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    Salem, OR
    Grocery Store

    Salem, OR Grocery And Convenience Stores for Sale

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    Keizer, OR Turner, OR Rickreall, OR
    Spacious Retail Space in Salem
    Updated: Nov 24, 2025
    Spacious Retail Space in Salem

    299 D Street NE, Salem, OR

    $4,500,000
    23,218 sqft · 1.97 AC lot
    23,218 SF street‑level space in Salem's Downtown Riverfront Urban Renewal area.
    Zoned Central Business District (CBD) offering flexibility for retail, grocery, entertainment, fitness, or other community‑serving concepts.
    Full loading dock with truck turnaround and direct access from Commercial Street.
    Clear‑span layout with exposed glue‑lam timbers.
    Available for lease with occupancy beginning March 2026.
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    This listing looks promising.

    Here's a quick look at some key insights for

    299 D Street NE, Salem, OR

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $321K
      Annual

    • Mortgage

      $99K
      Sep 2018

    • Last Sold

      Sep 2011
      $1.91M

    • Property Type

      Grocery, Supermarket
      Built 1948
    View Property Analytics
    Salem Retail Investment Opportunity
    Updated: Mar 7, 2025
    Salem Retail Investment Opportunity

    2809 Market St NE, Salem, OR

    $1,300,000
    6,000 sqft · 0.88 AC lot
    High‑visibility location in Salem's retail corridor.
    Currently leased to well‑established tenants (Corner Market and Oregon Trail Bakery).
    Easy access to I‑5.
    Strong traffic counts.
    Suitable for investors or owner‑users.
    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Milwaukie Investment Property For Sale
    Milwaukie Investment Property For Sale

    16725 SE MCLOUGHLIN, Milwaukie, OR 97267

    $1,575,000
    7,380 sqft · 0.79 AC lot

    Fully leased commercial property with three buildings and high visibility.

    View details
    Freestanding Retail Building with 600-Amps
    Freestanding Retail Building with 600-Amps

    3230 SW 87TH, Portland, OR 97225

    $1,600,000
    2,400 sqft

    Single-tenant freestanding retail building with large frontage and upgraded heavy power for flexible retail or service use.

    View details
    Harrison Market and Space Age Gas
    Harrison Market and Space Age Gas

    4140 SE Harrison St, Milwaukie, OR

    $975,000
    0.34 AC lot

    Single tenant leased asset in a successful, high-traffic location.

    View details
    C-Store with Living Quarters
    C-Store with Living Quarters

    3827 SE Gladstone, Portland, OR 97202

    $175,000
    2,000 sqft

    Store with living space, high daily sales, low rent.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Mixed-Use Land Available
    Prime Mixed-Use Land Available

    Marcola Rd, Springfield, OR 97477

    $1,190,000
    1.17 AC lot

    1.17 acre mixed-use property, ready to build.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    18215 SW Sargent Road, Rochester, WA 98579

    $649,900
    10.40 AC lot

    10.4 acres of level commercial land with development potential.

    View details
    Corner Parcel in Christmas Valley
    Corner Parcel in Christmas Valley

    Cottonwood Lane, Christmas Valley, OR 97641

    Contact for pricing
    0.29 AC lot

    Corner lot with utilities near amenities in Christmas Valley, Oregon.

    View details
    Richland Commercial Land For Sale
    Richland Commercial Land For Sale

    1753 George Washington Way Ste., Richland, WA 99354

    Contact for pricing
    13.00 AC lot

    13 acre commercial land in Richland, Washington available for sale.

    View details

    Off-Market Properties in Salem, OR

    Consider similar Off-Market properties in Salem, OR. 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.

    8342 Macleay SE Rd
    CONVENIENCE STORE

    8342 Macleay SE Rd, Salem, OR 97317-9038

    Value Estimation by Request
    2,052 sqft · 0.11 AC lot
    View details
    2591 Wallace NW Rd
    CONVENIENCE STORE

    2591 Wallace NW Rd, Salem, OR 97304-1413

    $4,650,000
    Estimated value
    3,036 sqft · 1.10 AC lot
    View details
    4601 Silverton NE Rd
    CONVENIENCE STORE

    4601 Silverton NE Rd, Salem, OR 97305-2940

    $550,000
    Estimated value
    2,044 sqft · 0.76 AC lot
    View details
    5925 Wallace NW Rd
    CONVENIENCE STORE

    5925 Wallace NW Rd, Salem, OR 97304-9742

    $625,000
    Estimated value
    3,850 sqft
    View details
    5660 Commercial SE St
    GROCERY, SUPERMARKET

