Salem, OR Restaurants for Rent & Lease

Updated: Mar 5

Prime Retail Space on Commercial

4336-4340 Commercial St. SE, Salem, OR 97302

$34 SF/Yr

2,792 sqft

Prime location on South Commercial Street with high visibility and seamless access to major thoroughfares.
Versatile spaces ranging from 1,900 to 2,792 SF, suitable for various businesses.
Restaurant‑ready suites available, including one with a 12' hood and drive‑through window.
Flexible layout options with suites that can be combined or rented separately.
Ample parking area in the back.

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Updated: Jul 26

End Cap Restaurant Space with Hood

560 Wallace Rd NW, Salem, OR 97304

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1,400 sqft

Up to 2,800 +/- SF contiguous retail space at a high‑demand West Salem location
Signalized intersection location at Wallace Rd NW & Taggart Dr NW
End cap suite: 1,400 +/- SF former Pizza Hut space with existing hood system and walk‑in cooler
Adjacent inline suite: 1,400 +/- SF currently occupied by Subway (availability and timing via listing broker)
Two points of ingress and egress and extensive parking

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Drive-Through Building in South Salem

1130 Royvonne Ave SE, Salem, OR 97302

$21 SF/Yr

670 sqft

Stand-alone drive-through building with patio seating in a retail area.

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Retail Space with Drive-Through Window

4555 1073 Hermitage Way S, Salem, OR

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1,472 sqft 8.06 AC lot

Retail space featuring an open layout and drive-through window.

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Built-Out Restaurant-Ready Office

765 Liberty St SE, Salem, OR 97301

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First- and second-floor offices include a ready-to-use commercial kitchen and conference room with private work areas.

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Retail Center with Ample Parking

4635 Commercial St, Salem, OR 97302

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South Salem retail center anchored by Big 5 Sporting Goods with multiple tenants and parking for customers and employees.

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Restaurant and Brewing Space

576 Patterson St Nw, Salem, OR 97304

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5,813 sqft

Former restaurant with an adjacent brewing area, each available for separate leasing, including roll-up doors and office space.

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Remodeled Wine Bar Restaurant Space

1111-1117 Edgewater St NW, Salem, OR 97304

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2,456 sqft

Remodeled restaurant space features a large bar build-out, private office, storage, and restroom.

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Prime Commercial Space For Lease

4336 Commercial St SE, Salem, OR

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2,792 sqft 1.13 AC lot

2,792 SF grey shell space with restaurant hookups.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 Active listings in Salem, OR, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 4 Properties for Sales.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Downtown Brewery Production Facility

777 Ne 4th St, Mcminnville, OR 97128

$8,782/Mo

5,855 sqft

Production-oriented space combines beverage manufacturing, customer service areas, dining, retail, and outdoor seating.

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Restaurant Space with Patio

1-c-645 Ne 3rd St, Mcminnville, OR 97128

$5,500/Mo

4,096 sqft

Partially equipped restaurant-bar space with a heated enclosed patio and additional outdoor seating in downtown McMinnville.

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Keizer Retail Space For Lease

6140-6194 Ulali Dr NE, Keizer, OR

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1,000 sqft 6.91 AC lot

Retail and restaurant spaces available in Keizer, Oregon.

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Keizer Retail Space For Lease

6075 Ulali Dr, Keizer, OR

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3,647 sqft 0.63 AC lot

Retail and restaurant spaces available in a 670,000 SF power center.

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Similar Spaces for Sale in Salem, OR

Consider Similar Space for Sale. We found 4 Spaces matching your search parameters.

Subway Restaurant with Walk-In Freezer

3912 Center St, Salem, OR 97301

$110,000

1,300 sqft

Franchise restaurant with private paved parking and dedicated cold-storage equipment.

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Subway Restaurant with Walk-In Freezer

3912 Center St, Salem, OR 97301

$110,000

1,300 sqft

Established franchise restaurant with dedicated parking and built-in cold storage for ongoing food-service operations.

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Leased Restaurant and Bar Building

2407 State St, Salem, OR 97305

$649,000

2,427 sqft

Restaurant and bar space is leased, with the building and property available for sale.

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Neighborhood Pub with Covered Patio

1897 12th St SE, Salem, OR 97302

$290,000

Operating pub with dedicated parking, recent property improvements, and a long-term NNN lease.

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Salem, OR Restaurants Lease Rates & Market Statistics

Explore 9 Restaurants for lease in Salem, OR on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 17,395 square feet of properties.

Asking lease rates for Restaurants in Salem start at $21 SF/Yr, average $27.50 SF/Yr, and reach $34 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $27.50 SF/Yr is 17% above the Oregon state average of $23.57 SF/Yr.

Salem accounts for 69% of the 13 restaurants currently available across Marion County, where nearby markets include Keizer and Woodburn.