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

    4340 Commercial St SE Salem, OR 97302

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr ($3,800 /Mo)

    1,900 sq ft retail space ideal for fitness or retail.

    Property size:
    1,900 SF
    Lot size:
    1.13 Acres

    Property Features for 4340 Commercial St SE

    General Information

    Size
    1,900 SF
    Lot size
    1.13 Acres

    Source: Rushing Group Agent Bo Rushing

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

    Overview

    Retail/Studio Space in South Salem

    This 1,900 sq. ft. retail space is suitable for a fitness studio, yoga practice, boutique gym, or a beauty or boutique retail concept. The layout includes a spacious front room with natural light, two back offices or storage rooms, and two full ADA-compliant bathrooms with showers. The property is located in a shopping center shared with a future Hertz Car Rental, a massage spa, and a restaurant. Situated off Commercial Street, near the Sunnyside intersection and The Hotel Salem, this location offers accessibility and is in a growing neighborhood.
    Insight Report Location Intelligence

    Current Use by Public Records

    Heather Aerni Aesthetics ... Skin Care Clinic Touch Of Beauty By ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0337158
    Latitude
    44.8919359

    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?
    Retail space - 1,900 sq ft retail space ideal for fitness or retail.
    Where is this retail space located?
    The property is located at 4340 Commercial St SE Salem, OR.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - 1,900 sq. ft. retail space, ideal for fitness, yoga, boutique gym, beauty, or retail.; - High visibility and foot traffic in a dynamic shopping center.; - Two full ADA-compliant bathrooms with showers.
    (503) 588-8500
    Request Owner's contact information
    4340 Commercial St SE Salem, OR 97302
    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.
    4340 Commercial St SE
    Salem, OR 97302
    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
    4340 Commercial St SE Salem, OR 97302
    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.