Search
Corner Retail Space with Showroom
For Lease
Contact for pricing

1695 Fairgrounds Rd NE, Salem, OR 97301

MU II-zoned property includes signage, service space, and possible live/work use.

Space Size5,000 SF
Days on Market248

Property Features for 1695 Fairgrounds Rd NE

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype RETAIL
Zoning Mu Ii
Lease Type NNN

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF
Space Use Live-Work

Additional Details

Utilities to Site Yes

Amenities

Corner Location
Signage
3 Phase Power

Spaces For Lease

at 1695 Fairgrounds Rd NE Contact us

1695 Fairgrounds Rd NE $1.10/SF/Yr

Floor
Bldg
Size
5,000 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Features • Mu Ii Zone • 5000 Square Feet • Corner Location • Signage •...
show more
Contact us
Listing Agency: NLC Commercial Real Estate
Listed By: Ian Levin · License #200510306
Source: Moodyscre
Added: Dec 30, 2025 Changed: Aug 31 Last Checked: Sep 2 at 3:15PM

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 NLC Commercial Real Estate

Investment Insights

Based on property information with market context.

This 5,000-square-foot retail property at 1695 Fairgrounds Rd NE in Salem combines an open showroom with a shop bay and office area. The building includes signage, 3-phase power, and a roof replaced in 2019. Its corner position adds a distinct physical characteristic for a commercial operator.

The property is located in an MU II zone and records a daily traffic count of 7,750. The existing layout provides both customer-facing showroom space and dedicated shop and office areas. Possible live/work use is also identified for the property.

Key Highlights

  • 5,000 square feet of retail space
  • Corner location with signage
  • Open showroom plus shop bay and office

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic HVAC Service Locksmith Catering Service Travel Agency

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

1,482
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

Market

Lease Benchmarks for Salem, OR

$34.1 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
10,545 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - MU II-zoned property includes signage, service space, and possible live/work use.
Where is this retail space located?
The property is located at 1695 Fairgrounds Rd NE Salem, OR.
What are key features of this property?
This property features: 5,000 square feet of retail space; Corner location with signage; Open showroom plus shop bay and office
(503) 383-8173 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message