5755-5795 Commercial St Salem, OR 97306
- Retail properties
- 3,900 SF
Current Use by Public Records
- Retail properties
Property Details for 5755-5795 Commercial St
- Property size
- 3,900 SF
- Property type
- Retail properties
- Property subtype
- Freestanding property
Description
This exceptional free-standing retail property, located at 5755-5795 Commercial St in Salem, Oregon, offers 3,900 square feet of vacant space on a 2.16-acre lot. The building is zoned for Commercial Retail use within Marion County (97306). Multiple tenancy options are available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,700 square feet. The property boasts a highly desirable location on busy South Commercial Street, less than a mile from Interstate 5, ensuring high visibility and traffic. Dual entrances and a signalized intersection provide easy access. Ideal for a variety of uses, including fast food restaurants, banking institutions (with drive-thru accommodation possible for up to 2,700 square feet), or other retail businesses. The property benefits from its proximity to a mixed-use development slated for completion, featuring approximately 70 apartment units and an additional 5,000 to 10,000 square feet of retail space. This strategic location and the upcoming development promise significant growth potential. This is a rare opportunity to secure a prime retail space in a thriving area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.076
- Latitude
- 44.8443
