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    Salem, UT
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    Salem, UT Retail Properties & Spaces for Sale

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    Woodland Hills, UT Payson, UT Elk Ridge, UT
    Commercial Property with Residential Use
    $1,349,900
    0.52 Acres
    Commercial Property with Residential Use

    555 W 300 S, Salem, UT 84653

    Commercial zoned property allowing residential use with shop and home.
    • Commercial zoning allows for both business and residential use
    • 35x36 shop with 220V 3‑phase power and natural gas heat
    • Extensively remodeled with new HVAC, roof, plumbing, flooring, and kitchen
    • Large master suite with updated bathroom and mini‑split HVAC
    • Large .52‑acre lot with fruit trees, greenhouse, garden area, mini‑moto track, waterfall, and pond
    Updated: Mar 12
    View details
    Prime Commercial Land Opportunity
    $2,622,312
    3.00 Acres
    Prime Commercial Land Opportunity

    Loafer Mountain Pkwy and SR 164, Salem, UT 84660

    Commercial land with high traffic, ideal for retail development.
    • High Traffic Location: Located off I‑15 at the Benjamin Exit with frontage on Loafer Mountain Parkway and 17th North.
    • Commercial/Retail Zoning: Zoned for C1, C2, and C3 commercial uses.
    • Master‑Planned Community: Part of the New Salem master‑planned community with 1,900+ residential units planned.
    • Utilities and Infrastructure: Seller to deliver super pads with perimeter roads installed and utilities stubbed to the lot.
    • Proximity to Arrowhead Park: Located just south of the brand new Arrowhead Park.
    Updated: Feb 2
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    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 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.

    Turnkey Investment Opportunity in Payson
    $1,450,000
    0.93 Acres
    Turnkey Investment Opportunity in Payson

    Fully rented commercial building with residential unit and long-term renters.

    675 S 100 W, Payson, UT 84651

    View details
    Restaurant with Top-Floor Apartment
    $895,000
    0.05 Acres
    Restaurant with Top-Floor Apartment

    Commercial mixed-use property combining an established restaurant with a three-bedroom apartment upstairs.

    242 N MAIN St, Spanish Fork, UT 84660

    View details
    Commercial Land for Automotive Uses
    $749,000
    48,351 SF
    Commercial Land for Automotive Uses

    Zoned S-1 for flexible automotive and retail development on a 1.11-acre commercial lot with a submitted concept plan.

    1546 West 800 South, Payson, UT 84651

    View details
    Renovated Mixed-Use Property For Sale
    Contact for pricing
    11,280 SF
    Renovated Mixed-Use Property For Sale

    Recently renovated mixed-use property suitable for retail or office use.

    72 N MAIN ST, Spanish Fork, UT 84660

    View details

    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.

    Palmyra Commercial Land For Lease
    Contact for pricing
    5.89 Acres
    Palmyra Commercial Land For Lease

    Spacious, partially fenced lot for commercial vehicle and equipment storage.

    851 W 6400 S, Palmyra, UT 84660

    View details
    Payson Commercial Corner Lot
    $549,900
    0.91 Acres
    Payson Commercial Corner Lot

    Prime commercial lot with high traffic count in Payson.

    450 S 100 W St, Payson, UT 84651

    View details
    Commercial Land Near I-15
    $796,625
    1.02 Acres
    Commercial Land Near I-15

    Commercial pad site with utilities, near I-15 and businesses.

    1235 W 940 S, Payson, UT 84651

    View details
    56.63 Acres in Utah County
    $17,267,620
    56.63 Acres
    56.63 Acres in Utah County

    Large land parcels in a high-demand Utah region.

    1010 S 300 W, Santaquin, UT 84655

    View details

    Off-Market Properties in Salem, UT

    Consider similar Off-Market properties in Salem, UT. 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.

