Retail

Salem, OR Retail Space for Sale

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Keizer, OR Turner, OR Rickreall, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Silverton, OR
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Spacious Retail Space in Salem
Updated: Nov 24, 2025
Spacious Retail Space in Salem

299 D Street NE, Salem, OR

$4,500,000
23,218 sqft 1.97 AC lot
23,218 SF street‑level space in Salem's Downtown Riverfront Urban Renewal area.
Zoned Central Business District (CBD) offering flexibility for retail, grocery, entertainment, fitness, or other community‑serving concepts.
Full loading dock with truck turnaround and direct access from Commercial Street.
Clear‑span layout with exposed glue‑lam timbers.
Available for lease with occupancy beginning March 2026.
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This listing looks promising.

Here's a quick look at some key insights for

299 D Street NE, Salem, OR

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Retail Storefront Property
Updated: Apr 21
Retail Storefront Property

4055 Silverton Rd NE, Salem, OR 97305

$399,900
1,013 sqft 0.15 AC lot
Ductless heating
Shingle roof
Built in 1950
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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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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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Mixed-Use Plaza Del Sol, Salem
Mixed-Use Plaza Del Sol, Salem

3545-3599 Portland Road NE, Salem, OR 97301

$2,500,000
39,935 sqft 3.25 AC lot

Two-building property with retail, office, and warehouse space.

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Retail Building on Fairgrounds Road
Retail Building on Fairgrounds Road

1695 Fairgrounds Rd NE, Salem, OR 97301

$900,000
5,000 sqft

Retail building with frontage on Fairgrounds Rd for sale.

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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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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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Single-Tenant Retail Asset
Single-Tenant Retail Asset

525 9th St NW, Salem, OR 97304

Contact for pricing

Single-tenant Mud Bay offering within The Pointe at Glen Creek Class A retail center.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 9 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 1 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.

Remodeled Multi-Tenant Albany Investment Property
Remodeled Multi-Tenant Albany Investment Property

214 2nd Ave SW, Albany, OR

$850,000
6,854 sqft 0.16 AC lot

Turnkey investment opportunity in downtown Albany, Oregon with long-term tenants.

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Remodeled Commercial Space in McMinnville
Remodeled Commercial Space in McMinnville

636 NE Baker St, Mcminnville, OR

$995,000
3,887 sqft 0.24 AC lot

Versatile 3,887 SF space suitable for office or retail.

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Albany Retail Space For Sale
Albany Retail Space For Sale

350 NW Hickory St, Albany, OR 97321

$1,600,000
15,000 sqft

Retail space available for purchase in Albany, Oregon.

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Retail Space on Highway 99W
Retail Space on Highway 99W

2185 NE Hwy 99W, Mcminnville, OR

Contact for pricing
28,850 sqft 1.14 AC lot

High-traffic retail space adjacent to Wal-Mart in McMinnville, Oregon.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Salem, OR

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

2680 Portland NE Rd
RETAIL STORES (PERSONAL SERVICES)

2680 Portland NE Rd, Salem, OR 97301-0125

$760,000
Estimated value
4,125 sqft 0.42 AC lot
View details
1120 Lancaster SE Dr
RETAIL STORES (PERSONAL SERVICES)

1120 Lancaster SE Dr, Salem, OR 97317-5837

$3,245,000
Estimated value
10,138 sqft 0.82 AC lot
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1172 Edgewater NW St
RETAIL STORES (PERSONAL SERVICES)

1172 Edgewater NW St, Salem, OR 97304-4048

Value Estimation by Request
2,450 sqft 0.06 AC lot
View details
1930 Commercial SE St
RETAIL STORES (PERSONAL SERVICES)

1930 Commercial SE St, Salem, OR 97302-5206

Value Estimation by Request
0.10 AC lot
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356 State St
RETAIL STORES (PERSONAL SERVICES)

356 State St, Salem, OR 97301-3532

Value Estimation by Request
10,069 sqft 0.08 AC lot
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5395 Commercial SE St
RETAIL STORES (PERSONAL SERVICES)

5395 Commercial SE St, Salem, OR 97306-1015

$1,950,000
Estimated value
7,792 sqft 0.57 AC lot
View details
525 9th NW St, Unit 100
RETAIL STORES (PERSONAL SERVICES)

525 9th NW St, Salem, OR 97304-3131

Unit 100
$1,565,000
Estimated value
6,479 sqft 0.50 AC lot
View details
4552 Commercial SE St
RETAIL STORES (PERSONAL SERVICES)

4552 Commercial SE St, Salem, OR 97302-3918

$3,190,000
Estimated value
18,800 sqft 1.24 AC lot
View details
3410 Commercial SE St
RETAIL STORES (PERSONAL SERVICES)

3410 Commercial SE St, Salem, OR 97302-4635

$1,230,000
Estimated value
4,109 sqft 0.39 AC lot
View details
735 Edgewater St Nw Ste A
RETAIL STORES (PERSONAL SERVICES)

735 Edgewater St Nw Ste A, Salem, OR 97304-3870

$525,000
Estimated value
10,344 sqft 0.34 AC lot
View details
201 Commercial NE St
RETAIL STORES (PERSONAL SERVICES)

201 Commercial NE St, Salem, OR 97301-3411

$2,665,000
Estimated value
12,655 sqft 0.19 AC lot
View details
110 Stoneway NW Dr
RETAIL STORES (PERSONAL SERVICES)

110 Stoneway NW Dr, Salem, OR 97304-4517

Value Estimation by Request
1,234 sqft 0.19 AC lot
View details
645 9th NW St, Unit 105
RETAIL STORES (PERSONAL SERVICES)

645 9th NW St, Salem, OR 97304-3299

Unit 105
$3,300,000
Estimated value
16,793 sqft 1.79 AC lot
View details
4861 Lancaster NE Dr
RETAIL STORES (PERSONAL SERVICES)

4861 Lancaster NE Dr, Salem, OR 97305-1793

$1,065,000
Estimated value
6,732 sqft 0.68 AC lot
View details
4785 Salem Dallas NW Hwy
RETAIL STORES (PERSONAL SERVICES)

4785 Salem Dallas NW Hwy, Salem, OR 97304-3311

$595,000
Estimated value
3,342 sqft 5.60 AC lot
View details

Salem, OR Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Salem, OR, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 84,170 square feet of properties for sale, with an estimated market value of $12,249,900.

Sale prices for retail space in Salem, OR start at $399,900, averaging $2,041,650, and reaching up to $4,500,000 — 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 29
Storefront properties 20
Showrooms 7
Automotive properties 5
Auto shops 3

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
97302 $1.3M
97317 $1.4M
97301 $1.5M

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

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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