    5660 Commercial SE St, Salem, OR 97306-1215

    $13,850,000
    Estimated value
    57,933 sqft · 5.29 AC lot
    View details
    4602 Silverton NE Rd
    CONVENIENCE STORE

    4602 Silverton NE Rd, Salem, OR 97305-2939

    Value Estimation by Request
    2,613 sqft · 0.30 AC lot
    View details
    1420 State St
    CONVENIENCE STORE

    1420 State St, Salem, OR 97301-4247

    Value Estimation by Request
    6,500 sqft · 0.32 AC lot
    View details
    1265 Ctr NE St
    GROCERY, SUPERMARKET

    1265 Ctr NE St, Salem, OR 97301-2297

    $10,810,000
    Estimated value
    34,892 sqft · 2.15 AC lot
    View details
    2002 Lancaster NE Dr
    CONVENIENCE STORE

    2002 Lancaster NE Dr, Salem, OR 97305-1231

    Value Estimation by Request
    2,613 sqft · 0.29 AC lot
    View details
    1455 Edgewater NW St
    GROCERY, SUPERMARKET

    1455 Edgewater NW St, Salem, OR 97304-4633

    $4,950,000
    Estimated value
    42,745 sqft · 1.02 AC lot
    View details
    22460 Hopewell NW Rd
    CONVENIENCE STORE

    22460 Hopewell NW Rd, Salem, OR 97304-9619

    Value Estimation by Request
    1,344 sqft · 0.94 AC lot
    View details
    800 Highland NE Ave
    CONVENIENCE STORE

    800 Highland NE Ave, Salem, OR 97301-0927

    Value Estimation by Request
    2,324 sqft · 0.14 AC lot
    View details
    2904 12th SE St
    CONVENIENCE STORE

    2904 12th SE St, Salem, OR 97302-3163

    Value Estimation by Request
    2,613 sqft · 0.27 AC lot
    View details
    3702 Silverton NE Rd
    CONVENIENCE STORE

    3702 Silverton NE Rd, Salem, OR 97305-1472

    Value Estimation by Request
    3,500 sqft · 0.33 AC lot
    View details
    1115 Wallace NW Rd
    CONVENIENCE STORE (W/FUEL PUMP)

    1115 Wallace NW Rd, Salem, OR 97304-3115

    $555,000
    Estimated value
    300 sqft · 0.49 AC lot
    View details
    3390 Portland NE Rd
    CONVENIENCE STORE

    3390 Portland NE Rd, Salem, OR 97301-0816

    Value Estimation by Request
    2,072 sqft · 0.40 AC lot
    View details
    4250 Commercial SE St
    CONVENIENCE STORE

    4250 Commercial SE St, Salem, OR 97302-3939

    Value Estimation by Request
    15,285 sqft · 1.45 AC lot
    View details
    299 D NE St
    GROCERY, SUPERMARKET

    299 D NE St, Salem, OR 97301-1023

    $3,555,000
    Estimated value
    23,218 sqft · 1.99 AC lot
    View details
    585 Wallace NW Rd
    CONVENIENCE STORE (W/FUEL PUMP)

    585 Wallace NW Rd, Salem, OR 97304-3833

    $690,000
    Estimated value
    3,182 sqft · 0.89 AC lot
    View details
    3105 Riv S Rd
    CONVENIENCE STORE

    3105 Riv S Rd, Salem, OR 97302-9701

    Value Estimation by Request
    2,400 sqft · 0.36 AC lot
    View details
    1089 Edgewater NW St
    CONVENIENCE STORE

    1089 Edgewater NW St, Salem, OR 97304-4046

    $645,000
    Estimated value
    3,920 sqft · 0.33 AC lot
    View details
    1790 Ctr NE St
    CONVENIENCE STORE

    1790 Ctr NE St, Salem, OR 97301-4356

    Value Estimation by Request
    1,344 sqft · 0.10 AC lot
    View details

    Salem, OR Grocery And Convenience Stores Market Trends and Statistics

    Explore 69 grocery and convenience stores for sale in Salem, OR on our real estate platform. These investment opportunities span a total of 29,218 square feet of properties for sale, with an estimated market value of $5,800,000.

    Sale prices for supermarkets in Salem, OR start at $1,300,000, averaging $2,900,000, and reaching up to $4,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 28
    Storefront properties 16
    Showrooms 9
    Automotive properties 5
    Auto shops 4

    Demographics Overview

    Population 279K
    Population Growth (5Y) +5.0%
    Median Household Income $76,436
    College Educated 19.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $20.84 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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