Open Configuration Retail/Office
For Lease
Contact for pricing
4159 Cherry Avenue Northeast, Salem, OR 97303
Open space with office and restrooms/showers in Allen Plaza.
Space Size2,500 SF
Property Size6,000 SF
Days on Market1985
Property Features for 4159 Cherry Avenue Northeast
General Information
Standard status
Active
Size
2,500 SF
Class
B
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
6,000 SF
Tenancy
Multiple
Spaces For Lease
at 4159 Cherry Avenue Northeast Contact us- Size
- 2,500 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
4159 Cherry Ave NE
Listing Agency:
First Commercial Real Estate Services
(503) 364-7400
Listed By:
Ruth Dana · License #OR 900300123
Source:
Crexi
Added: Mar 6, 2021
Changed: Aug 8
Last Checked: Aug 11 at 6:30PM
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 First Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This commercial space is part of the Allen Plaza, a two-building office and retail complex. The space features an open configuration and was most recently occupied by a boxing studio. It includes one private office located off the front entrance. The property also contains two restrooms, each equipped with showers. Current tenants in the complex include the Keizer Chamber of Commerce, Friends of Felines, and York Mechanical. This property is suitable for retail or office use.
Key Highlights
- Open configuration suitable for various uses.
- Located in Allen Plaza, a commercial complex.
- Includes one private office.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.07 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 97303, OR
41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,664
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
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
This space is priced 44% below the average of $24.55 /SF/Yr.
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Open space with office and restrooms/showers in Allen Plaza.
Where is this retail space located?
The property is located at 4159 Cherry Avenue Northeast Salem, OR.
What is the lease rate?
The lease rate is $13.80 SF/Yr.
What are key features of this property?
This property features: Open configuration suitable for various uses.; Located in Allen Plaza, a commercial complex.; Includes one private office.
