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Mixed-Use Building at Lighted Intersection
For Lease
$695,630

388 Commercial St Unit For Lease, Salem, OR 97301

Commercial building identified for retail, office, and medical uses.

Space SizeContact for details
Property Size6,933 SF
Days on Market82

Property Features for 388 Commercial St Unit For Lease

General Information

Standard status Active
Size 6,933 SF
Property subtype Retail(Combined)

Additional Details

Space Use Office
Road Access Yes

Building Details

Building Size 6,933 SF
Listing Agency: MOSAR COMMERCIAL PROPERTIES
Listed By: MIKE MOSAR
Source: Harcourtselite
Added: May 22 Changed: Aug 8 Last Checked: Aug 11 at 12:52PM

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.

This mixed-use commercial building is identified for retail, office, and medical use. The property is located at the lighted intersection of Commercial Street and Center Street in Salem, Oregon, providing a defined commercial setting for a range of space requirements.

Key Highlights

  • Retail, office, and medical property building
  • Located at the lighted intersection of Commercial Street and Center Street
  • Salem, OR 97301 location

Property Analytics

Current Use

Santiam Bicycle (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Catering Service

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
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,178
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

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial building identified for retail, office, and medical uses.
Where is this mixed-use property located?
The property is located at 388 Commercial St Unit For Lease Salem, OR.
What is the lease rate?
The lease rate is $695,630.
What are key features of this property?
This property features: Retail, office, and medical property building; Located at the lighted intersection of Commercial Street and Center Street; Salem, OR 97301 location
More about this property
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