Entity Owned 
For Lease
Property summary
This 3,612 square foot standalone retail building in Salem, Oregon, is available for lease. Located at 2710 Commercial St SE, this single-tenant property offers a prime location with high visibility and traffic counts of 42,950 vehicles daily. The building's former use as a bank provides unique features including a drive-thru, a welcoming lobby, a vault, four private offices, and two restrooms. The interior boasts Class A finishes, such as LED lighting, newer carpet, and updated fixtures. The spacious 21,669 square foot lot provides ample parking and outdoor space. The Mixed Use III zoning allows for a variety of uses, making it ideal for professional retail or office tenants seeking a high-traffic location. The property is conveniently situated within walking distance of numerous businesses and retailers, further enhancing its appeal and accessibility. This well-maintained building presents a fantastic opportunity for a business seeking a prominent presence in a thriving Salem commercial district. The lease rate is $2.25 per square foot, NNN. The property is located in Marion County, Oregon, zip code 97302.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CR · Salem, ORThe purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CR in Salem, OR.
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