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Versatile Retail/Office Space Available
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1245 Columbia St NE, Salem, OR 97301

Adaptable space in newer strip center, suitable for retail/office.

Space Size2,000 SF
Property Size4,000 SF
Days on Market1430

Property Features for 1245 Columbia St NE

General Information

Standard status Active
Size 2,000 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 4,000 SF
Year Built 2009
Tenancy Multiple

Spaces For Lease

at 1245 Columbia St NE Contact us

1245 Columbia St NE

Size
2,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial Mountain West Real Estate
Listed By: Melissa Rodriguez · License #201222077
Source: Crexi
Added: Sep 21, 2022 Changed: Aug 18 Last Checked: Aug 20 at 10:31AM

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 Real Estate

Investment Insights

Based on property information with market context.

This newer strip center offers available spaces ranging from 1000 to 2000 square feet. The space benefits from high visibility and large windows that provide ample natural light. Currently configured as an office, the space is adaptable for retail use. The layout includes a large open area, complemented by two private offices and a break/storage/IT room. The property is located in close proximity to the State Fairgrounds and Expo Center. The NNN lease rate is $0.55 per square foot per month.

Key Highlights

  • Great visibility in a newer strip center
  • Flexible space usable as office or retail
  • Large windows providing natural light throughout

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Skin Care Clinic Electrical 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

842
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 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?
Strip mall - Adaptable space in newer strip center, suitable for retail/office.
Where is this strip mall located?
The property is located at 1245 Columbia St NE Salem, OR.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Great visibility in a newer strip center; Flexible space usable as office or retail; Large windows providing natural light throughout
(503) 566-5718 Call to check price and availability
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