Salem, OR Retail and Land Commercial Real Estate
195 results
Address
Acres
South Block
400 Commercial Street Southeast
Central Area, Salem, OR
First floor street-facing retail space. Excellent window lines and great visibility from Commercial Street. 3,217 SF available. Excellent location for restaurant, due to its proximity to Waterfront Park, downtown businesses and large daytime population. NNN's estimated at $6.00/SF per year. Covered first floor parking will be provided to suit Tenant's customer needs. Owner would consider splitting the space for a qualified tenant.This site is located at the confluence of Commercial Street SE, Trade Street SE and Front Street SE. This location is at the edge of the central business district, within one mile of a daytime population of over 30,000 employees. There are excellent traffic counts on both Front Street and Commercial Street.Highlights3,217 SF - first generation retail - can be demisedGround floor new constructionExcellent downtown Salem locationGrey Shell rates starting at $21.00 plus $40/SF TIA
0.94
Village East Shopping Center
2215 Lancaster Drive Northeast
North Lancaster, Salem, OR
Numerous space options available for lease in this well-positioned Lancaster Drive shopping center. Lease rates vary depending on size, location and tenant improvements. Signalized intersections at north and south ends of the property. 4.5:1000 parking ratio. Multiple points of ingress and egress. Landlord has capacity to participate in tenant improvements for qualified users and lease terms.This property is located in the highest concentration of retail properties in the entire trade area. Located on busy Lancaster Drive with over 30,000 average daily traffic. Current tenants include: Ross Dress for Less, Big 5 Sporting Goods, Five Guys Burgers and Fries, China Buffet, Catherine's and Outback Steakhouse. Additional retailers in the area include Walgreens, Big Lots, Bi-Mart and Taco Bell.HighlightsAnchor Tenants: Big 5 Sporting Goods, Ross Dress for LessNotable Lancaster Drive locationLease rates starting at $12/SF NNNNNN's estimated at $5.50/SF (includes W/S/G)
10.14
Edgewater Crossing
1594 Edgewater St NW
West Salem, Salem, OR
This building was constructed in 2004 and has excellent street presence. There is a strong retail node at the intersection of Edgewater and Eola, and surrounding residential base to support retailers within the area. Second generation space available of 1,126 SF - turn-key for user. Concessions available for qualified tenants.The West Salem retail and office trade areas are finite in size and ability to grow. This building is in an excellent location, with proximity to traffic and a population base over 30,000 residents. Higher income demographics provide additional discretionary income. Area retailers include Safeway, Dollar Tree, Key Bank, Great Clips, Oil Can Henry's, H&R Block, Odd Moe's Pizza, and West Salem Vision Center.HighlightsSpace available - 1,126 SFSecond generation space, turn key for userConcessions available for qualified tenantsShadow-anchored by Safeway and Dollar Tree
1.14
699 Wallace Road Northwest
699 Wallace Rd NW
West Salem, Salem, OR
This development is surrounded by roads on all four sides, allowing for maximum visibility and ease of access. The Tenant mix is very favorable to destination-oriented shopping.Developed in 2005, this marquee project is located in the heart of the main retail corridor of West Salem. With over 40,000 cars per day, this site provides a drive-by or destination retailer maximum opportunity to reach the entire West Salem demographic.HighlightsPremiere Wallace Road retail centerHighest traffic counts in West SalemJoin Walgreens, Panda Express, Great Harvest Bread, AT&T & others!
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Retail For Lease
211 Commercial St NE
Central Area, Salem, OR
Excellent, mid-sized retail space in downtown Salem. High ceilings and great synergy. Across from Chemeketa Parkade with good on-street parking. Landlord proactively making improvements to facade and restrooms. Suitable for office or retail uses. Rear delivery access along alley.Conveniently located in Salem's central business district; on Commercial Street at Court Street.HighlightsAsking $3,200/month modified grossTI's available for qualified usersFacade completely redoneGreat downtown location with vibrant synergy
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5399 Commercial Street Southeast
5399 Commercial St SE
South Gateway, Salem, OR
Great location in south Salem, across from Wal-Mart on S Commercial St.
