Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    299 D St NE Salem, OR 97301

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $0.95 SF/Yr ($1,838 /Mo)

    23,218 SF retail space available in March 2026.

    Property size:
    23,218 SF
    Lot size:
    1.97 Acres

    Property Features for 299 D St NE

    General Information

    Size
    23,218 SF
    Lot size
    1.97 Acres

    Source: First Commercial Real Estate Agent Josh Kay

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Retail Space in Salem

    This 23,218 square foot street-level space is available for lease with occupancy beginning in March 2026. Situated on a 2-acre site, the building features a clear-span layout, a full loading dock, and ample truck turnaround space. The property is zoned Central Business District (CBD), offering flexibility for retail, grocery, entertainment, fitness, or other community-serving concepts. The building is currently occupied and will be available in March 2026. The property features a clear-span design with exposed glue-lam timbers, a membrane roof installed in 2014, and two 25-ton rooftop HVAC units also installed in 2014. It includes a full loading dock with truck turnaround and direct access from Commercial Street, upgraded electrical service, and a fire suppression system. This prominent and highly accessible property is located within Salem’s Downtown Riverfront Urban Renewal area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery Outlet Grocery Store

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Grocery Outlet, Safeway

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0364922
    Latitude
    44.9494616

    Nearby Similar for Lease

    • $24 SF/Yr
      6,118 SF

      Sophisticated Office Space in Salem

      Premier office space in Salem's business and government hub.
      1241 State St, Salem, OR 97301
      View Details
    • $24 SF/Yr
      250 SF

      Move-in Ready Salem Office Space

      Two Class B office buildings near Willamette University.
      1215 State St, Salem, OR 97301
      View Details
    • $2 SF/Yr
      105,457 SF

      Retail Suite in Anchored Center

      Turnkey retail suite with high visibility and traffic.
      1140 Wallace Rd NW, Salem, OR 97304
      View Details
    • $1.25 SF/Yr
      82,422 SF

      Downtown Salem Office Space Available

      Remodeled office space in downtown Salem near Capitol Mall.
      280 Church St NE, Salem, OR 97301
      View Details
    • $2 SF/Yr
      28,362 SF

      Premier Office Campus in Salem

      High-quality office space with amenities and convenient location.
      650-680 Hawthorne Ave SE, Salem, OR 97301
      View Details
    • $725,000
      1,185 SF

      Charming Historic Office Cottage in Salem

      Beautifully appointed, centrally located office space with parking.
      1415 Commercial St SE, Salem, OR 97302
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - 23,218 SF retail space available in March 2026.
    Where is this grocery and convenience store located?
    The property is located at 299 D St NE Salem, OR.
    What is the lease rate?
    The lease rate is $0.95 SF/Yr.
    What are key features of this property?
    This property features: - 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.
    (503) 931-3521
    Request Owner's contact information
    299 D St NE Salem, OR 97301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    299 D St NE
    Salem, OR 97301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    299 D St NE Salem, OR 97301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.