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Retail Space with Pylon Sign
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5245-5251 Commercial St SE, Salem, OR 97306

Well-maintained retail property offering prominent pylon signage and ample parking for customers and employees.

Property Size1,600 SF
Days on Market183

Property Features for 5245-5251 Commercial St SE

General Information

Standard status Active
Size 1,600 SF
Property subtype RETAIL
Lease Type SF/mo
Listing Agency: Coldwell Banker Commercial - Mountain West | Salem
Listed By: Pam Rushing · License #200202271
Source: Moodyscre
Added: Jan 28 Changed: Jul 28 Last Checked: Jul 29 at 3:19PM

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 Coldwell Banker Commercial - Mountain West | Salem

Investment Insights

Based on property information with market context.

This well-maintained retail property is offered for lease and includes a pylon sign designed to increase visibility. The building is presented as a professional, turn-ready option for retail operations that benefit from strong storefront identification and on-site customer convenience.

Located at 5245-5251 Commercial St SE in Salem, OR 97306, the property is positioned in a high-traffic area with great exposure, supported by the existing visibility features. Ample parking is available for both customers and employees, helping support day-to-day access and operations.

Overall, this is a straightforward retail space configuration with practical visibility and parking attributes, suited to retailers looking for a maintained facility in a busy commercial setting.

Key Highlights

  • High‑traffic retail location with prominent exposure
  • Pylon sign for increased visibility
  • Well‑maintained, professional property

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center HVAC Service Hair Salon

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

Demographics for 97306, OR

34,715
Population
14,151
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
1,071
Density / Sq Mi
$89,773
Median Household Income
$50,931
Median Earnings
$1,455
Median Rent
$438,900
Median Home Value

Market

Lease Benchmarks for Salem, OR

$26.17 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
21,569 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Well-maintained retail property offering prominent pylon signage and ample parking for customers and employees.
Where is this retail space located?
The property is located at 5245-5251 Commercial St SE Salem, OR.
What are key features of this property?
This property features: High‑traffic retail location with prominent exposure; Pylon sign for increased visibility; Well‑maintained, professional property
(503) 884-0457 Call to check price and availability
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