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    Salem, OR
    Retail

    Salem, OR Retail Space for Sale

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    Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
    33 properties
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    Corner-Lot Retail Building
    Updated: Sep 2
    Corner-Lot Retail Building

    1890 Capitol St NE, Salem, OR 97301

    $587,500
    1,440 sqft 0.15 AC lot
    1,440‑square‑foot building on a 0.15‑acre corner lot
    Open retail area, two office or storage rooms, bathroom, and break room
    Seven on‑site parking spaces, plus adjacent street parking
    Adjacent to Salem Clinic; 2015 city data reported more than 12,000 vehicles passing daily
    Comm zoning; brick and shingle siding with forced‑air heating
    View details
    Four-Unit Flex Building
    Updated: Oct 12
    Four-Unit Flex Building

    1310-1330 12th St SE, Salem, OR 97302

    $1,200,000
    9,318 sqft
    9,318 SF freestanding building
    Four commercial units; three are leased
    Approx 3600 Vacant SF
    CG zoning
    Built in 1987
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    Freestanding Retail Building
    Freestanding Retail Building

    1695 Market St NE, Salem, OR 97301

    $945,000
    4,554 sqft

    Signalized corner property with showroom, office, open-room, and kitchen areas inside a fully fenced commercial site.

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    See hot listings in Salem

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Commercial Building
    Mixed-Use Commercial Building

    388 Commercial St NE, Salem, OR 97301

    $2,900,000
    13,448 sqft

    Property supports retail, office, and medical uses at a signalized intersection.

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    NNN Retail Property
    NNN Retail Property

    1220 12th St SE, Salem, OR 97302

    $2,500,000
    22,292 sqft

    Fully occupied commercial building with IC zoning and a long-term NNN lease structure.

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    Freestanding Retail Building with Parking
    Freestanding Retail Building with Parking

    3965-3985 Rich Dr NE, Salem, OR 97305

    $855,000
    3,125 sqft 0.25 AC lot

    Freestanding retail building is fully leased to two tenants and includes 17 striped parking spaces.

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    Full-Block Mixed-Use Property
    Full-Block Mixed-Use Property

    400 High St NE, Salem, OR 97301

    $8,899,999
    170,000 sqft 2.65 AC lot

    Vacant former department store with flexible CB zoning, structured parking, loading infrastructure, and a private mall connection.

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    Mixed-Use Building with Courtyard
    Mixed-Use Building with Courtyard

    1734 Center St, Salem, OR 97301

    $799,900
    5,099 sqft

    Two retail suites and six one-bedroom apartments share a private courtyard, laundry facilities, and alley access.

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    Retail Space with Private Offices
    Retail Space with Private Offices

    1245 Columbia St NE, Salem, OR 97301

    $180,000
    2,000 sqft

    Flexible storefront space in a newer strip center with natural light and a functional office-support layout.

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    Flexible Storefront with Office
    Flexible Storefront with Office

    245 Salem Heights Ave Se, Salem, OR 97302

    $359,900
    1,589 sqft

    An open interior includes a private office, restroom, storage, fenced outdoor area, and on-site parking.

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    8-Unit Mixed-Use Property
    8-Unit Mixed-Use Property

    1734-1748 Center St NE, Salem, OR 97301

    $799,900
    5,099 sqft

    Two storefronts are paired with private apartments, shared laundry, and a resident courtyard.

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    Leased Multi-Tenant Strip Center
    Leased Multi-Tenant Strip Center

    1200 Hawthorne Ave NE, Salem, OR 97301

    Contact for pricing
    7,200 sqft 0.55 AC lot

    Leased 7,200 SF retail strip center on 0.55 acres with multiple established tenants and on-site parking.

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    Storefront Space with Signage
    Storefront Space with Signage

    3380 Lancaster Dr NE, Salem, OR 97305

    $165,337
    1,554 sqft

    Move-in-ready commercial space offers retail or professional service functionality with dedicated support areas.

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    Lancaster Shopping Center Retail Space
    Lancaster Shopping Center Retail Space

    1895 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    13,296 sqft

    Medium-box retail space within a tenant mix anchored by Bottle Drop, Verizon, and RAC.

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    Open-Plan Retail Space
    Open-Plan Retail Space

    3800 Lancaster Dr NE, Salem, OR 97305

    $121,000
    1,210 sqft

    Flexible storefront layout with a rear ADA restroom and signage along Lancaster Dr NE.

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    Lancaster Center Shopping Center
    Lancaster Center Shopping Center

    1991 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    5,251 sqft

    Retail center featuring Bottle Drop, Verizon, and RAC as established occupants.

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    Office Unit with Kitchenette
    Office Unit with Kitchenette

    5044 Commercial St SE, Salem, OR 97306

    Contact for pricing
    500 sqft

    Modern office configuration with a private restroom and kitchenette for a small business setting.

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    Ground-Level Office Unit
    Ground-Level Office Unit

    156 Front St, Salem, OR 97301

    Contact for pricing
    740 sqft

    Suite 140 includes an ADA restroom, kitchenette, HVAC, and shared parking.

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    Retail Space with Drive-Through
    Retail Space with Drive-Through

    4981 Portland Rd NE, Salem, OR 97305

    Contact for pricing
    3,750 sqft

    New-construction shell space includes a restroom and partition walls.

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    Open-Plan Retail Space
    Open-Plan Retail Space

    1826 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    1,260 sqft

    Open lobby space includes offices, a kitchen, storage, and a private restroom.

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    Retail Space with Open Layout
    Retail Space with Open Layout

    1820 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    1,200 sqft

    The interior includes two open rooms, a small kitchen area, and two bathrooms, with office use also noted.

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    Anchored Shopping Center
    Anchored Shopping Center

    1901 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    3,000 sqft

    Center includes Bottle Drop, Verizon, and RAC as established anchor tenants.

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    Updated Retail Space
    Updated Retail Space

    3270 Market St, Salem, OR 97302

    Contact for pricing
    1,075 sqft

    Lobby, workroom, dedicated entrance, restroom, and on-site parking support a practical commercial layout.

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    Ground-Floor Mixed-Use Space
    Ground-Floor Mixed-Use Space

    2041 State St, Salem, OR 97301

    Contact for pricing
    1,750 sqft

    Retail or office space with separate front and rear areas, a remodeled bathroom, and on-site parking.

    View details
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    Salem, OR Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Salem, OR, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 356,454 square feet of properties for sale, with an estimated market value of $28,539,536.

    Sale prices for retail space in Salem, OR start at $121,000, averaging $2,038,538, and reaching up to $8,899,999 — 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

    Storefront properties 44
    Shopping centers 38
    Automotive properties 7
    Showrooms 6
    Auto shops 5

    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 $114.1K
    97302 $625K
    97301 $2.7M

    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

    Retail

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Browse Retail space for Sale Near Salem, OR

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    Most Searched ZIP Codes in Salem, OR

    • 97301
    • 97305
    • 97302
    • 97304
    • 97306

    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
    www.BHHSREP.com
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