Highly visible end cap location on busy Commercial St. SE. Was a former Figaro's location. Equipment could be purchased separately.
6.85
5686 Commercial Street Southeast
5686 Commercial St SE
South Gateway, Salem, OR
2,100 sq ft is interior space only does not include drive thru
4.39
Downtown Retail/Office Location for Lease
440 Ferry St SE
Central Area, Salem, OR
Located in the heart of Salem's Central Business District just one block east of the new Convention Center.
1,500 SF of retail or office in Crystal Garden Building. Affordable street level space within the Central Business District in downtown Salem. Exceptional traffic counts that feed into the Front Street by-pass.
0.09
Freestanding Office Building
2290 State St
Southeast Salem, Salem, OR
Lot Size:0.13Acres
Corner lot with great visibility on high traffic State St; easy to I-5 access and just 1.5 miles from downtown.
0.13
2505 Mission Street Southeast
2505 Mission St SE
Southeast Salem, Salem, OR
Lot Size:17.52Acres
17.52
4865 Commercial Street SE
4865 Commercial St SE
Faye Wright, Salem, OR
Building Size:1,250SF
Turn key full service salon established in 2005! Extensive remodeled in 2007. Great signage with approx. 40,000 traffic count. Perfect location. Salon features 8 stylist stations, 3 wash stations, facial bed with all equipment, and waxing area. Sale includes business name, all equipment and product. Call LB for list. Ample parking. Excellent web presence and online visibility. Sale to include training for salon and tech support. Sale does not include the building or land. Lease is assumable.
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Lancaster Mall Shopping Center
831 Lancaster Dr NE
North East Salem, Salem, OR
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Corner Retail / Flex for Sale
3393 Silverton Rd NE
Northgate, Salem, OR
Lot Size:0.26Acres
Located on the corner of Silverton Rd and Hawthorne Ave in NE Salem. 1.25 Miles to Interstate 5 Access. New to Market, Prime Corner location for Sale. Situated on a signaled intersection at the corner of busy Silverton Road and Hawthorne Avenue, this building boasts huge exposure, access to all things Salem, and easy I-5 access. This CG zoned property is 0.26 acres of ideal retail or flex use with a total of 3,840 SF. The space includes a 1,943 SF warehouse including 4 drive in bays, and 1,897 SF of showroom and office space with two restrooms, plus an upper mezzanine attic great for additional storage. 9 private onsite parking spaces, 1 is ADA, and two access points of ingress/egress. Contact Listing Broker for information or showing instructions.
0.26
Jory Hill Development Opportunity
1421 Jory Hill Rd S
Salem, OR
Lot Size:121.15Acres
Located outside of South Salem on the corner of Liberty Rd S & Jory Hill Rd S New to the Market! 2 parcels of bare land available for future development potential. Located off Liberty Road S, this land is two parcels of 121 total acres of pristine agricultural and forestry land. Ideal for development or farming, the SA Zone (special agriculture) allows for a number of uses including farming, forestry, marijuana growing and sales. Contact Listing Broker for information.
121.15
Bare Land - Development Opportunity
2290 Claxter Rd NE
Northgate, Salem, OR
Lot Size:2.90Acres
Located in Salem's NE Industrial area with close proximity to the I-5, Parkway and 99E. Just listed - 1-3 Acres of Bare Land! Rare opportunity to develop 2.9 acres in Salem's NE Industrial area. This property is being offered as (1) 3 acre parcel or (3) 1 acre parcels. There is an approved partition that will be recorded after City of Salem conditions are satisfied. The partition in process creates approximately 3 one acre lots. Improvement plans can change for the right terms. The existing building and improvements are not included in the sale. Owner is willing to amend the three parcel partition and deliver one (1) three acre lot. Owner will consider build-to-suit with a term lease. IG zone generally allows for a wide range of manufacturing, distribution, and storage uses. Close proximity to I-5 via Salem Parkway & 99E. Contact Listing Broker for additional information.
