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Salem Retail Property For Sale
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1890 State St, Salem, OR

Retail property in Salem with high visibility and versatile zoning.

Space Size2,512 SF
Lot Size0.06 Acres
Days on Market857

Property Features for 1890 State St

General Information

Standard status Active
Size 2,512 SF
Lot size 0.06 Acres
Property subtype RETAIL

Site & Location

Neighborhood Northeast Neighbors (Nen)

Spaces For Lease

at 1890 State St
1890 State St AVAILABLE, Now
Floor Bldg
Size 2,512 SF
Type RETAIL
Rate Contact for pricing
Lease Type MODIFIED_GROSS
Sublease No
- Great location and competitive lease rate! Space has a front lobby area that leads into a large open room that is approx. 1500 SF. - There is also a private office with break room and two restrooms as well as a storage closet. MU-II zoning allows for an array of potential uses. - Property has no designated parking. - MU-II Zoning - Modified Gross Lease - High traffic Location
Contact us
Listing Agency: Coldwell Banker Commercial - Mountain West | Salem
Listed By: Alex Rhoten · License #841000042
Source: Moodyscre
Added: Jun 25, 2024 Changed: Oct 25 Last Checked: Oct 28 at 11:01AM

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 Coldwell Banker Commercial - Mountain West | Salem

Rey
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Investment Insights

Based on property information with market context.

This retail property, constructed in 1924, is located in the Salem area. The building offers 2512 square feet of space. Zoned MU-II, the property allows for versatile usage options. The location provides high visibility, making it suitable for retail businesses. The property blends classic architecture with modern potential and is positioned in Salem's retail landscape. It is suited for Retail/Street Retail investors.

Key Highlights

  • Prime location in the bustling Salem area
  • Zoned MU‑II for versatile usage options
  • High visibility for retail businesses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Black Swan Boutique Clothing Store

Suggested Use

Top Pick HVAC Service Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

1,373
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$29.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,878 SF
Avg Space Size

Vacancy Rate% for Retail in West region

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail property in Salem with high visibility and versatile zoning.
Where is this retail space located?
The property is located at 1890 State St Salem, OR.
What are key features of this property?
This property features: Prime location in the bustling Salem area; Zoned MU‑II for versatile usage options; High visibility for retail businesses
(503) 587-4777 Call to check price and availability
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