Salem, CT Retail properties & Spaces for Rent & Lease

Updated: Dec 25, 2025

Colchester Commercial Facility For Lease

359 South Main Street, Colchester, CT 06415

$8,000/Mo

16,352 sqft 2.62 AC lot

Prime location in Colchester's town center with outstanding access to Routes 2 and 11.
Substantial 16,350 sq ft of total building space suitable for diverse business uses.
Large 2.62‑acre lot with expansive open yard area for storage, parking, or staging.
Includes a 9,600 sq ft main building with retail/office space and a service garage.
Features a 2‑bay storage building (2,752 sq ft) and a 7‑bay garage (4,000 sq ft).

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Updated: Feb 7, 2025

Retail Space in Salem Center

1 New London Road #23, Salem, CT 06420

$1,600/Mo

19,159 sqft

Located in the revitalized Salem Town Center with extensive renovations including a new parking lot, roof, A/C units, paint, and irrigation system.
Anchored by established businesses such as Dunkin' Donuts and Subway.
High‑traffic location on Route 85 (New London Rd.).
Substantial property size of 20.60 acres.
Ample parking with 75+ spaces.

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Retail Space in Colchester Keystone

179 Linwood Ave, Colchester, CT 06415

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Retail space for lease in busy Colchester shopping center.

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Retail Space on Route 16

131 Linwood Ave, Colchester, CT 06415

Contact for pricing

2,700 sqft

Retail space available on Route 16 with high traffic.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, CT, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities

Retail properties & Spaces for Lease in Nearby Cities

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

Turnkey Medical/Retail Space Available

42 E High St, East Hampton, CT 06424

$27 SF/Yr

18,308 sqft

Move-in ready medical office and retail space in East Hampton.

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Mixed-Use Multifamily Retail Property

82 MAIN ST, East Hampton, CT 06424

Contact for pricing

16,439 sqft

For lease mixed-use building combining multifamily units and retail/restaurant space totaling 16,439 SF.

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Office Space with Open Floor Plan

32 Main Street, Hebron, CT 06248

$2,000/Mo

880 sqft

Office/retail/salon space with an open floor plan, central air, and updated lighting in an MS-zoned building.

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Hebron Commercial Space For Lease

32 Main Street #3, Hebron, CT 06248

$2,000/Mo

880 sqft

Office, retail, or studio space available in Hebron.

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Salem, CT Retail properties & Spaces Lease Rates & Market Statistics

Explore 4 Retail properties & Spaces for lease in Salem, CT on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 38,211 square feet of properties.

Asking lease rates for Retail properties & Spaces in Salem start at $1.00 SF/Yr, average $3.43 SF/Yr, and reach $5.87 SF/Yr at the top of the market. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $3.43 SF/Yr is 81% below the Connecticut state average of $18.26 SF/Yr.

Salem accounts for 5% of the 84 retail properties & spaces currently available across New London County, where nearby markets include Norwich and Groton.