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Storefront Retail Space with Parking
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1071 Commercial St SE, Salem, OR 97302

Street-facing retail space offers signage potential, transit access, and on-site surface parking.

Property Size1,500 SF
Price / SF$1.75
Days on Market17

Property Features for 1071 Commercial St SE

General Information

Standard status Active
Size 1,500 SF
Total Parking Spaces 18
Property subtype Farm/Ranch

Amenities

signage opportunity
bus line access
Listing Agency: SMI REAL ESTATE
Listed By: BRANDON WHITEHEAD · License #200804138
Source: Oregonhomeshop
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 30 at 6:51PM

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 storefront retail space contains 1,500 SF along Commercial St SE, with approximately 86 feet of street frontage. Building and window signage opportunities support exterior branding, while the layout is positioned for a customer-facing retail operation. The property includes 18 surface parking spaces.

Bus line access adds a transit option for customers and employees. TrafficMetrix and CoStar report approximately 25,545 vehicles per day near the property, providing a measurable activity indicator for the surrounding corridor. The landlord handles maintenance, and the tenant pays a proportionate share of taxes and insurance.

Key Highlights

  • 1,500 SF of storefront retail space on Commercial St SE
  • Approximately 86' of frontage along Commercial St SE
  • Building and window signage opportunities

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.

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 - Street-facing retail space offers signage potential, transit access, and on-site surface 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: 1,500 SF of storefront retail space on Commercial St SE; Approximately 86' of frontage along Commercial St SE; Building and window signage opportunities
More about this property
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