Salem, UT Retail Properties & Spaces for Sale

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Woodland Hills, UT Payson, UT Elk Ridge, UT Santaquin, UT Spanish Fork, UT Benjamin, UT Mapleton, UT Springville, UT

Updated: Jun 23

Retail Suite with Spa Rooms

109-523 N State Road 198, Salem, UT 84653

$1,425,000

7,309 sqft

7309 Sq ft main‑floor suite
Located in South Valley Plaza on SR 198
Multiple access points serve the property
Existing spa rooms and additional office spaces
Extra‑large event or training room

View details

Updated: Jun 22

Car Wash Anchored Retail Site

987 N State Road 198, Salem, UT 84653

$1,176,120

Car wash anchored retail site in Salem, UT
Located on the main highway for visibility to passing traffic
Near a local grocery
Adjacent to or near nearby housing development

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Prime Commercial Land Opportunity

Loafer Mountain Pkwy and SR 164, Salem, UT 84660

Contact for pricing

3.00 AC lot

Commercial land with high traffic, ideal for retail development.

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See what stands out in Utah County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 3 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.

Renovated Main Street Storefront

511 S Main St, Springville, UT 84663

$545,000

1,628 sqft

Commercially zoned space supports retail, office, and professional-service uses with accessible entry and abundant daylight.

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Renovated Mixed-Use Property For Sale

72 N MAIN ST, Spanish Fork, UT 84660

$3,000,000

11,280 sqft

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

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Remodeled Two-Bay Auto Shop

872 N Main St, Spanish Fork, UT 84660

$1,899,000

Remodeled two-bay auto shop with main-street signage and a former car-lot yard for 40–45 trucks.

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Springville Retail Property For Sale

665 E 400 S, Springville, UT

Contact for pricing

5,141 sqft 1.07 AC lot

Retail property built in 2008, located in Springville, Utah.

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.

Commercial Corner Lot

450 S 100 W St, Payson, UT 84651

$549,900

0.91 AC lot

Commercially zoned corner parcel with sewer, water, and natural gas availability nearby.

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Improved Commercial Pad Site

1235 W 940 S, Payson, UT 84651

$796,625

1.02 AC lot

Commercially zoned pad with utilities stubbed and permitting readiness for new construction.

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Springville Mixed-Use Land Opportunity

1500 West 400 South, Springville, UT 84663

Contact for pricing

8.61 AC lot

8.61 acres of mixed-use land in Springville, Utah.

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56.63 Acres in Utah County

1010 S 300 W, Santaquin, UT 84655

Contact for pricing

56.63 AC lot

Large land parcels in a high-demand Utah region.

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.

CAR WASH - AUTOMATED

987 State Rd 198, Salem, UT 84653-4505

Estimated value:

$750,000

5,885 sqft 3.05 AC lot

View details

GYM, HEALTH SPA

682 State Rd 198, Salem, UT 84653-4508

Estimated value:

$470,000

1,477 sqft 0.54 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1066 State Rd 198, Salem, UT 84653-9350

Estimated value:

$555,000

2,612 sqft 1.11 AC lot

View details

SHOPPING CENTER, STRIP CENTER

575 State Rd 198, Salem, UT 84653-5671

Estimated value:

$495,000

10,639 sqft 0.25 AC lot

View details

FINANCIAL BUILDING

15 200th N, Salem, UT 84653-8404

Estimated value:

$775,000

1,690 sqft 0.16 AC lot

View details

SHOPPING CENTER, STRIP CENTER

597 State Rd 198, Salem, UT 84653-5668

Estimated value:

$335,000

1,966 sqft 0.05 AC lot

View details

SHOPPING CENTER, STRIP CENTER

601 State Rd 198, Salem, UT 84653-4504

Estimated value:

$475,000

3,951 sqft 0.09 AC lot

View details

AUTO REPAIR, GARAGE

130 Main St, Salem, UT 84653-5698

Estimated value:

by Request

1,871 sqft 0.38 AC lot

View details

SHOPPING CENTER, STRIP CENTER

591 State Rd 198, Salem, UT 84653-5668

Estimated value:

by Request

684 sqft 0.02 AC lot

View details

CAR WASH - SELF-SERVE

532 State Rd 198, Salem, UT 84653-5622

Estimated value:

