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Storefront Retail Space on Commercial
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1071 Commercial St SE, Salem, OR 97302

1,500 SF retail space with high traffic and parking.

Space Size1,500 SF
Days on Market114

Property Features for 1071 Commercial St SE

General Information

Standard status Active
Size 1,500 SF
Class B
Total Parking Spaces 18
Property subtype Retail

Building Details

Building Size 1,500 SF
Tenancy Single

Spaces For Lease

at 1071 Commercial St SE Contact us

1071 Commercial St SE

Size
1,500 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: SMI Real Estate
Listed By: Brandon Whitehead · License #200804138
Source: Crexi
Added: May 11 Changed: Aug 8 Last Checked: Aug 28 at 9:30PM

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 SMI Real Estate

Investment Insights

Based on property information with market context.

This property offers 1,500 square feet of storefront retail space situated on Commercial Street SE. The space is available for lease. It features approximately 86 feet of frontage on Commercial Street SE, providing building and window signage opportunities. The location benefits from bus line access and includes 18 surface parking spaces. Traffic data indicates approximately 25,545 vehicles per day near the property. The landlord is responsible for maintenance, while the tenant is responsible for a proportionate share of taxes and insurance. The tenant is responsible for verifying use, zoning, parking, utilities, and suitability.

Key Highlights

  • High‑visibility location with approximately 86' of frontage on Commercial St SE
  • High traffic count: approximately 25,545 vehicles per day
  • Ample parking with 18 surface spaces

Property Analytics

Current Use

Valley Vapors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,018
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - 1,500 SF retail space with high traffic and parking.
Where is this storefront property located?
The property is located at 1071 Commercial St SE Salem, OR.
What are key features of this property?
This property features: High‑visibility location with approximately 86' of frontage on Commercial St SE; High traffic count: approximately 25,545 vehicles per day; Ample parking with 18 surface spaces
More about this property
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