Leased Multi-Tenant Strip
For Sale
Contact for pricing
1200 Hawthorne Ave NE, Salem, OR 97301
Leased 7,200 SF retail strip center on 0.55 acres with multiple established tenants and on-site parking.
Property Size7,200 SF
Lot Size0.55 Acres
Price / SF$84.03
Days on Market63
Property Features for 1200 Hawthorne Ave NE
General Information
Standard status
Active
Size
7,200 SF
Lot size
0.55 Acres
Property subtype
RETAIL
Additional Details
Asking Price
$605,000
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Hancock Real Estate
(503) 370-2581
Listed By:
Terry Hancock · License #200110013
(503) 371-1234
Source:
Moodyscre
Added: Jul 14
Changed: Sep 12
Last Checked: Sep 13 at 11:38AM
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 Hancock Real Estate
Investment Insights
Based on property information with market context.
Leased multi-tenant retail strip center totaling 7,200 SF, situated on 0.55 acres. The center is occupied by multiple established tenants and is offered as an investment opportunity with stable cash flow.
The property is located along a commercial corridor with strong visibility, convenient access, and on-site parking. It also provides convenient access to downtown Salem, with Interstate 5 less than one mile away.
The building is positioned near government offices, professional services, retail amenities, and established residential neighborhoods, supporting accessibility for both employees and clients.
The property is located along a commercial corridor with strong visibility, convenient access, and on-site parking. It also provides convenient access to downtown Salem, with Interstate 5 less than one mile away.
The building is positioned near government offices, professional services, retail amenities, and established residential neighborhoods, supporting accessibility for both employees and clients.
Key Highlights
- Leased multi‑tenant retail strip center totaling 7,200 SF
- Situated on 0.55 acres
- Multiple established tenants
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
Explore this area
Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Strip mall - Leased 7,200 SF retail strip center on 0.55 acres with multiple established tenants and on-site parking.
Where is this strip mall located?
The property is located at 1200 Hawthorne Ave NE Salem, OR.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Leased multi‑tenant retail strip center totaling 7,200 SF; Situated on 0.55 acres; Multiple established tenants