2.90
401 Center Street Northeast
Central Area, Salem, OR
- Holds a unique location in downtown Salem and is located within an Opportunity Zone.. - Shadow anchored by Salem’s two remaining department stores (Macy’s and Kohl’s).. - Within walking distance of Oregon’s State Capital, multiple museums, the Wallace Sports Complex, and outdoor attractions like the popular Riverfront Park, which features a carousel and the Gerry Frank Amphitheater, Salem's premier downtown outdoor venue.. - Population growth of 11.1% within a 10-mile radius of Salem Center between the years of 2010 and 2020, compared to the national average rate of 7.4% increase.. - Two vacant anchor boxes sold with plans underway to redevelop into 162 units of multifamily (former Nordstrom) and a mixed-use commercial project (former JCPenney).. - Ongoing redevelopment projects include the 7-story Holman Hotel on Commercial St (opened June 2023), the Marquis post-acute rehabilitation facility, and a mixed-use, mixed-income housing development less than a half-mile from Salem Center called BLOCK 50.. - Available redevelopment subsidies that include a $750,000 grant per development project provided by the city’s Urban Renewal Agency, which is subject to increases per each proposal.. - 10-year tax exemption for additional housing units provided by the Urban Renewal District.
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Development Land
1710-1740 13th St. SE
Southeast Salem, Salem, OR
Lot Size:0.87Acres
Very desirable developing area along the 12th Street and 13th Street corridor. Residential conversion is occurring and many retail and professional businesses are starting in the area.
0.87
Former Funky Munky Boutique
887 Commercial St SE
South Central, Salem, OR
Ideal location within blocks of the downtown core! Highly visible on Commercial Street, the main arterial from Downtown Salem and South Salem.
0.36
1975 Lancaster Drive Northeast
1975 Lancaster Dr NE
North East Salem, Salem, OR
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887 Commercial Street Southeast
887 Commercial St SE
South Central, Salem, OR
0.36
Belvedere Lot 10
0000-1 Belvedere St. NW
Salem, OR
Lot Size:8.84Acres
Lots 10 Hartley and Craig Fruit Tracks, County of polk and State of Oregon. Remarkable 8.84 Acre lot in West Salem. Come build a dream home. Well and septic are in place. Property is outside the City limits, and UGB. One of only few acreage lots in the area. Buyer to confirm that lot is buildable with Polk County and do their own due Diligence.
8.84
2470 Mission St SE
Southeast Salem, Salem, OR
Possible future redevelopment opportunity. Pylon signage on two roadways.
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Commercial Development Land for Sale
SWC Fairway Ave & Commercial St. SE
South Gateway, Salem, OR
Lot Size:1.36Acres
This parcel, zoned CR - Commercial Retail, is located at the intersection of Fairway & Commercial St SE, with 1 minute access to Interstate 5. Neighboring uses include: office, senior center, athletic facility, residential and a new self-storage facility (under construction). The site is flat with utilities to the property. The subject property shares access off Fairway with two other properties. NEW LISTING - Great Price! SVN is proud to list this land parcel in South Salem with a new lower price from what it had previously been on the market for. The subject property is one of the best small commercial land parcels available for retail or office development in South Salem. Located at the last intersection before Commercial Street merges with Interstate 5 this is an ideal site for a convenience based retail or any office use that desires easy access to I-5. South Salem continues to have the largest housing growth in Salem building on the demand for more commercial services.
1.36
2,240 Sq Ft Food & Beverages in Salem, OR for sale
525 9th St NW
West Salem, Salem, OR
Lot Size:0.33Acres
525 9th Street NW located in Salem, OR is a 2,240 square foot Food & Beverages, Restaurant property that was built in 1950.This property is situated on a 0.33 acre land parcel.The property is being offered at the following list price: $4,150,000 at a Cap Rate of 5.25% with an estimated NOI of 217,875.Offered by Kevin Adatto.
