Salem, OR Retail properties & Spaces for Rent & Lease

Updated: Sep 10

Retail Space with LED Pylon Signage

1991-1991 Lancaster Dr Ne, Salem, OR 97305

$7,439/Mo

3,000 sqft

3,000‑square‑foot retail space
Brand‑new LED monument and pylon signage
Current lease extends through March 2027
Located at 1991‑1991 Lancaster Dr NE, Salem, OR
Anchored by Rent‑a‑Center and Bottle Drop

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Updated: Aug 7

Retail Space in Anchored Center

1915-1901 Lancaster Dr Ne, Salem, OR 97317

$4,260/Mo

3,000 sqft

Approximately 3,000 square feet of retail space
Located within Lancaster Center
Named neighboring businesses include Bottle Drop, Verizon, and RAC
1915‑1901 Lancaster Dr NE, Salem, OR
Property information cites high traffic counts

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Retail Suite with Established Co-Tenancy

1915-1991 Lancaster Dr Ne, Salem, OR 97317

$7,439/Mo

5,251 sqft

Retail space in Lancaster Center near Bottle Drop, Verizon, and RAC.

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Shopping Center Retail Suite

140-3405 Commercial St, Salem, OR 97302

$22 SF/Yr

1,200 sqft

The center includes Bedmart and Momiji's Sushi, with Fred Meyer across the street.

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Vacant Retail Space

1252 23rd Street SE, Salem, OR 97302

$24 SF/Yr

2,035 sqft

Vacant retail premises are available for lease in Salem, Oregon.

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Open-Plan Retail Space

1820 Lancaster Dr Ne, Salem, OR 97305

$1,620/Mo

1,200 sqft

Flexible interior layout can accommodate office or retail use.

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Commercial Street Pad Site Available

5785 Commercial Street, Salem, OR 97306

$38 SF/Yr

2,700 sqft

Freestanding pad site suitable for restaurant, bank, or retail.

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Prime Retail Space on Commercial

4336-4340 Commercial St. SE, Salem, OR 97302

$26 SF/Yr

2,792 sqft

Versatile spaces suitable for retail, restaurant, office, or fitness uses.

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Retail Space Available December 2025

5755-5795 Commercial St. SE, Salem, OR 97306

$28 SF/Yr

1,792 sqft

Retail spaces available in December 2025 in a busy center.

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Drive-Through Retail Shell Space

4885 Portland Rd Ne, Salem, OR 97305

$25 SF/Yr

3,750 sqft

Planned retail development offering a drive-through option with shell space, restrooms, and partition walls.

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Plumbing-Ready Storefront Space

249 -255 Liberty Street Southeast, Salem, OR 97301

$750/Mo

Flexible storefront and basement spaces feature extensive plumbing for retail, office, restaurant, and light production uses.

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Prime Retail Space on Commercial

5765 Commercial St SE, Salem, OR 97306

$26 SF/Yr

2,320 sqft

Versatile retail space in high-traffic Salem location.

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Flexible Multi-Level Retail Space

355 Liberty St NE, Salem, OR 97301

Contact for pricing

10,740 sqft

Former department store building offering adaptable configurations, loading access, and space for retail, fitness, creative, or destination uses.

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Freestanding Retail Building

5498 Commercial St SE, Salem, OR 97306

$4,519/Mo

Freestanding commercial building on Commercial St SE in a high-traffic retail corridor with reported average daily traffic.

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Large-Format Retail Space

1895 Lancaster Dr Ne, Salem, OR 97305

Contact for pricing

13,296 sqft

Flexible commercial space suited to gym or other retail use.

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Flex Space with Fenced Yard

318-320 Lancaster Dr NE, Salem, OR 97301

Contact for pricing

2,791 sqft

Flex space with an open, naturally lit retail area, roll-up door, and fenced yard, zoned Commercial General with shared parking.

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Anchored Retail Center

4635-4645 Commercial St SE, Salem, OR 97302

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3,014 sqft

Retail property with an established sporting-goods anchor and multiple complementary operators.

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Downtown Shopping Center Suites

401 Center St NE, Salem, OR 97301

Contact for pricing

1,984 sqft

Multi-suite retail center offering move-in-ready and shell-condition spaces across two buildings with public parking access.

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Retail Space with Glass Roll-Up Doors

2195 Hyacinth St NE, Salem, OR 97301

Contact for pricing

1,460 sqft

Retail/office flex space in a mixed-use development with skylights, secure restrooms, and 24/7 on-site security.

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End Cap Restaurant Space with Hood

560 Wallace Rd NW, Salem, OR 97304

Contact for pricing

1,400 sqft

End cap restaurant space with existing hood system and walk-in cooler, plus adjacent inline space option at a signalized intersection.

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Storefront Retail Space

3910-3928 Center St NE, Salem, OR 97301

Contact for pricing

1,350 sqft

Retail setting with pylon signage, multiple access points, and an established tenant mix.

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Retail and Warehouse Flex Space

320 Lancaster Dr NE, Salem, OR 97301

Contact for pricing

2,791 sqft

Retail suite includes an open showroom, natural light, a warehouse area with roll-up door, plus office and restroom.

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Retail Space in Salem Hub

1120-1264 Lancaster Dr SE, Salem, OR 97317

$10 SF/Yr

119,137 sqft

Retail space available in a growing Salem retail hub.

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Drive-Through Building in South Salem

1130 Royvonne Ave SE, Salem, OR 97302

$21 SF/Yr

670 sqft

Stand-alone drive-through building with patio seating in a retail area.

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Salem, OR Retail properties & Spaces Lease Rates & Market Statistics

Explore 81 Retail properties & Spaces for lease in Salem, OR on Realmo, a commercial real estate exchange covering the Salem area. The current inventory totals 478,011 square feet of properties — an average of ~5,900 SF per listing.

Asking lease rates for Retail properties & Spaces in Salem start at $10 SF/Yr, average $29.79 SF/Yr, and reach $117 SF/Yr at the top of the market. That's a 12x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $29.79 SF/Yr is in line with the Oregon state average.

Salem accounts for 83% of the 98 retail properties & spaces currently available across Marion County, where nearby markets include Keizer and Stayton. By space type, the market includes 25 shopping centers, 16 storefront properties and 4 showrooms — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.

Featured Salem Real Estate Agencies

Realmo connects you with licensed Salem CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Prudential Real Estate Professionals

1220 20th Street SE Salem, OR 97302

Phone: 15033713013

www.PrudentialHomeFinder.com

Berkshire Hathaway HomeServices Real Estate Professionals

1220 20th St SE Salem, OR 97302

Phone: 18005893161