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    2789 State St Salem, OH 44460

    For Lease
    $12 SF/Yr

    Prime Salem retail space, 1,056 sq ft.

    Lot size:
    20,055 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 1,056 square foot retail space is located in Unit #9 of the Quaker Square Shopping Plaza at 2789 E State St, Salem, OH 44460. The property is a Class B building constructed in 2007 and sits on 2.14 acres of land. The entire plaza encompasses 20,055 square feet, spread across two single-story buildings, offering ample parking with 20 total spaces. This single-tenant space is part of a thriving retail center, shadow-anchored by major retailers Walmart and Home Depot, ensuring high visibility and significant foot traffic. The plaza boasts a diverse mix of national, regional, and local businesses, creating a vibrant and successful commercial environment. The property's location in Salem, Ohio, offers access to a growing community and provides excellent opportunities for businesses seeking a strong retail presence. The property's APN is 5108321000. Cross street access is available via Cunningham Rd. A virtual tour is available online.

    Property Features for 2789 State St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,055 SF
    Class
    B
    Total Rate
    20055

    Building Details

    Year Built
    2007
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,056 SF
    Rate per SF
    $14

    HighLights

    • 1,056 SF retail space in Unit #9, Quaker Square Shopping Plaza, Salem, OH.
    • Shadow‑anchored by Walmart and Home Depot, driving high visibility and traffic.
    • Strong tenant roster with over 50% original tenants including Verizon, Maurices, and The UPS Store.
    • High traffic count of nearly 25,000 vehicles per day (VPD) on SR‑14 and Cunningham Rd.
    • Currently built out as retail office space.
    • Located in a high‑growth area of Salem, OH, within a 20,055 SF plaza on 2.14 acres with 20 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Comprehensive Behavioral Health ... Doctor Berkshire Hathaway HomeServices ... Real Estate Agent Bobbi Seguin Realtor, ... Real Estate Agency Valley Tobacco Tobacco Shop SMS Phone Leads Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.819838489296
    Latitude
    40.89992634479

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    FAQs

    What type of property is this?
    Retail property - Prime Salem retail space, 1,056 sq ft.
    Where is this retail property located?
    The property is located at 2789 State St Salem, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 1,056 SF retail space in Unit #9, Quaker Square Shopping Plaza, Salem, OH.; Shadow-anchored by Walmart and Home Depot, driving high visibility and traffic.; Strong tenant roster with over 50% original tenants including Verizon, Maurices, and The UPS Store.
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    2789 State St Salem, OH 44460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2789 State St Salem, OH 44460
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