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Freestanding Flex Building
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1012 Commercial St NE, Salem, OR 97301

Mixed-use zoning and separate office, showroom, and warehouse areas support varied operations.

Space Size14,279 SF
Days on Market193

Property Features for 1012 Commercial St NE

General Information

Standard status Active
Size 14,279 SF
Net Rentable 14,279 SF
Total Parking Spaces 22
Property subtype Industrial
Zoning MU-I
Lease Type NNN
Lease Term NNN

Space & Availability

Available Space 14,279 SF
Contiguous Space 14,279 SF
Divisible Yes
Space Use Flex

Lease Terms

Lease Rate $0.75 /USD/SF/MO
Monthly Rent $10,709
Rent per SF/Year $9

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Three-Phase Power Yes

Amenities

multiple entry points
3-phase power
secure private lot
overflow parking
signage opportunities
break room
restrooms

Building Details

Building Size 14,279 SF
Year Built 1964
Buildings 1
Stories 2

Spaces For Lease

at 1012 Commercial St NE Contact us

Freestanding Flex Retail Building - $10,710/Mo/NNN

Size
14,279 SF
Term
Negotiable
Contact us
Listing Agency: Legacy Real Estate Commercial
Listed By: AJ Nash | Partner · License #OR #201208908
Source: Traditionrep
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 30 at 1:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Commercial

Investment Insights

Based on property information with market context.

This 14,279 SF flex property combines two storefront showroom areas, warehouse space, and a second-floor office component. The warehouse has concrete floors, an 8' x 10.1' roll-up door, and an 8' x 10' sliding split door for loading access. Upper-level improvements include offices, a break room, and two restrooms, while multiple entrances allow the interior to be arranged for different operating needs. The landlord will consider demising the building for warehouse, retail/office, or showroom use.

Located at 1012 Commercial St NE in Salem, the property sits along a high-traffic corridor approximately 2 miles north of downtown. MU-I zoning supports a mix of commercial and light industrial uses. The site includes 22 dedicated parking spaces, overflow parking, street-front signage opportunities, and 3-phase power. I-5 is approximately 3 miles away, and Portland is 50 miles north.

Key Highlights

  • 14,279 SF flex building with showroom, warehouse, and office areas
  • MU‑I zoning supports commercial, retail, and light industrial uses
  • Warehouse includes an 8' x 10.1' roll‑up door and an 8' x 10' slider split door

Property Analytics

Current Use

UPS Access Point ... Courier Service Ups Postal services Post Office Advance Auto Parts Auto Parts Store

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Plumbing Service Pet Grooming Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,272
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Willamette Valley Chefs Salem, OR 97301

Frequently Asked Questions

What type of property is this?
Flex space - Mixed-use zoning and separate office, showroom, and warehouse areas support varied operations.
Where is this flex space located?
The property is located at 1012 Commercial St NE Salem, OR.
What are key features of this property?
This property features: 14,279 SF flex building with showroom, warehouse, and office areas; MU‑I zoning supports commercial, retail, and light industrial uses; Warehouse includes an 8' x 10.1' roll‑up door and an 8' x 10' slider split door
More about this property
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