Retail

Salem, OR Retail Properties & Spaces for Sale

Notify Me
List
Map
Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
49 properties
Sort:
Cannabis Retail Property with Open Layout
Updated: Sep 2
Cannabis Retail Property with Open Layout

1890 Capitol St NE, Salem, OR 97301

$587,500
1,440 sqft 0.15 AC lot
1,440 SF commercial building on a 0.15‑acre corner lot
Open retail/lobby area plus two offices or storage rooms, bathroom, and break room
Seven onsite parking spaces with adjacent street parking
More than 12,000 vehicles passed daily according to 2015 City of Salem traffic data
Adjacent to Salem Clinic on Capitol Street
View details
CR-Zoned Storefront Property
Updated: Apr 21
CR-Zoned Storefront Property

4055 Silverton Rd NE, Salem, OR 97305

$399,900
1,013 sqft 0.15 AC lot
1,013‑square‑foot storefront property
0.15‑acre parcel
CR zoning
Built in 1950
Ductless heating
View details
Flex Space with Industrial Yard
Flex Space with Industrial Yard

3650 Mainline Dr NE, Salem, OR 97301

$1,300,000
7,246 sqft 3.09 AC lot

Versatile industrial property with paved and gravel yard areas, multiple shop spaces, and three-phase power.

View details
See hot listings in Salem

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Flex Industrial Property with Two Buildings
Flex Industrial Property with Two Buildings

3125 - 3157 Portland Road NE, Salem, OR 97301

$1,100,000
6,212 sqft

For sale as-is with two buildings totaling 6,212 SF and flexible zoning supporting multiple commercial uses.

View details
Industrial Flex Property With Shops
Industrial Flex Property With Shops

3650 Mainline Dr NE, Salem, OR 97301

$1,300,000
3.09 AC lot

Level commercial site with shop buildings, paved and gravel work areas, truck access, and three-phase power.

View details
Freestanding Retail Building
Freestanding Retail Building

1695 Market St NE, Salem, OR 97301

$945,000
4,554 sqft

Signalized corner property with showroom, office, open-room, and kitchen areas inside a fully fenced commercial site.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Retail Shopping Center With Vacant Unit
Retail Shopping Center With Vacant Unit

1130 Royvonne AVE, Salem, OR 97302

$1,725,000
6,822 sqft

MU-III zoning supports retail, office, and commercial service uses.

View details
Mixed-Use Commercial Building
Mixed-Use Commercial Building

388 Commercial St NE, Salem, OR 97301

$2,900,000
13,448 sqft

Property supports retail, office, and medical uses at a signalized intersection.

View details
NNN Retail Property
NNN Retail Property

1220 12th St SE, Salem, OR 97302

$2,500,000
22,292 sqft

Fully occupied commercial building with IC zoning and a long-term NNN lease structure.

View details
Freestanding Retail Building with Parking
Freestanding Retail Building with Parking

3965-3985 Rich Dr NE, Salem, OR 97305

$855,000
3,125 sqft 0.25 AC lot

Freestanding retail building is fully leased to two tenants and includes 17 striped parking spaces.

View details
Full-Block Mixed-Use Property
Full-Block Mixed-Use Property

400 High St NE, Salem, OR 97301

$8,899,999
170,000 sqft 2.65 AC lot

Vacant former department store with flexible CB zoning, structured parking, loading infrastructure, and a private mall connection.

View details
Retail Space with Private Offices
Retail Space with Private Offices

1245 Columbia St NE, Salem, OR 97301

$180,000
2,000 sqft

Flexible storefront space in a newer strip center with natural light and a functional office-support layout.

View details
Corner Storefront with Open Retail Area
Corner Storefront with Open Retail Area

1890 Capitol St NE, Salem, OR 97301

$587,500
1,440 sqft 0.15 AC lot

Flexible commercial building with open customer space, private rooms, prominent signage, and on-site parking.

View details
Eight-Unit Mixed-Use Property
Eight-Unit Mixed-Use Property

1742 Center St, Salem, OR 97301

$850,000
5,099 sqft

Downtown corner property combines retail suites with residential apartments, private courtyard, and shared laundry.

View details
Downtown Salem Investment Opportunity
Downtown Salem Investment Opportunity

300-390 Liberty St SE, 410 & 420 Mill St SE, & 305-395 High St SE, Salem, OR 97301

$5,950,000
61,521 sqft

Fully occupied Salem property with high rental upside potential.

View details
Convenience Store Property
Convenience Store Property

1590 12th St SE, Salem, OR 97302

Contact for pricing
4,500 sqft 0.43 AC lot

CG-zoned property approved for convenience-store use, with office, retail, and restaurant permissions.

View details
Leased Multi-Tenant Strip Center
Leased Multi-Tenant Strip Center

1200 Hawthorne Ave NE, Salem, OR 97301

Contact for pricing
7,200 sqft 0.55 AC lot

Leased 7,200 SF retail strip center on 0.55 acres with multiple established tenants and on-site parking.

View details
Storefront Space with Signage
Storefront Space with Signage

3380 Lancaster Dr NE, Salem, OR 97305

$165,337
1,554 sqft

Move-in-ready commercial space offers retail or professional service functionality with dedicated support areas.

View details
Lancaster Shopping Center Retail Space
Lancaster Shopping Center Retail Space

1895 Lancaster Dr NE, Salem, OR 97305

Contact for pricing
13,296 sqft

Medium-box retail space within a tenant mix anchored by Bottle Drop, Verizon, and RAC.

View details
Open-Plan Retail Space
Open-Plan Retail Space

3800 Lancaster Dr NE, Salem, OR 97305

$121,000
1,210 sqft

Flexible storefront layout with a rear ADA restroom and signage along Lancaster Dr NE.

View details
Lancaster Center Shopping Center
Lancaster Center Shopping Center

1991 Lancaster Dr NE, Salem, OR 97305

Contact for pricing
5,251 sqft

Retail center featuring Bottle Drop, Verizon, and RAC as established occupants.

View details
Office Unit with Kitchenette
Office Unit with Kitchenette

5044 Commercial St SE, Salem, OR 97306

Contact for pricing
500 sqft

Modern office configuration with a private restroom and kitchenette for a small business setting.

View details
Ground-Level Office Unit
Ground-Level Office Unit

156 Front St, Salem, OR 97301

Contact for pricing
740 sqft

Suite 140 includes an ADA restroom, kitchenette, HVAC, and shared parking.

View details
Retail Space with Drive-Through
Retail Space with Drive-Through

4981 Portland Rd NE, Salem, OR 97305

Contact for pricing
3,750 sqft

New-construction shell space includes a restroom and partition walls.

View details

Salem, OR Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Salem, OR, showcased through 49 active listings on our real estate platform. These investment opportunities span a total of 577,742 square feet of properties for sale, with an estimated market value of $49,017,236.

Sale prices for stores in Salem, OR start at $121,000, averaging $2,334,154, and reaching up to $8,899,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 46
Shopping centers 38
Automotive properties 7
Showrooms 6
Auto shops 5

Demographics Overview

Population 279K
Population Growth (5Y) +5.0%
Median Household Income $76,436
College Educated 19.3%

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
97305 $140.1K
97302 $704.2K
97301 $2.5M

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $20.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved
Reason not saved — we won't ask again