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    1010 Hawthorne Ave Salem, OR 97301

    For Lease
    Contact for pricing

    99,313 SF Vacant Retail Space in Salem, OR

    Lot size:
    99,313 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 99,313 square foot retail pad site, located at 1010 Hawthorne Ave SE in Salem, Oregon (zip code 97301), presents a significant opportunity for a single-tenant user. The property is currently entirely vacant, offering a blank canvas for a large-scale retail operation. Situated in Marion County, this property boasts high visibility and accessibility, making it an ideal location for businesses seeking substantial space and prime exposure. The building's substantial size allows for a wide range of retail concepts, from big-box stores to expansive showrooms or distribution centers. The single-tenant occupancy ensures complete control and customization of the space. This property is a rare find in the Salem market, offering an unparalleled opportunity to establish a significant retail presence in a thriving Oregon community. The address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. The property's size and location make it an attractive investment for businesses seeking to expand their operations or establish a new flagship location. Detailed site plans and specifications are available upon request. This is a unique opportunity to secure a substantial retail space in a desirable location. Contact us today to learn more about this exceptional property and its potential.

    Property Features for 1010 Hawthorne Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    99,313 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    99,313 SF

    HighLights

    • High‑visibility corner lot with convenient access to I‑5 and Highway 22.
    • Strong co‑tenancy with Harbor Freight Tools and Electric Castle’s Wunderland.
    • Excellent location near Lowe's, Walmart, Home Depot, and other major retailers.
    • Pad site available on a signalized corner, previously a gas station.
    • Suitable for various uses including home improvement, retail, and medical facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Costco Bakery Bakery Lamar P. Lindsay, ... Pharmacy Costco Wholesale Mattress Store Herbert Johns Optometrist Tax Debt Relief ... Tax Preparation

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9953961
    Latitude
    44.9193552

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    FAQs

    What type of property is this?
    Retail property - 99,313 SF Vacant Retail Space in Salem, OR
    Where is this retail property located?
    The property is located at 1010 Hawthorne Ave Salem, OR.
    What are key features of this property?
    This property features: High-visibility corner lot with convenient access to I-5 and Highway 22.; Strong co-tenancy with Harbor Freight Tools and Electric Castle’s Wunderland.; Excellent location near Lowe's, Walmart, Home Depot, and other major retailers.
    Request Owner's contact information
    1010 Hawthorne Ave Salem, OR 97301
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    Salem, OR 97301
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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
    1010 Hawthorne Ave Salem, OR 97301
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