231 Commercial St NE, Salem, OR 97301

Turnkey Short-Term Rental Investment with Bookings into June 2027! Own a piece of Salem's history while generating rental income! Located in the iconic Starkey-McCully Building, once home to a speakeasy, this rare 3-bedroom historic loft is the largest of the Downtown Salem Loft Condominiums. Currently operating as a successful short-term rental with an average nightly rate of approximately $235 and reservations already booked into June 2027. This property offers investors an established rental opportunity. Featuring original 1800s old-growth fir floors, soaring ceilings, a jetted tub, and a premium Sub-Zero refrigerator, this one-of-a-kind residence blends historic character with modern comforts. Ideally located near Salem Hospital, Willamette University, the Oregon State Capitol, and downtown dining and entertainment. Offered fully furnished, including artwork, making this a truly turnkey investment opportunity. Historic charm, an established rental business, and future reservations make this an exceptional addition to an investment portfolio!