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    Salem, OR
    Shopping Center

    Salem, OR Shopping Centers for Sale

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    Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
    11 properties
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    Retail Shopping Center With Vacant Unit
    Updated: Sep 9
    Retail Shopping Center With Vacant Unit

    1130 Royvonne AVE, Salem, OR 97302

    $1,725,000
    6,822 sqft
    6,822‑square‑foot shopping center
    One vacant unit configured for convenient‑mart use
    Some equipment included with the vacant unit
    Built in 2007
    MU‑III zoning allows retail, office, and commercial service uses
    View details
    Full-Block Mixed-Use Property
    Updated: Aug 14
    Full-Block Mixed-Use Property

    400 High St NE, Salem, OR 97301

    $8,899,999
    170,000 sqft 2.65 AC lot
    Approximately 170,000 square feet across three primary retail levels
    2.65‑acre full‑block site at 400 High Street NE in downtown Salem
    Five‑story secured parking structure with more than 600 stalls
    Signalized intersections on all four corners; combined traffic exceeds 35,000 vehicles per day
    Private skybridge connection to adjacent Salem Center Mall
    View details
    Downtown Salem Investment Opportunity
    Downtown Salem Investment Opportunity

    300-390 Liberty St SE, 410 & 420 Mill St SE, & 305-395 High St SE, Salem, OR 97301

    $5,950,000
    61,521 sqft

    Fully occupied Salem property with high rental upside potential.

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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
    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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    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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    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Anchored Shopping Center Property
    Anchored Shopping Center Property

    1915 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    3,000 sqft

    Established co-tenancy includes Bottle Drop, Verizon, and RAC.

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    NNN Retail Center with Storefronts
    NNN Retail Center with Storefronts

    1120-1130 Royvonne Ave SE, Salem, OR 97302

    Contact for pricing
    5,697 sqft

    NNN-structured retail center positioned within MU-III zoning, supporting a mix of retail, office, and related uses.

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    Retail Strip Center For Sale
    Retail Strip Center For Sale

    1420 Lancaster Dr NE, Salem, OR

    Contact for pricing
    4,200 sqft 1.65 AC lot

    Two-building retail strip center with vacancy, remodeled in 2019.

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    Two-Building Retail Strip Center
    Two-Building Retail Strip Center

    1420 Lancaster Dr NE, Salem, OR 97301

    Contact for pricing
    26,965 sqft

    Two-building retail strip center with seven tenants and one available retail space, recently remodeled exterior and signage improvements.

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    Shopping Center at Signalized Intersection
    Shopping Center at Signalized Intersection

    2025-2423 Lancaster Dr NE, Salem, OR 97305

    Contact for pricing
    49,192 sqft

    Shopping center positioned at the signalized intersection of Lancaster Dr NE and Sunnyview Road in Salem.

    View details
    Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 11 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    22566 Southwest Washington Street, Sherwood, OR 97140

    Contact for pricing
    10,553 sqft

    Established retail and office occupancy supports a diversified commercial configuration in Old Town Sherwood.

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    Langer Farms Shopping Center with Red Robin
    Langer Farms Shopping Center with Red Robin

    21170 SW Langer Farms Pkwy, Sherwood, OR 97140

    Contact for pricing
    28,122 sqft

    Two inline retail buildings plus a ground-leased Red Robin pad, shadow-anchored by Target in Sherwood.

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    Retail Center Anchored by Dollar Tree
    Retail Center Anchored by Dollar Tree

    14621-14627 SE Mcloughlin Blvd, Milwaukie, OR 97267

    Contact for pricing
    7,307 sqft

    Retail development anchored by Dollar Tree and OnPoint Community Credit Union at a signalized Hwy 99E intersection.

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    Retail Space in Milwaukie Center
    Retail Space in Milwaukie Center

    14621-14627 SE Mcloughlin Blvd, Milwaukie, OR

    Contact for pricing
    2,382 sqft 1.33 AC lot

    Retail space available in high-traffic Milwaukie location.

    View details

    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.

    4450 Commercial SE St
    SHOPPING CENTER, STRIP CENTER

    4450 Commercial SE St, Salem, OR 97302-3916

    Estimated value:
    $545,000
    53,062 sqft 0.58 AC lot
    View details
    4450 Commercial SE St
    SHOPPING CENTER, STRIP CENTER

    4450 Commercial SE St, Salem, OR 97302-3916

    Estimated value: by Request
    53,062 sqft 2.84 AC lot
    View details
    285 Liberty NE St
    MINI-MALL

    285 Liberty NE St, Salem, OR 97301-3865

    Estimated value: by Request
    80,724 sqft 0.47 AC lot
    View details
    2460 Msn SE St
    SHOPPING CENTER, STRIP CENTER

    2460 Msn SE St, Salem, OR 97302-1119

    Estimated value:
    $565,000
    116,336 sqft 10.72 AC lot
    View details
    3802 Ctr NE St
    SHOPPING CENTER, STRIP CENTER

    3802 Ctr NE St, Salem, OR 97301-2905

    Estimated value:
    $20,600,000
    62,405 sqft 5.52 AC lot
    View details
    401 Ctr NE St
    MINI-MALL

    401 Ctr NE St, Salem, OR 97301-3661

    Estimated value:
    $4,450,000
    131,632 sqft 0.34 AC lot
    View details
    2737 Lancaster NE Dr
    SHOPPING CENTER, STRIP CENTER

    2737 Lancaster NE Dr, Salem, OR 97305-4134

    Estimated value: by Request
    5,070 sqft 0.89 AC lot
    View details
    2927 Broadway NE St
    SHOPPING CENTER, STRIP CENTER

    2927 Broadway NE St, Salem, OR 97303-6562

    Estimated value: by Request
    28,645 sqft 2.21 AC lot
    View details
    2157 Lancaster NE Dr
    SHOPPING CENTER, STRIP CENTER

    2157 Lancaster NE Dr, Salem, OR 97305-1228

    Estimated value:
    $465,000
    2,886 sqft 0.22 AC lot
    View details
    Salem, OR 97302
    SHOPPING CENTER, STRIP CENTER

    Salem, OR 97302

    Estimated value:
    $345,000
    1.14 AC lot
    View details
    4516 Sunnyside SE Rd
    SHOPPING CENTER, STRIP CENTER

    4516 Sunnyside SE Rd, Salem, OR 97302-3929

    Estimated value: by Request
    6,500 sqft 0.28 AC lot
    View details
    5250 Commercial SE St
    SHOPPING CENTER, STRIP CENTER

    5250 Commercial SE St, Salem, OR 97306-1018

    Estimated value: by Request
    120,648 sqft 16.05 AC lot
    View details
    3284 Lancaster NE Dr
    SHOPPING CENTER, STRIP CENTER

    3284 Lancaster NE Dr, Salem, OR 97305-1133

    Estimated value: by Request
    48,200 sqft 4.33 AC lot
    View details

    Salem, OR Shopping Centers Market Trends and Statistics

    Explore 55 shopping centers for sale in Salem, OR, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 348,944 square feet of properties for sale, with an estimated market value of $16,574,999.

    Sale prices for plazas in Salem, OR start at $1,725,000, averaging $5,524,999, 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 47
    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
    97302 $1.7M
    97301 $7.4M

    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.

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    Browse Shopping centers for Sale Near Salem, OR

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    Most Searched ZIP Codes in Salem, OR

    • 97305
    • 97301
    • 97302

    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
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