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Two-Level Retail Storefront
For Lease
$4,918/Mo

305 Court St NE, Salem, OR 97301

Downtown storefront space offers street-level windows, dual entrances, restrooms, and lower-level storage.

Space Size4,098 SF
Days on Market695

Property Features for 305 Court St NE

General Information

Standard status Active
Size 4,098 SF
Net Rentable 4,098 SF
Zoning CB
Lease Type /mo

Space & Availability

Available Space 4,098 SF
Contiguous Space 4,098 SF
Floor Ground, Lower Level
Space Use Retail
Available From 2025-01

Amenities

windows galore
soaring ceiling heights
2 entrances
restrooms
dressing rooms
storage

Building Details

Building Size 4,098 SF
Tenancy Multi
Listing Agency: Smi Real Estate
Listed By: Elesa Doll · License #200708163
Source: Allprofessionalsre
Added: Sep 11, 2024 Changed: Aug 3 Last Checked: Aug 5 at 2:37PM

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 Smi Real Estate

Investment Insights

Based on property information with market context.

This two-level retail storefront at 305 Court St NE in Salem provides 2,240 SF of street-level space with extensive window frontage, high ceilings, two entrances, and two restrooms. The lower level adds 1,858 SF with one restroom, two dressing rooms, and substantial storage capacity.

The property is located at the intersection of Court and Commercial in downtown Salem and is zoned CB. The space is scheduled to become available in January 2025, offering a substantial retail configuration across both floors.

Key Highlights

  • 2,240 SF of street‑level retail space with extensive windows
  • Additional 1,858 SF on the lower level
  • Two entrances and two street‑level restrooms

Property Analytics

Current Use

Winslow Boutique Clothing Store

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Catering Service Fish Market Butcher

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,569
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

Lease Benchmarks for Salem, OR

$20.66 /SF/Yr
Avg Asking Price
$14.4–$25 /SF/Yr
Price Range
10,706 SF
Avg Space Size

This space is priced 30% below the average of $20.66 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Downtown storefront space offers street-level windows, dual entrances, restrooms, and lower-level storage.
Where is this storefront property located?
The property is located at 305 Court St NE Salem, OR.
What is the lease rate?
The lease rate is $4,918/Mo.
What are key features of this property?
This property features: 2,240 SF of street‑level retail space with extensive windows; Additional 1,858 SF on the lower level; Two entrances and two street‑level restrooms
More about this property
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