Retail

Salem, OR Retail Properties & Spaces for Sale

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Keizer, OR Turner, OR Rickreall, OR
33 properties
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Retail Showroom with Warehouse Space
Updated: Aug 13, 2025
Retail Showroom with Warehouse Space

1515 13th St SE, Salem, OR

$925,000
7,168 sqft · 0.23 AC lot
High‑traffic location on 13th Street provides excellent retail showroom exposure.
Large 6,048 SF warehouse space with three 13’ roll‑up doors and an overhead crane.
New warehouse roof installed in 2024.
Three‑phase, 240v power and upgraded lighting in the warehouse.
Convenient access to 13th Street, Lewis Street, alleyway, downtown, and I‑5.
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1515 13th St SE, Salem, OR

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Multi-Tenant Retail Strip Center
Updated: Jun 8
Multi-Tenant Retail Strip Center

1200 Hawthorne Ave NE, Salem, OR 97301

$605,000
7,200 sqft · 0.55 AC lot
Leased 7,200 SF multi‑tenant retail strip center on 0.55 acres
Stable cash flow from multiple established tenants
Well‑positioned along a commercial corridor with strong visibility
Convenient access plus on‑site parking
Less than 1 mile to Interstate 5 and access to downtown Salem
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Retail Storefront Property
Retail Storefront Property

4055 Silverton Rd NE, Salem, OR 97305

$399,900
1,013 sqft · 0.15 AC lot

For-sale retail storefront on a small lot in Salem, Oregon, with CR zoning for commercial use.

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Commercial Portfolio with Highway Frontage
Commercial Portfolio with Highway Frontage

1994 Commercial St NE, Salem, OR 97301

$1,400,000
9,299 sqft · 0.60 AC lot

Two-parcel commercial/industrial portfolio with showroom, office, and warehouse space.

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Versatile Commercial Property with Development Potential
Versatile Commercial Property with Development Potential

3650 Mainline Dr Ne, Salem, OR 97301

$1,300,000
7,246 sqft · 1.00 AC lot

Acre of level ground with existing structures and development potential.

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Corner Retail Lot For Sale
Corner Retail Lot For Sale

100 Lancaster Dr NE, Salem, OR

$1,600,000
23,146 sqft · 1.43 AC lot

Corner lot with access from two streets in Salem, OR.

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Spacious Retail Space in Salem
Spacious Retail Space in Salem

299 D Street NE, Salem, OR

$4,500,000
23,218 sqft · 1.97 AC lot

23,218 SF retail space available in March 2026.

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Retail Flex Investment Opportunity
Retail Flex Investment Opportunity

2425-2475 25th St SE, Salem, OR

$3,000,000
15,000 sqft · 1.31 AC lot

15,000 SF retail flex space in Salem, Oregon.

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Former Cinebarre Theater Redevelopment
Former Cinebarre Theater Redevelopment

501 Marion St NE, Salem, OR 97301

$3,950,000
37,152 sqft

Downtown theater on its own parcel with seven auditoriums and built-in kitchen and bar infrastructure for flexible adaptive reuse.

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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.

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Retail Strip Center For Sale
Retail Strip Center For Sale

1420 Lancaster Dr NE, Salem, OR

$6,500,000
4,200 sqft · 1.65 AC lot

Two-building retail strip center with vacancy, remodeled in 2019.

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Salem Retail Investment Opportunity
Salem Retail Investment Opportunity

2809 Market St NE, Salem, OR

$1,300,000
6,000 sqft · 0.88 AC lot

6,000 SF retail building in Salem's bustling retail corridor.

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NNN Retail Center with Storefronts
NNN Retail Center with Storefronts

1120-1130 Royvonne Ave SE, Salem, OR 97302

$1,875,000
5,697 sqft

NNN-structured retail center positioned within MU-III zoning, supporting a mix of retail, office, and related uses.

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High Visibility Location on State
High Visibility Location on State

217 State St, Salem, OR

$1,895,000
25,126 sqft · 0.16 AC lot

13,270 SF retail property in Salem for sale.

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Renovated Retail Building Investment Opportunity
Renovated Retail Building Investment Opportunity

2390 Fairgrounds Rd, Salem, OR 97301

$675,000

Leased retail building near I-5 and downtown Salem.

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Retail Property Near Interstate 5
Retail Property Near Interstate 5

4746 Portland Rd NE, Salem, OR

$4,175,000
37,870 sqft · 4.30 AC lot

Retail property with value-add opportunity in North Salem.

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Modern Retail Building For Sale
Modern Retail Building For Sale

4045 State St SE, Salem, OR 97301

$700,000
1 sqft

1,900 SF retail building built in 2018, great exposure.

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Retail and Office Space Available
Retail and Office Space Available

850-862 Lancaster Dr SE, Salem, OR 97317

$1,370,000
9 sqft

Mix of retail and professional office spaces for sale.

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Retail Building on Edgewater Street
Retail Building on Edgewater Street

1111-1117 Edgewater St NW, Salem, OR

$1,395,000
7,940 sqft · 0.23 AC lot

Retail building with three leased spaces and recent renovations.

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Retail/Office/Medical Building
Retail/Office/Medical Building

388 Commercial St NE, Salem, OR 97301

$2,900,000

Highly visible building at a lighted intersection, offered with a lease-back option for an owner-occupant suite.

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Mixed-Use Property in Salem
Mixed-Use Property in Salem

3545 Portland Rd NE, Salem, OR

$2,500,000
568 sqft · 1.13 AC lot

Versatile mixed-use property with retail, office, and warehouse space.

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South Salem Retail Opportunity
South Salem Retail Opportunity

2945 Liberty Rd S, Salem, OR

$3,595,000
19,095 sqft · 2.00 AC lot

High-traffic location with redevelopment potential in South Salem.

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Retail Space With Large Parking
Retail Space With Large Parking

4500 Commercial St SE, Salem, OR 97302

Contact for pricing

Retail space in South Salem with ample parking and strong retail neighbors like ULTA Beauty, Trader Joe’s, and Petco.

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Historic Firehouse with Rental Upside
Historic Firehouse with Rental Upside

246 State St, Salem, OR 97301

$950,000
4 sqft

Remodeled historic building with retail space and vacation rental units.

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Salem, OR Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Salem, OR, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 349,784 square feet of properties for sale, with an estimated market value of $58,909,900.

Sale prices for stores in Salem, OR start at $399,900, averaging $2,356,396, and reaching up to $6,500,000 — 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

Shopping centers 28
Storefront properties 16
Showrooms 9
Automotive properties 5
Auto shops 4

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 $399.9K
97317 $1.4M
97302 $1.5M
97301 $1.8M

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

Residential Income

Property Size Breakdown

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

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