Downtown Salem Retail
For Lease
Contact for pricing
388 Commercial St NE, Salem, OR 97301
6,933 SF retail space in a prime downtown location.
Space Size13,448 SF
Days on Market84
Property Features for 388 Commercial St NE
General Information
Standard status
Active
Size
13,448 SF
Property subtype
Retail
Building Details
Building Size
13,448 SF
Year Built
1911
Tenancy
Single
Spaces For Lease
at 388 Commercial St NE Contact us- Size
- 13,448 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 1
Listing Agency:
Mosar Commercial Properties
(971) 273-7670
Listed By:
Mike Mosar · License #OR
Source:
Crexi
Added: May 21
Changed: Aug 8
Last Checked: Aug 7 at 6:21AM
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
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
Property Profile
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
Market
Lease Benchmarks for Salem, OR
$24.55 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
10,042 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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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.
