5775 Commercial St SE, Salem, OR 97306
For Lease
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Anthony's Corner @ Wiltsey, located at 5775 Commercial St SE in Salem, Oregon, presents a remarkable opportunity for businesses seeking Class A retail, office, or restaurant space. This four-story, 84,480 square foot neighborhood center, built in 2023, boasts five suites with flexible layouts ranging from 1,271 to 3,203 contiguous square feet. Currently, 9,807 square feet are available, including one 3,203 square foot space ideal for a restaurant and other spaces ranging from 1,080 to 1,584 square feet. The property sits on a 2.93-acre lot (127,459 square feet) and is zoned CR. Building amenities include elevators. This development is uniquely situated within a vibrant community and includes 71 upscale apartment homes with separate secure parking and access, ensuring high foot traffic and visibility. The landlord is open to collaborating on build-out and interior improvements, making this an exceptional opportunity for businesses seeking a turnkey solution. Construction was completed in 2023. This is an exceptional opportunity for businesses seeking a turnkey solution in a thriving location.
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Anthony's Place Apartments Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR · Salem, ORSalem. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.