WaterPlace

For Lease 14,945 SF

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

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.

Key features

  • 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.

Rental Details

  • Number of spaces 5
  • Total square feet available 14,945 SF
  • For Lease $35.40/SF/YR
  • Space Type General Office
  • Lease Type Full Service
  • Latest Update Aug 3, 2026
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5 Spaces Available

400

Space Type
General Office
Lease Rate
$35.40/SF/YR
Total Space
5,099 SF
Floor
4
Lease Type
Full Service

400

Space Type
General Office
Lease Rate
$35.40/SF/YR
Total Space
3,337 SF
Floor
4
Lease Type
Full Service

400

Space Type
General Office
Lease Rate
$35.40/SF/YR
Total Space
2,829 SF
Floor
4
Lease Type
Full Service

420

Space Type
General Office
Lease Rate
$35.40/SF/YR
Total Space
2,094 SF
Floor
4
Lease Type
Full Service

420

Space Type
General Office
Lease Rate
$35.40/SF/YR
Total Space
1,586 SF
Floor
4
Lease Type
Full Service

Contacts

Peter Braunworth

Coho Commercial

Building Details

  • For Lease $35.40/SF/YR
  • Property Type Office - General Office
  • Property Size 41,400 SF
  • Lot Size 0.55 Acre
  • Additional Rent Price on request
  • 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 Aug 3, 2026

Location

  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene
  • Walk score 78/100 Very Walkable
  • Transit score 57/100 Good Transit
  • Bike score 72/100 Very Bikeable
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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

Blue Elephant

0.87 miles

John's Car Wash

0.94 miles

Big Red Car Wash

1.22 miles

Roberson's Car Wash

2.28 miles

Washman

2.69 miles

Power Kia

2.73 miles

Enterprise

2.74 miles

Car'l B Klean Self Serve

2.84 miles

Magic Touch

3.04 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

Pringle Park Plaza

0.08 miles

Reed Opera House

0.35 miles

Salem Center (South)

0.49 miles

Ross

0.55 miles

Salem Center (North)

0.57 miles

Macy's

0.58 miles

Kohl's

0.59 miles

Safeway

0.85 miles

Grocery Outlet

0.95 miles

Roth's

1.12 miles

City of Salem Police Department

0.08 miles

Salem Fire Station 1

0.13 miles

AIYANA Aesthetics

0.32 miles

Salem Hospital

0.34 miles

Salem Police Department

0.80 miles

Safeway

0.87 miles

SwiftCare Urgent Care

0.88 miles

Walgreens

1.01 miles

DaVita Dialysis

1.12 miles

West Salem Keiser Permanente

1.18 miles

Listing Summary

  • Office Space Available at 500 Liberty Street SE, Suite 400

    Office space currently available at 500 Liberty Street SE, Suite 400 adds up to a total of 14,945 square feet across 5 listing(s). The largest individual space listed offers 5,099 square feet. Property use types available for lease at this property include: general office.

  • Learn More about 500 Liberty Street SE, Suite 400

    500 Liberty Street SE, Suite 400 is located in the Eugene market and pertains to the 97301 zip code. The property incorporates a total of 14,945 square feet of space. 500 Liberty Street SE, Suite 400 features a parking ratio of 3.00 / 1,000 SF, offering a total of 120 parking spaces. 500 Liberty Street SE, Suite 400 was built in 2010.

    Interested in researching more about this property? Access in-depth research on 500 Liberty Street SE, Suite 400, including ownership details, transaction history, property characteristics, taxes, mortgage data, violations and more by creating a free account and viewing the full property report.

  • Get to Know the Neighborhood

    In the Central Salem neighborhood, where 500 Liberty Street SE, Suite 400 is located, you can currently find 74 office space(s) for rent. In total, this amounts to 134,862 square feet of available office space for lease opportunities.

Contact Peter Braunworth
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