0.33
3200 Lancaster Drive Northeast
3200 Lancaster Dr NE
Salem, OR
Lot Size:3.13Acres
3.13
2035-2085 Lancaster Drive Northeast
North Lancaster, Salem, OR
0.69
4963 Center Street Northeast
4963 Center St NE
Salem, OR
Lot Size:1.61Acres
1.61
695 Liberty Street Northeast
695 Liberty St NE
Central Area, Salem, OR
0.63
890 Commercial Street Northeast
Central Area, Salem, OR
Lot Size:0.31Acres
0.31
5775 State Street
5775 State St
Salem, OR
Lot Size:19.23Acres
19.23
4077 37th Avenue Southeast
4077 37th Ave SE
Southeast Mill Creek, Salem, OR
Lot Size:6.40Acres
6.40
5060 State Street
Salem, OR
28.62
3095 Portland Road Northeast
3095 Portland Rd NE
Northgate, Salem, OR
Lot Size:0.38Acres
0.38
2685 Lancaster Drive Southeast
Southeast Mill Creek, Salem, OR
30.00
1815-1951 22nd Street Southeast
Southeast Salem, Salem, OR
11.27
1804 Fairview Industrial Drive Southeast
Morningside, Salem, OR
Lot Size:5.03Acres
5.03
318 Lancaster Drive Northeast
Salem, OR
0.39
1870 Lana Avenue Northeast
1870 Lana Ave NE
Northgate, Salem, OR
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1375 Hall Street Northeast
Highland, Salem, OR
0.53
Hyacinth Street Northeast
Northgate, Salem, OR
Lot Size:6.83Acres
6.83
1500 McGilchrist Street Southeast
2345 McGilchrist Street Southeast
Southeast Salem, Salem, OR
1.13
205 Church Street Southeast
205 Church St SE
Central Area, Salem, OR
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1144 Wallace Rd NW
West Salem, Salem, OR
994 SF of great retail inline space located on Wallace Rd NW, anchored by Roth Fresh Market. Other tenants within the center include US Bank, Burger King, Starbucks, and Keizer Permanente.
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3160 Broadway Street Northeast
3160 Broadway St NE
Highland, Salem, OR
FOR LEASE - 0.80 ACRE BARE LAND
The available property is located at Broadway Street NE and River Road N in Salem.
The lot is approximately 34,856 SF and zoned CR (Commercial Retail).
Rate: $3,500/Mo. ($0.10/SF)
0.80
5800 Commercial Street Southeast
5800 Commercial St SE
South Gateway, Salem, OR
Prime development parcel with over 507' frontage along Commercial Street SE in South Salem. The site is located at a signalized intersection across from Subway, Aaron's and numerous other retailers. Easy access to I-5. Options include land lease, build-to-suit or joint venture.
5.71
4825 Commercial Street Southeast
4825 Commercial St SE
Faye Wright, Salem, OR
High-traffic location in South Salem just north of the signalized Keubler Intersection.
Building is well located in South Salem on high-traffic Commercial Street SE, just north of Kuebler Blvd and Commercial Street intersection. Two retail spaces available: west space, 5,056 SF ; east space, 10,058 SF. Tenant improvements are negotiable based on terms of lease and tenant financial information. Other Tenants include Physiq Fitness, Mega Markdowns and DMV. Building signage as well as pylon signage along Commercial Street SE. Multiple points of ingress/egress on Commercial Street SE.
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Commercial St at Madras and Robins
6200 Commercial St SE
South Gateway, Salem, OR
Located on South Commercial Street, at the corners of Madras and Robins.
Be a part of South Salem's southernmost development! Rates starting at $24/SF/YR. RETAIL and OFFICE space available from 1,200-30,000 SF. Drive-thru options available! Free-standing, in-line and end-cap suites.
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Former U.S. Bank Branch
1940 Fairgrounds Rd NE
Highland, Salem, OR
Building Size:4,578SF
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940 Commercial St NE
Central Area, Salem, OR
Just south of where NE Liberty and NE Commerical Streets merge.
0.23
5700 Commercial Street Southeast
South Gateway, Salem, OR
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Market Stats
Salem has 679 commercial real estate spaces for lease, representing 6,651,027 sqft space.
167 buildings are available for sale.
In the past 30 days, Salem has had 251 spaces leased and 3 new spaces come on market.
Metropolitan areas near Salem, OR
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