    987 State Rd 198
    CAR WASH - AUTOMATED
    5,885 SF Lot: 3.05 Acres
    Value Estimation by Request

    987 State Rd 198, Salem, UT 84653-4505

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    682 State Rd 198
    GYM, HEALTH SPA
    1,477 SF Lot: 0.54 Acres
    Value Estimation by Request

    682 State Rd 198, Salem, UT 84653-4508

    View details
    1066 State Rd 198
    RETAIL STORES (PERSONAL SERVICES)
    2,612 SF Lot: 1.11 Acres
    Value Estimation by Request

    1066 State Rd 198, Salem, UT 84653-9350

    View details
    575 State Rd 198
    SHOPPING CENTER, STRIP CENTER
    10,639 SF Lot: 0.25 Acres
    Value Estimation by Request

    575 State Rd 198, Salem, UT 84653-5671

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    15 200th N
    FINANCIAL BUILDING
    1,690 SF Lot: 0.16 Acres
    Value Estimation by Request

    15 200th N, Salem, UT 84653-8404

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    597 State Rd 198
    SHOPPING CENTER, STRIP CENTER
    1,966 SF Lot: 0.05 Acres
    Value Estimation by Request

    597 State Rd 198, Salem, UT 84653-5668

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    601 State Rd 198
    SHOPPING CENTER, STRIP CENTER
    3,951 SF Lot: 0.09 Acres
    Value Estimation by Request

    601 State Rd 198, Salem, UT 84653-4504

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    130 Main St
    AUTO REPAIR, GARAGE
    1,871 SF Lot: 0.38 Acres
    Value Estimation by Request

    130 Main St, Salem, UT 84653-5698

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    591 State Rd 198
    SHOPPING CENTER, STRIP CENTER
    684 SF Lot: 0.02 Acres
    Value Estimation by Request

    591 State Rd 198, Salem, UT 84653-5668

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    532 State Rd 198
    CAR WASH - SELF-SERVE
    2,832 SF Lot: 0.41 Acres
    Value Estimation by Request

    532 State Rd 198, Salem, UT 84653-5622

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    543 State Rd 198
    SHOPPING CENTER, STRIP CENTER
    1,594 SF Lot: 0.03 Acres
    Value Estimation by Request

    543 State Rd 198, Salem, UT 84653-6201

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    640 State Rd
    SHOPPING CENTER, STRIP CENTER
    3,215 SF Lot: 0.63 Acres
    Value Estimation by Request

    640 State Rd, Salem, UT 84653

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    390 State Rd 198
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,067 SF Lot: 0.91 Acres
    Value Estimation by Request

    390 State Rd 198, Salem, UT 84653-6200

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    567 State Rd 198
    SHOPPING CENTER, STRIP CENTER
    1,696 SF Lot: 0.04 Acres
    Value Estimation by Request

    567 State Rd 198, Salem, UT 84653-5668

    View details
    1009 State Rd 198
    AUTO REPAIR, GARAGE
    5,050 SF Lot: 2.04 Acres
    Value Estimation by Request

    1009 State Rd 198, Salem, UT 84653-9350

    View details
    195 State Rd 198
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,125 SF Lot: 0.39 Acres
    Value Estimation by Request

    195 State Rd 198, Salem, UT 84653-4512

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    100 State Rd 198
    FINANCIAL BUILDING
    2,336 SF Lot: 0.36 Acres
    Value Estimation by Request

    100 State Rd 198, Salem, UT 84653

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    326 State Rd 198
    WHOLESALE OUTLET, DISCOUNT STORE
    21,841 SF Lot: 2.39 Acres
    Value Estimation by Request

    326 State Rd 198, Salem, UT 84653-5620

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    78 State Rd 198
    CONVENIENCE STORE
    4,597 SF Lot: 0.30 Acres
    Value Estimation by Request

    78 State Rd 198, Salem, UT 84653-4800

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    84 State Rd 198
    CONVENIENCE STORE
    4,597 SF Lot: 0.33 Acres
    Value Estimation by Request

    84 State Rd 198, Salem, UT 84653

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    Salem, UT 84653
    CONVENIENCE STORE
    4,597 SF Lot: 0.58 Acres
    Value Estimation by Request

    Salem, UT 84653

    View details
    648 State Rd 198
    AUTO REPAIR, GARAGE
    9,805 SF Lot: 1.25 Acres
    Value Estimation by Request

    648 State Rd 198, Salem, UT 84653-5688

    View details

    Salem, UT Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 38 retail properties & spaces for sale in Salem, UT on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,972,212.

    Sale prices for stores in Salem, UT start at $1,349,900, averaging $1,986,106, and reaching up to $2,622,312 — 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
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 3
    Storefront properties 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +26.9%
    Median Household Income $111,420
    College Educated 53.8%

    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
    Salem $1.3M
    Spanish Fork $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $13.38 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Utah County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Salem, UT

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    • 84660

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