High-Traffic Corner Lot Retail
For Lease
Contact for pricing
1516 Commercial St NE, Salem, OR
Retail space on a high-traffic corner lot with parking.
Space Size1,446 SF - 1,662 SF
Lot Size0.20 Acres
Days on Market376
Property Features for 1516 Commercial St NE
General Information
Standard status
Active
Size
1,446 SF - 1,662 SF
Lot size
0.20 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 1516 Commercial St NE Contact us- Floor
- 1
- Size
- 1,446 SF
- Type
- RETAIL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
301 Shipping St NE $1.95/SF/Mo
- This corner lot property on .20 acres is a very high traffic location, close to...
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Contact us
- Floor
- 1
- Size
- 1,662 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
309 Shipping St NE $2.00/SF/Mo
- This corner lot property on .20 acres is a very high traffic location, close to...
show more
Contact us
Listing Agency:
SMI Real Estate
(503) 939-5035
Listed By:
Kassandra Bruhn
(503) 939-5035
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Aug 8
Last Checked: Aug 22 at 8:52AM
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 corner lot property is situated on 0.20 acres in a high-traffic location. The property is near Downtown Salem, Keizer, and Dr. Martin Luther King, Jr. Parkway. It features a private parking lot, ample street parking, and signage on both Commercial Street and Shipping Street. The property offers 1662 square feet of retail space.
Key Highlights
- High traffic location
- Corner lot property on .20 acres
- Private parking lot
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,188
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for Salem, OR
$25.15 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,351 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space on a high-traffic corner lot with parking.
Where is this retail space located?
The property is located at 1516 Commercial St NE Salem, OR.
What are key features of this property?
This property features: High traffic location; Corner lot property on .20 acres; Private parking lot
