Retail Space with Showroom and
For Lease
$93,465
1551 Hawthorne Av, Salem, OR 97301
Retail space in Market Square Shopping Center with an open front showroom, rear storage/work area, and an ADA-compliant restroom.
Space Size2,077 SF
Days on Market815
Property Features for 1551 Hawthorne Av
General Information
Standard status
Active
Size
2,077 SF
Net Rentable
2,077 SF
Property subtype
Retail(Combined)
Space & Availability
Available Space
2,077 SF
Contiguous Space
2,077 SF
Space Use
Retail
Site & Location
Anchor Co-Tenants
Pietro's Pizza, The Claw Factory, Subway
Highway Access
Yes
Building Details
Building Size
2,077 SF
Tenancy
Multi
Listing Agency:
COLDWELL BNKR/COMMERCIAL DIV
(503) 566-5706
Listed By:
PAM RUSHING · License #200202271
(503) 566-5706
Source:
Harcourtselite
Added: May 21, 2024
Changed: Aug 8
Last Checked: Aug 12 at 3:19PM
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 BNKR/COMMERCIAL DIV
Investment Insights
Based on property information with market context.
Retail space totaling 2,077 SF, located in Market Square Shopping Center. The space is designed with an open front showroom, a spacious rear storage/work area, and one ADA-compliant restroom, supporting a range of retail, service, showroom, specialty sales, light assembly, or office uses.
The unit sits at a signalized intersection of Market Street NE and Hawthorne Avenue NE, with convenient access to Interstate 5 just moments away. Market Square Shopping Center includes an established tenant mix, including Pietro's Pizza, The Claw Factory, and Subway, providing a steady flow of neighborhood customers throughout the day.
The unit sits at a signalized intersection of Market Street NE and Hawthorne Avenue NE, with convenient access to Interstate 5 just moments away. Market Square Shopping Center includes an established tenant mix, including Pietro's Pizza, The Claw Factory, and Subway, providing a steady flow of neighborhood customers throughout the day.
Key Highlights
- 2,077 SF retail/commercial space in Market Square Shopping Center
- Open front showroom for retail or service use
- Spacious rear storage/work area
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,417
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
Market
Lease Benchmarks for Salem, OR
$24.55 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,042 SF
Avg Space Size
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Market Square Shopping Center with an open front showroom, rear storage/work area, and an ADA-compliant restroom.
Where is this retail space located?
The property is located at 1551 Hawthorne Av Salem, OR.
What is the lease rate?
The lease rate is $93,465.
What are key features of this property?
This property features: 2,077 SF retail/commercial space in Market Square Shopping Center; Open front showroom for retail or service use; Spacious rear storage/work area
