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High Visibility Location on State
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217 State St, Salem, OR

13,270 SF retail property in Salem for sale.

Property Size25,126 SF
Lot Size0.16 Acres
Price / SF$75.42
Days on Market361

Property Features for 217 State St

General Information

Standard status Active
Size 25,126 SF
Lot size 0.16 Acres
Property subtype RETAIL
Listing Agency: Tradition Real Estate Partners
Listed By: AJ Nash · License #201233012
Source: Moodyscre
Added: Aug 4, 2025 Changed: Jul 6 Last Checked: Jul 22 at 4:06AM

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 Tradition Real Estate Partners

Investment Insights

Based on property information with market context.

This 13,270 square foot retail property is located on State Street in a high visibility location at a signaled intersection. The property is zoned CB and is situated across from Riverfront Park. It benefits from being located in a Qualified Opportunity Zone (QOZ) and offers a 20% Historic Tax Credit. The property also features a private upper level parking garage and is eligible for up to $699,000 in Urban Renewal Grant Funds. The lot size is 25,126 square feet.

Key Highlights

  • Up to $699,000 in Urban Renewal Grant Funds available
  • High Visibility Location
  • Private Upper Level Parking Garage

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical 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.

Location Intelligence

Trade Area within ½ mile

3,389
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in West region

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

What type of property is this?
Storefront property - 13,270 SF retail property in Salem for sale.
Where is this storefront property located?
The property is located at 217 State St Salem, OR.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Up to $699,000 in Urban Renewal Grant Funds available; High Visibility Location; Private Upper Level Parking Garage
(503) 559-9279 Call to check price and availability
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