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Ground-Level Retail Space
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156 Front St NE, Salem, OR 97301

Flexible commercial suite with an ADA restroom, kitchenette, HVAC, and shared visitor parking.

Space Size740 SF
Days on Market684

Property Features for 156 Front St NE

General Information

Standard status Active
Size 740 SF
Property subtype RETAIL
Lease Type Modified Gross

Space & Availability

Floor Ground Floor
Space Use Office/Retail

Site & Location

Highway Access Yes
Road Access Yes

Amenities

ADA restroom
kitchenette
HVAC
shared parking

Spaces For Lease

at 156 Front St NE
156 Front St NE $1,450/Mo
Floor 1
Size 740 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Modern retail / office space across from Riverfront Park in downtown Salem. - Suite 140 features an ADA restroom, kitchenette, HVAC and shared parking with other visitors in the building. - High profile ground level commercial office / retail space in a prime location. - Close to numerous amenities and good access to West Salem and I-5 via the Salem Parkway
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Listing Agency: SMI Real Estate
Listed By: Elesa Doll · License #200708163
Source: Moodyscre
Added: Dec 5, 2024 Changed: Oct 14 Last Checked: Oct 19 at 6:45AM

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

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Investment Insights

Based on property information with market context.

Suite 140 offers 1,358 square feet of ground-level retail or office space in downtown Salem. The premises include an ADA restroom, kitchenette, HVAC, and access to shared parking used by visitors to the building.

The property is positioned across from Riverfront Park and near downtown amenities. Access to West Salem and I-5 is available through the Salem Parkway, supporting convenient connectivity for customers, staff, and visitors.

Key Highlights

  • 1,358 SF ground‑level retail or office suite
  • Suite 140 includes an ADA restroom and kitchenette
  • HVAC in place

Property Analytics

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Current Use

River Front LLC Park Mathnasium Tutoring Service LIV Wellness - Real ... Alternative Medicine Practice LaLumiere Massage Alternative Medicine Practice Cuban Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Auto Parts Store

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,389
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Salem, OR

$29.79 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,878 SF
Avg Space Size

This space is priced 21% below the average of $29.79 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial suite with an ADA restroom, kitchenette, HVAC, and shared visitor parking.
Where is this retail space located?
The property is located at 156 Front St NE Salem, OR.
What is the lease rate?
The lease rate is $1,450/Mo.
What are key features of this property?
This property features: 1,358 SF ground‑level retail or office suite; Suite 140 includes an ADA restroom and kitchenette; HVAC in place
(503) 884-1273 Call to check price and availability
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