Salem, UT Commercial Real Estate for Sale

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Spanish Fork, UT Woodland Hills, UT Payson, UT Elk Ridge, UT Santaquin, UT Benjamin, UT Mapleton, UT Springville, UT

18 properties

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Updated: Mar 27

Fitness Center With Office Space

576 W STATE ROAD 198, Salem, UT 84653

$1,400,000

0.67 AC lot

0.67‑acre commercial property in Salem
Currently configured for dance studio and indoor training use
Includes office space, private and public restrooms, and a retail mezzanine
Paved parking and outbuildings on site
Built in 2004 with central air and evaporative cooling

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Updated: Feb 23

Flat Agricultural Farmland

180 N WOODLAND HILLS Dr E, Salem, UT 84653

$4,950,000

14.21 AC lot

14.212 acres of flat farmland across 4 parcels
Agricultural zoning
Water rights and water shares included
Southeast corner of 180 North and Woodland Hills Dr
Directly adjacent to Salem City

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Commercial Land with Pad Sites

Salem, UT 84653

$2,578,740

2.96 AC lot

Commercial land with flexible pad sizing, commercial zoning, and access near Salem’s planned mixed-use development.

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Fitness Center with Office Space

576 W State Road 198, Salem, UT 84653

$1,500,000

10,250 sqft

Configured for dance instruction, indoor training, and office use within one commercial property.

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Commercial Land with Parkway Frontage

Salem, UT 84653

$1,176,120

1.50 AC lot

Commercial land with planned road access, public sewer, and natural gas availability near the I-15 Benjamin Exit.

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Commercial Land with Parkway Frontage

Salem, UT 84653

$1,442,707

1.84 AC lot

Commercial zoning supports retail and other commercial uses within the New Salem master plan.

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Commercial Land with Parkway Frontage

Salem, UT 84653

$5,052,960

5.80 AC lot

Commercially zoned development land with adaptable pad configurations and planned road and utility infrastructure.

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Retail Suite with Spa Rooms

109-523 N State Road 198, Salem, UT 84653

$1,425,000

7,309 sqft

Main-floor commercial suite includes offices, spa rooms, and a dedicated event or training area.

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Light Industrial Development Land

1008 N 1750 W, Salem, UT 84653

$2,700,000

5.18 AC lot

Zoned I-1 Light Industrial, this 5.18-acre site includes a surveyed road framework and utility easements.

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Car Wash Anchored Retail Site

987 N State Rd 198, Salem, UT 84653

Contact for pricing

1.50 AC lot

Car wash anchored retail land offering exposure from a main highway and proximity to local grocery and nearby housing growth.

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Prime Commercial Land Opportunity

Loafer Mountain Pkwy and SR 164, Salem, UT 84660

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3.00 AC lot

Commercial land with high traffic, ideal for retail development.

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Agricultural Land with Irrigation Well

9800 S Woodland Hills Dr, Salem, UT

$2,800,000

8.00 AC lot

Unincorporated land within Salem includes a 6-inch well for irrigation via Strawberry High Line Canal.

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Office and Retail Plaza Units

591 S State Rd, Salem, UT 84653

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South Valley Plaza offers remaining office, retail, warehouse, and one medical office spaces under one tax ID.

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Commercial Land Near Grocery

987 N State Rd, Salem, UT 84653

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Commercial parcel near a grocery store, new housing development, and the area’s main highway.

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Office Condominium Units

8000 S Loafer Mountain Parkway, Salem, UT 84660

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Office condominium space positioned just off I-15 in Salem.

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Industrial Land with Utilities Stubbed

460 W Arrowhead Trail Industrial Par, Salem, UT 84653

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Industrial land for sale with utilities stubbed into the lot, subject to buyer verification of zoning and development details.

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Commercial Land with Road Frontage

991 N State Rd 198, Salem, UT 84653

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C-3 commercial zoning and frontage along State Road 198 support a range of land-use possibilities.

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Drive-Through Restaurant with Dining

248 W Center St, Salem, UT 84653

$1,550,000

4,054 sqft

Operational restaurant includes inside dining and a drive-thru window, with real estate and equipment/fixtures included.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Salem, UT, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

Off-Market Properties in Salem, UT

Consider similar Off-Market properties in Salem, UT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

CAR WASH - AUTOMATED

987 State Rd 198, Salem, UT 84653-4505

$750,000

Estimated value

5,885 sqft 3.05 AC lot

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GYM, HEALTH SPA

682 State Rd 198, Salem, UT 84653-4508

$470,000

Estimated value

1,477 sqft 0.54 AC lot

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DAY CARE, PRE-SCHOOL

233 Ctr St, Salem, UT 84653

Value Estimation by Request

1,277 sqft 0.17 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1066 State Rd 198, Salem, UT 84653-9350

$555,000

Estimated value

2,612 sqft 1.11 AC lot

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COMMERCIAL (GENERAL)

769 1610th S, Salem, UT 84653

$245,000

Estimated value

0.40 AC lot

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COMMERCIAL (GENERAL)

817 Rdg Vw Dr, Salem, UT 84653

$260,000

Estimated value

0.34 AC lot

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Salem, UT Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, UT, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 21,613 square feet of properties for sale, with an estimated market value of $26,575,527.

Sale prices for business properties in Salem, UT start at $1,176,120, averaging $2,415,957, and reaching up to $5,052,960 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K

Population Growth (5Y) +26.9%

Median Household Income $111,420

College Educated 53.8%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
84653	$2.4M

Taxes & Financing

Tax Rate (average for all types) 0.95%

Property Tax per SF $13.38 per SF

Tax Rate vs County Average 0.09 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Utah County

Residential Income

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