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    156 Front St NE Salem, OR 97301

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    For Lease
    $1,450 /Mo ($12 SF/Yr)

    Modern retail/office space in downtown Salem, across from Riverfront Park.

    Property size:
    1,358 SF
    Lot size:
    0.01 Acres

    Property Features for 156 Front St NE

    General Information

    Size
    1,358 SF
    Lot size
    0.01 Acres

    Source: SMI Real Estate Agent Elesa Doll

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

    Overview

    Downtown Salem Retail/Office Space

    This modern retail or office space is located across from Riverfront Park in downtown Salem. Suite 140 includes an ADA restroom, kitchenette, and HVAC. Shared parking is available for visitors. The ground-level commercial space benefits from a high-profile location with good access to West Salem and I-5 via the Salem Parkway. The property is close to numerous amenities. The property size is 1358 square feet.
    Location Intelligence

    Current Use by Public Records

    River Front LLC Park Mathnasium Tutoring Service LIV Wellness - Real ... Massage Therapist LaLumiere Massage Massage Therapist Cuban Cafe Cafe

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0410877
    Latitude
    44.9412308

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    FAQs

    What type of property is this?
    Retail space - Modern retail/office space in downtown Salem, across from Riverfront Park.
    Where is this retail space located?
    The property is located at 156 Front St NE Salem, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Salem location across from Riverfront Park; - Modern retail/office space; - High-profile ground-level commercial space
    (503) 884-1273
    Request Owner's contact information
    156 Front St NE Salem, OR 97301
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    Salem, OR 97301
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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
    156 Front St NE Salem, OR 97301
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