Downtown Salem Retail
388 Commercial St NE, Salem, OR 97301
For Lease
Contact for pricing
6,933 SF retail space in a prime downtown location.
Space Size13,448 SF
Days on Market179
Property Features for 388 Commercial St NE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Tenancy
Spaces For Lease
at 388 Commercial St NE
Suite 1
Active
Size
13,448 SF
Type
Retail
Lease Type
NNN
Listing Agency:
Mosar Commercial Properties
Listed By:
Mike Mosar
(971) 273-7670
Source:
Crexi
Added: May 21
Changed: Aug 8
Last Checked: Oct 14 at 8:13PM
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 Mosar Commercial Properties
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Investment Insights
Based on property information with market context.
Located on a highly trafficked corner in Downtown Salem, this 6,933 square foot retail/commercial space offers visibility and accessibility in an urban location. The property, formerly home to Santiam Bike, features flexible CB zoning. An adjacent 6,515 square foot space is owner-occupied, creating a stable and well-maintained environment.
Key Highlights
- Prime Downtown Salem location with high traffic and exceptional visibility.
- Large 6,933 SF retail/commercial space.
- Flexible CB zoning.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,178
Businesses Nearby
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
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Market
Lease Benchmarks for Salem, OR
$28.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,845 SF
Avg Space Size
Properties on Market for Retail space in Salem
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - 6,933 SF retail space in a prime downtown location.
Where is this retail space located?
The property is located at 388 Commercial St NE Salem, OR.
What are key features of this property?
This property features: Prime Downtown Salem location with high traffic and exceptional visibility.; Large 6,933 SF retail/commercial space.; Flexible CB zoning.
