5070 Commercial SE St Salem, OR 97306-3573
- Retail space
- 11,443 SF
- 0.97 lot acres
Current Use by Public Records
- CosmoProf / Beauty Supply Store
- Solar Nails 2 / Nail Salon
- Applebee's Grill + Bar / Family Restaurant / Hamburger Restaurant
Property Details for 5070 Commercial SE St
- Year built
- 2002
- Lot size
- 0.97 lot acres
- Property size
- 11,443 SF
- Zone code
- CR
- Property type
- Retail space
- APN
- 083W14BB01704
- APU
- 083W14BB01704
Description
Turnidge Corner, located at 5070 Commercial St SE in Salem, Oregon, presents a compelling opportunity for businesses seeking high-visibility retail or office space. This 32,500 square foot multi-tenant property, built in 2002 and renovated in 2018, sits on a 2.36-acre lot at the signalized intersection of Commercial Street and Kuebler Boulevard, boasting exceptional visibility and accessibility. Currently, 2,482 square feet of office space is available for lease. The property benefits from ample parking and excellent signage, making it highly attractive to potential customers. Its strategic location in South Salem places it within a thriving retail corridor, surrounded by established businesses including Applebee's, McDonald's, Dollar Tree, Sally's Beauty, and Miller's Paint Co., ensuring high foot traffic and brand recognition. The area's strong demographics, coupled with convenient access to I-5 and a large daytime population fueled by nearby industrial centers like Amazon, FedEx, and Home Depot Distribution Centers, create a robust market for this property. The property is zoned CR - Commercial Retail and is situated in Marion County, Oregon, zip code 97306. The landlord is highly motivated to lease the available space. This is an exceptional opportunity to establish a presence in a prime Salem location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.029
- Latitude
- 44.8817
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA