Salem, OH Retail Properties & Spaces for Sale

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Washingtonville, OH Leetonia, OH Hanoverton, OH

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Updated: Apr 15, 2025

Salem Industrial Park Flex Space

1455 Quaker Cir, Salem, OH

$365,000

3,000 sqft · 2.89 AC lot

1.97 acre lot
3,000 SF (2,000 SF office + 1,000 SF garage)
12' ceiling in heated garage
10' roll up garage
Located in Salem Industrial Park

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This listing looks promising.

Here's a quick look at some key insights for

1455 Quaker Cir, Salem, OH

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Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$23K
Annual
Price @ 7% Cap

$333K
Suggested
Property Type

Manufacturing (Light)
Built 1992

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Updated: Jun 17

Mixed-Use Property with Two-Story Home

777 N Ellsworth Avenue, Salem, OH 44460

$189,900

0.68 AC lot

Mixed‑use property on 777 N Ellsworth Ave, Salem, OH with a retail/commercial building, detached garage, and a two‑story residential home
Retail/commercial building includes 9 dedicated parking spaces
Two‑story home offers flexible residential use as an owner‑occupied residence or a rental/employee housing option
Property is served by public water and public sewer
Heating includes steam and hot water systems

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Former Rite Aid For Sale

2229 E State, Salem, OH 44460

$2,100,000

14,737 sqft

Former Rite Aid property in a vibrant healthcare corridor.

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Retail/Flex Building in Salem, OH

1965 N Ellsworth Ave, Salem, OH

$649,000

13,185 sqft · 2.98 AC lot

Retail and flex building with warehouse space for sale.

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Former Dealership on 5 Acres

152 Continental Dr, Salem, OH

$2,345,000

30,200 sqft · 4.95 AC lot

30,200 SF showroom and service garages on 5+ acres.

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Downtown Salem Commercial Corner Property

178 N Ellsworth Avenue, Salem, OH 44460

$185,000

1,344 sqft · 0.16 AC lot

Commercial property in downtown Salem, Ohio, formerly a gas station.

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Downtown Salem Mixed-Use Investment Property

241 E State St, Salem, OH 44460

$236,000

7,347 sqft

Mixed-use property with retail and apartment units in Salem.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Salem, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Strip Mall Property on Signalized Corner

11734 South Avenue, North Lima, OH 44452

$2,340,000

23,616 sqft

Signalized corner retail asset with approximately 25,000 vehicles per day and strong suburban consumer base nearby.

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Mixed-Use Property Near Downtown Lisbon

7389 State Route 45, Lisbon, OH 44432

$165,000

Versatile property suitable for retail, commercial, or live/work use.

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Warehouse/Flex/Retail Space Available

10708 Market St, North Lima, OH

$1,500,000

10,600 sqft · 2.70 AC lot

Versatile 10,600 SF warehouse/flex/retail space near Ohio Turnpike.

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Freestanding Retail Building in Lisbon

7635 State Rte 45, Lisbon, OH

Contact for pricing

10,500 sqft · 1.64 AC lot

Freestanding retail building in county seat of Lisbon, Ohio.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land For Sale

2343 E Pershing St, Salem, OH 44460

Contact for pricing

2.67 AC lot

Vacant land available for sale, ground lease, or build-to-suit.

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Commercial Land in High-Traffic Area

N Cunningham Road, Salem, OH 44460

$169,900

1.25 AC lot

1.25 acre commercial land parcel in Salem, Ohio.

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Thriving Deli and Retail Store

22810 Alliance-Sebring Road, Alliance, OH 44601

$195,000

4,000 sqft · 2.64 AC lot

Retail store on 2.64 acres with frontage.

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Prime Commercial Land For Sale

2002 Canfield Road, Youngstown, OH 44511

$250,000

0.49 AC lot

Commercial land in a prime location suitable for various businesses.

