Two-Story Storefront
For Sale
Contact for pricing
Pending
240 Commercial St NE, Salem, OR 97301
CB-zoned retail building with private rear parking.
Property Size6,797 SF
Lot Size0.12 Acres
Days on Market142
Property Features for 240 Commercial St NE
General Information
Standard status
Pending
Size
6,797 SF
Lot size
0.12 Acres
Property subtype
Retail
Zoning
Cb
Amenities
private parking
Building Details
Buildings
1
Stories
2
Listing Agency:
Tradition Real Estate Partners
(503) 910-3055
Listed By:
AJ Nash · License #OR 201208908
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 1:18AM
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 two-level storefront property contains 6,797 square feet on a 0.12-acre parcel zoned CB. The layout includes 3,850 square feet on the first floor and 2,947 square feet upstairs, providing a substantial retail footprint across both levels. Private parking is positioned behind the building, with additional street and parkade parking nearby.
The property is located at 240 Commercial St NE in Salem, one block south of Court Street. Its setting on Commercial Street places it within walking distance of Riverfront Park, restaurants, and other retailers. The surrounding commercial environment includes active street traffic and established pedestrian access to nearby amenities.
The property is located at 240 Commercial St NE in Salem, one block south of Court Street. Its setting on Commercial Street places it within walking distance of Riverfront Park, restaurants, and other retailers. The surrounding commercial environment includes active street traffic and established pedestrian access to nearby amenities.
Key Highlights
- 6,797 SF storefront property on 0.12 acres
- CB‑zoned parcel at 240 Commercial St NE, Salem, OR 97301
- Two‑floor layout with 3,850 SF on the first floor and 2,947 SF on the second
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,569
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - CB-zoned retail building with private rear parking.
Where is this storefront property located?
The property is located at 240 Commercial St NE Salem, OR.
What are key features of this property?
This property features: 6,797 SF storefront property on 0.12 acres; CB‑zoned parcel at 240 Commercial St NE, Salem, OR 97301; Two‑floor layout with 3,850 SF on the first floor and 2,947 SF on the second
