spaces Available

Contacts

broker

Coho Commercial

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Transit Score ®

    57/100 Good Transit
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    0.65 miles

  • Brooks Historical Society Depot

    8.60 miles

  • Hopmere Station

    8.69 miles

  • Blink

    0.06 miles

  • Arco Gas Station

    0.28 miles

  • ChargePoint

    0.70 miles

  • Pacific Pride

    0.78 miles

  • Shell

    0.85 miles

  • Circle K

    0.93 miles

  • Arco

    1.00 miles

  • Space Age

    1.16 miles

  • Chevron

    1.20 miles

  • City of Salem Fuel Island

    1.43 miles

  • Pringle Parkade

    0.09 miles

  • Salem Library Parkade

    0.14 miles

  • M Lot

    0.23 miles

  • Liberty Square Parkade

    0.23 miles

  • B Lot

    0.28 miles

  • Reserved Lot A

    0.29 miles

  • Permit Parking

    0.29 miles

  • Riverfront Park (South Lot)

    0.30 miles

  • Visitor Parking

    0.38 miles

  • Patient Visitor Parking Garage

    0.45 miles

  • Grand Hotel

    0.19 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    0.26 miles

  • Knights Inn

    0.91 miles

  • Howard Johnson by Wyndham Salem

    1.44 miles

  • Mill Creek Inn

    2.35 miles

  • Home2 Suites

    2.43 miles

  • Hampton Inn & Suites

    2.44 miles

  • Shilo Inn and Suites

    2.44 miles

  • La Quinta Inn

    2.45 miles

  • Motel 6 Salem

    2.47 miles

  • Basil & Board

    0.01 miles

  • Marco Polo

    0.10 miles

  • Gamberreti's

    0.11 miles

  • DaVinci Ristorante

    0.24 miles

  • Fuji Rice Time

    0.25 miles

  • Rex

    0.26 miles

  • Fork Forty

    0.26 miles

  • La Lucciola

    0.26 miles

  • Chubby Bao House

    0.27 miles

  • Damascus Kitchen

    0.27 miles

  • Atkinson Graduate School of Management

    0.32 miles

  • Collins Legal Center

    0.34 miles

  • Ink Theory Tattoo School

    0.40 miles

  • Johnny Matthew's Hairdressing Training School

    0.41 miles

  • Portland State University

    0.47 miles

  • Saint Joseph Catholic School

    0.57 miles

  • Willamette University

    0.61 miles

  • Bilingual Gateway School

    0.72 miles

  • St. John School for Early Learners

    0.77 miles

  • Bush Elementary

    0.77 miles

  • Little Village Learning Center

    0.06 miles

  • Little Friends Montessori School

    0.49 miles

  • Wallace Learning Center

    0.93 miles

  • East Salem Headstart (pre-school)

    3.52 miles

  • Kuebler Early Learning Center

    3.73 miles

Frequently Asked Questions

What is the price for renting office space at WaterPlace?

The price for office space here is $35.40/SF/YR.

What type of office space is available to lease at WaterPlace?

The property includes 1 Office space. Availabilities total 5,099 square feet of office space. The property offers Multi-Tenant commercial space.

Does WaterPlace have parking?
Yes, the property offers 120 parking spaces with a parking ratio of 3.00 / 1,000 SF.
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Coho Commercial

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