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Retail Space with Flexible Sizing
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1515-1599 Edgewater St NW, Salem, OR 97304

Commercial space offers city water and sewer service with divisible configurations for different occupancy requirements.

Space Size1,054 SF
Days on Market78

Property Features for 1515-1599 Edgewater St NW

General Information

Standard status Active
Size 1,054 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Divisible Yes
Utilities to Site Yes

Spaces For Lease

at 1515-1599 Edgewater St NW
1579 Edgewater St NW $1.85/SF/Mo
Floor 1
Size 1,054 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Available Space: 1054.0 • Max Contiguous Area: 1054.0 • Min Divisible Area: 527.0 • Age: 41-50 Years Old • Lot Size: 5-10 Acres • Sewer: City • Water: City Water
Contact us
Listing Agency: Coldwell Banker Commercial - Mountain West | Salem
Listed By: Melissa Rodriguez
Source: Moodyscre
Added: Jul 31 Changed: Oct 12 Last Checked: Oct 16 at 9:50AM

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 Banker Commercial - Mountain West | Salem

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space provides 1,054 square feet of available area, with a minimum divisible unit of 527 square feet and the ability to accommodate up to 1,054 square feet contiguously. The property is situated on a 5–10-acre lot and dates to the 41–50-year-old construction period.

City water and sewer service support the property. Its retail classification and flexible sizing provide a straightforward format for businesses seeking a smaller suite or the full available area.

Key Highlights

  • 1,054 SF of available retail space
  • 527 SF minimum divisible area
  • 1,054 SF maximum contiguous area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 97304, OR

34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value

Market

Lease Benchmarks for Salem, OR

$30.36 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
8,079 SF
Avg Space Size

Vacancy Rate% for Retail in West region

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

Frequently Asked Questions

What type of property is this?
Retail space - Commercial space offers city water and sewer service with divisible configurations for different occupancy requirements.
Where is this retail space located?
The property is located at 1515-1599 Edgewater St NW Salem, OR.
What are key features of this property?
This property features: 1,054 SF of available retail space; 527 SF minimum divisible area; 1,054 SF maximum contiguous area
(971) 388-5154 Call to check price and availability
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