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401 Center St NE, Salem, OR 97301

Shopping and entertainment retail leasing with advertising included, plus kiosk and pop-up options and onsite parking.

Space Size570 SF
Days on Market245

Property Features for 401 Center St NE

General Information

Standard status Active
Size 570 SF
Property subtype RETAIL

Spaces For Lease

at 401 Center St NE Contact us

Salem Center Mall $1.50/SF/Yr

Floor
1
Size
570 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
Features • Intergrating Shopping & Entertainment • Short Term , Pop-Up & Kiosk...
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Listing Agency: NLC Commercial Real Estate
Listed By: Elizabeth Infante
Source: Moodyscre
Added: Dec 30, 2025 Changed: Aug 8 Last Checked: Aug 31 at 2:08PM

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 NLC Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail property offers short-term leasing opportunities, including pop-up and kiosk formats, with various square footage options available. Advertising is included, and the stated gross lease area is 651,135.

The property is positioned for walkable access, with a walkability score of 81, and is described as easily accessible to public transportation. Onsite, it provides 1,100 free parking spaces.

The listing notes $187 million invested in downtown revitalization, supporting an integrated shopping and entertainment experience as part of the broader downtown environment.

Key Highlights

  • Gross lease area: 651,135 SF with various square footage options available
  • Advertising included for leasing opportunities (short‑term, pop‑up, and kiosk)
  • 1,100 free parking spaces on‑site

Property Analytics

Current Use

Spencer's (Bike/Boat/Book/etc) Store Zumiez Clothing & Fashion Store Ross Dress for Less Clothing Store Salem Center Shopping Center & Mall Sushi Ya Sushi ... Restaurant

Suggested Use

Top Pick Auto Parts Store Electrical Service HVAC Service Kitchen & Bath Showroom Plumbing Service 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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,239
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

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

What type of property is this?
Shopping center - Shopping and entertainment retail leasing with advertising included, plus kiosk and pop-up options and onsite parking.
Where is this shopping center located?
The property is located at 401 Center St NE Salem, OR.
What are key features of this property?
This property features: Gross lease area: 651,135 SF with various square footage options available; Advertising included for leasing opportunities (short‑term, pop‑up, and kiosk); 1,100 free parking spaces on‑site
(503) 569-9043 Call to check price and availability
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