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Off-Market Properties in Salem, OH

Consider similar Off-Market properties in Salem, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

1516 Lincoln Ave, Salem, OH 44460-4249

Value Estimation by Request

3,180 sqft · 0.47 AC lot

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RETAIL STORES (PERSONAL SERVICES)

339 Broadway Ave, Salem, OH 44460-3005

Value Estimation by Request

5,000 sqft · 0.16 AC lot

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RETAIL STORES (PERSONAL SERVICES)

506 State St, Salem, OH 44460

Value Estimation by Request

19,976 sqft · 0.29 AC lot

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RESTAURANT

145 State St, Salem, OH 44460

Value Estimation by Request

2,884 sqft · 0.08 AC lot

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RETAIL STORES (PERSONAL SERVICES)

392 State St, Salem, OH 44460-2758

Value Estimation by Request

3,408 sqft · 0.11 AC lot

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VEHICLE SALES, RENTALS

152 Continental Dr, Salem, OH 44460-2506

$1,680,000

Estimated value

30,200 sqft · 5.16 AC lot

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PARKING GARAGE, PARKING STRUCTURE

465 Newgarden Ave, Salem, OH 44460-3042

Value Estimation by Request

4,848 sqft · 0.23 AC lot

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RETAIL STORES (PERSONAL SERVICES)

553 State St, Salem, OH 44460-2932

Value Estimation by Request

5,000 sqft · 0.18 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1761 State St, Salem, OH 44460-3303

Value Estimation by Request

3,444 sqft · 1.16 AC lot

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PARKING GARAGE, PARKING STRUCTURE

Lundy S Ave, Salem, OH 44460

Value Estimation by Request

0.02 AC lot

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RETAIL STORES (PERSONAL SERVICES)

239 State St, Salem, OH 44460-2755

$585,000

Estimated value

10,320 sqft · 0.80 AC lot

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PARKING GARAGE, PARKING STRUCTURE

1610 State Blvd, Salem, OH 44460-1961

Value Estimation by Request

0.12 AC lot

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RESTAURANT

763 State St, Salem, OH 44460-2911

Value Estimation by Request

2,040 sqft · 0.64 AC lot

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PARKING GARAGE, PARKING STRUCTURE

2nd St, Salem, OH 44460

Value Estimation by Request

0.06 AC lot

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PARKING GARAGE, PARKING STRUCTURE

409 2nd St, Salem, OH 44460-2862

Value Estimation by Request

0.06 AC lot

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RETAIL STORES (PERSONAL SERVICES)

409 2nd St, Salem, OH 44460-2862

Value Estimation by Request

9,280 sqft · 0.06 AC lot

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GROCERY, SUPERMARKET

423 Lundy Ave, Salem, OH 44460-3120

$690,000

Estimated value

25,104 sqft · 2.31 AC lot

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Salem, OH Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Salem, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 69,813 square feet of properties for sale, with an estimated market value of $5,880,000.

Sale prices for stores in Salem, OH start at $185,000, averaging $980,000, and reaching up to $2,345,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 25K

Population Growth (5Y) +0.1%

Median Household Income $59,882

College Educated 25.0%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
44460	$572.2K

Taxes & Financing

Tax Rate (average for all types) 4.67%

Property Tax per SF $81.87 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Columbiana County

New Delisted

Total CRE Inventory on Market (SF)

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Salem, OH Retail Properties & Spaces for Sale

1455 Quaker Cir, Salem, OH

777 N Ellsworth Avenue, Salem, OH 44460

2229 E State, Salem, OH 44460

1965 N Ellsworth Ave, Salem, OH

152 Continental Dr, Salem, OH

178 N Ellsworth Avenue, Salem, OH 44460

241 E State St, Salem, OH 44460

Opportunities in Nearby Cities

11734 South Avenue, North Lima, OH 44452

7389 State Route 45, Lisbon, OH 44432

10708 Market St, North Lima, OH

7635 State Rte 45, Lisbon, OH

Potential Development Sites for Consideration

2343 E Pershing St, Salem, OH 44460

N Cunningham Road, Salem, OH 44460

22810 Alliance-Sebring Road, Alliance, OH 44601

2002 Canfield Road, Youngstown, OH 44511

Off-Market Properties in Salem, OH

1516 Lincoln Ave, Salem, OH 44460-4249

339 Broadway Ave, Salem, OH 44460-3005

506 State St, Salem, OH 44460

145 State St, Salem, OH 44460

392 State St, Salem, OH 44460-2758

152 Continental Dr, Salem, OH 44460-2506

465 Newgarden Ave, Salem, OH 44460-3042

553 State St, Salem, OH 44460-2932

1761 State St, Salem, OH 44460-3303

Lundy S Ave, Salem, OH 44460

239 State St, Salem, OH 44460-2755

1610 State Blvd, Salem, OH 44460-1961

763 State St, Salem, OH 44460-2911

2nd St, Salem, OH 44460

409 2nd St, Salem, OH 44460-2862

409 2nd St, Salem, OH 44460-2862

423 Lundy Ave, Salem, OH 44460-3120

Salem, OH Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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