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Mixed-Use Property with Warehouse
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920-934 Commercial St SE, Salem, OR 97302

Three suites combine retail, athletic, and warehouse space with flexible occupancy arrangements.

Property SizeContact for details
Days on Market6

Property Features for 920-934 Commercial St SE

General Information

Standard status Active
Total Parking Spaces 23
Property subtype Retail, Industrial
Occupancy 100%

Additional Details

Road Access Yes
Warehouse Space 3,000 SF

Building Details

Buildings 1
Tenancy Multi
Listing Agency: First Commercial Real Estate Services
Listed By: Tanner Morgan · License #201247465
Source: Crexi
Added: Aug 31 Changed: Sep 4 Last Checked: Sep 4 at 2:26PM

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 First Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This mixed-use property contains three suites across two tax lots, including a recently refreshed, two-level retail component with frontage and entry from Commercial Street. A separate suite features high ceilings, an open layout, and direct access from the private parking area. The property also includes a 3,000 SF warehouse with alley access along the east side, providing additional storage or flexible commercial space.

The second tax lot functions as a private parking area with 23 spaces. The property is fully occupied, with all tenants operating under month-to-month leases. The combination of multiple suites, on-site parking, street frontage, and short-term lease structures supports both continued occupancy and potential owner-user or repositioning plans.

Key Highlights

  • Three suites spanning retail, athletic facility, and warehouse uses
  • Recently refreshed two‑level retail suite with Commercial Street frontage and access
  • 3,000 SF warehouse with east‑side alley access

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Locksmith Tanning Salon Catering 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,543
Businesses Nearby

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three suites combine retail, athletic, and warehouse space with flexible occupancy arrangements.
Where is this mixed-use property located?
The property is located at 920-934 Commercial St SE Salem, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three suites spanning retail, athletic facility, and warehouse uses; Recently refreshed two‑level retail suite with Commercial Street frontage and access; 3,000 SF warehouse with east‑side alley access
(503) 364-7400 Call to check price and availability
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