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    960 Commercial St SE Salem, OR 97302

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    For Lease
    $1.75 SF/Yr

    2,253 SF retail space with street exposure for rent.

    Property size:
    2,253 SF
    Lot size:
    0.44 Acres

    Property Features for 960 Commercial St SE

    General Information

    Size
    2,253 SF
    Lot size
    0.44 Acres

    Source: Tradition Real Estate Partners Agent AJ Nash

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

    Overview

    Retail Space on Commercial Street

    This property offers 2,253 square feet of retail space. The layout includes a large front room and additional separated rooms, providing front street exposure. Furthermore, the space features two more private rooms, a small back warehouse area, and a bathroom.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Woodcrafters Building Materials Supplier MiMi's Cupcakery Bakery Immortal Ink Tattoo Shop

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0437433
    Latitude
    44.931607

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    FAQs

    What type of property is this?
    Retail space - 2,253 SF retail space with street exposure for rent.
    Where is this retail space located?
    The property is located at 960 Commercial St SE Salem, OR.
    What is the lease rate?
    The lease rate is $1.75 SF/Yr.
    What are key features of this property?
    This property features: - Large front room with front street exposure; - 2,253 SF of retail space; - Additional separated rooms
    (503) 559-9279
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    960 Commercial St SE Salem, OR 97302
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    Salem, OR 97302
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    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
    960 Commercial St SE Salem, OR 97302
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