Multi-Tenant Strip
For Sale
Contact for pricing
5680 Commercial St SE, Salem, OR 97306
Retail center with a converted bank building, long-term clinic lease, and permitted pad-site development opportunity.
Property SizeContact for details
Lot Size4.39 Acres
Days on Market144
Property Features for 5680 Commercial St SE
General Information
Standard status
Active
Lot size
4.39 Acres
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Safeway
Road Access
Yes
Utilities to Site
Yes
Land
Land Use
commercial
Entitled
Yes
Building Details
Tenancy
Multi
Parking Ratio
5 per 1,000 SF
Listing Agency:
Fulcrum Pacific
(503) 200-2031
Listed By:
Nick Bushong · License #OR 201209786
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 1:43PM
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 Fulcrum Pacific
Investment Insights
Based on property information with market context.
The property at 5680 Commercial St SE in Salem combines a multi-tenant retail strip center with a converted bank building occupied under a 10 year Eye Clinic lease. The offering also includes a 28,000 square foot pad site positioned in-line with the South Salem Safeway. Utilities and permits are complete for the development site, with parking planned at a 5/1000sqft ratio.
The 4.39-acre property is located along Commercial St SE and Fabry Rd SE. The center is shadow anchored by a Safeway and fuel station, with a Walmart located north of the property. Nearby employment institutions and companies include Salem Health, The State of Oregon, Willamette University, Norpac Foods, Truitt Bros, Inc, and Portland General Electric.
The 4.39-acre property is located along Commercial St SE and Fabry Rd SE. The center is shadow anchored by a Safeway and fuel station, with a Walmart located north of the property. Nearby employment institutions and companies include Salem Health, The State of Oregon, Willamette University, Norpac Foods, Truitt Bros, Inc, and Portland General Electric.
Key Highlights
- 28,000 square foot ready‑to‑develop pad site in‑line with Safeway
- 4.39‑acre parcel along Commercial St SE and Fabry Rd SE
- All utilities and permits completed for the development site
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail center with a converted bank building, long-term clinic lease, and permitted pad-site development opportunity.
Where is this strip mall located?
The property is located at 5680 Commercial St SE Salem, OR.
What are key features of this property?
This property features: 28,000 square foot ready‑to‑develop pad site in‑line with Safeway; 4.39‑acre parcel along Commercial St SE and Fabry Rd SE; All utilities and permits completed for the development site