$645,000

2,832 sqft 0.41 AC lot

View details

SHOPPING CENTER, STRIP CENTER

543 State Rd 198, Salem, UT 84653-6201

Estimated value:

$345,000

1,594 sqft 0.03 AC lot

View details

SHOPPING CENTER, STRIP CENTER

640 State Rd, Salem, UT 84653

Estimated value:

$665,000

3,215 sqft 0.63 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

390 State Rd 198, Salem, UT 84653-6200

Estimated value:

$550,000

4,067 sqft 0.91 AC lot

View details

SHOPPING CENTER, STRIP CENTER

567 State Rd 198, Salem, UT 84653-5668

Estimated value:

$520,000

1,696 sqft 0.04 AC lot

View details

AUTO REPAIR, GARAGE

1009 State Rd 198, Salem, UT 84653-9350

Estimated value:

$570,000

5,050 sqft 2.04 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

195 State Rd 198, Salem, UT 84653-4512

Estimated value:

$460,000

2,125 sqft 0.39 AC lot

View details

FINANCIAL BUILDING

100 State Rd 198, Salem, UT 84653

Estimated value:

$685,000

2,336 sqft 0.36 AC lot

View details

WHOLESALE OUTLET, DISCOUNT STORE

326 State Rd 198, Salem, UT 84653-5620

Estimated value:

$710,000

21,841 sqft 2.39 AC lot

View details

CONVENIENCE STORE

78 State Rd 198, Salem, UT 84653-4800

Estimated value:

by Request

4,597 sqft 0.30 AC lot

View details

CONVENIENCE STORE

84 State Rd 198, Salem, UT 84653

Estimated value:

$585,000

4,597 sqft 0.33 AC lot

View details

CONVENIENCE STORE

Salem, UT 84653

Estimated value:

$760,000

4,597 sqft 0.58 AC lot

View details

Salem, UT Retail Properties & Spaces Market Trends and Statistics

Explore 39 retail properties & spaces for sale in Salem, UT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,309 square feet of properties for sale, with an estimated market value of $2,601,120.

Sale prices for stores in Salem, UT start at $1,176,120, averaging $1,300,560, and reaching up to $1,425,000 — 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 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
84653	$1.4M

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)

Average Property Price per SF

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

Residential Income

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Salem, UT Retail Properties & Spaces for Sale

109-523 N State Road 198, Salem, UT 84653

987 N State Road 198, Salem, UT 84653

Loafer Mountain Pkwy and SR 164, Salem, UT 84660

Opportunities in Nearby Cities

511 S Main St, Springville, UT 84663

72 N MAIN ST, Spanish Fork, UT 84660

872 N Main St, Spanish Fork, UT 84660

665 E 400 S, Springville, UT

Potential Development Sites for Consideration

450 S 100 W St, Payson, UT 84651

1235 W 940 S, Payson, UT 84651

1500 West 400 South, Springville, UT 84663

1010 S 300 W, Santaquin, UT 84655

Off-Market Properties in Salem, UT

987 State Rd 198, Salem, UT 84653-4505

682 State Rd 198, Salem, UT 84653-4508

1066 State Rd 198, Salem, UT 84653-9350

575 State Rd 198, Salem, UT 84653-5671

15 200th N, Salem, UT 84653-8404

597 State Rd 198, Salem, UT 84653-5668

601 State Rd 198, Salem, UT 84653-4504

130 Main St, Salem, UT 84653-5698

591 State Rd 198, Salem, UT 84653-5668

532 State Rd 198, Salem, UT 84653-5622

543 State Rd 198, Salem, UT 84653-6201

640 State Rd, Salem, UT 84653

390 State Rd 198, Salem, UT 84653-6200

567 State Rd 198, Salem, UT 84653-5668

1009 State Rd 198, Salem, UT 84653-9350

195 State Rd 198, Salem, UT 84653-4512

100 State Rd 198, Salem, UT 84653

326 State Rd 198, Salem, UT 84653-5620

78 State Rd 198, Salem, UT 84653-4800

84 State Rd 198, Salem, UT 84653

Salem, UT 84653

Salem, UT 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)

Average Property Price per SF

Residential Income

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