- For Lease $0.75/SF/MO
- Property Type Industrial - Flex - Industrial
- Property Size 14,279 SF
- Units 3
- Lot Size 0.58 Acre
- Year Built 1964
- Date Updated Jun 1, 2026
- HVAC None
Description
Located on highly visible Commercial Street in NE Salem, just south of Belmont Street. Near downtown Salem, Marion Street bridge and the Salem police department. With convenient access to the Salem Parkway, and interstate 5.Positioned along one of Salem’s highest-traffic corridors, this 14,279 SF industrial retail property offers exceptional street visibility and access just 2 miles north of downtown. Zoned MU-I (Mixed Use-Industrial), the site supports a wide range of commercial, retail, and light industrial uses.
The main level includes two storefront retail/showroom spaces and a warehouse area with concrete flooring, an 8' x 10.1' roll-up door, and an 8' x 10' slider split door for seamless loading and deliveries. The second floor features built-out office space, a large break room, and two restrooms, providing functional separation for administration and operations. Landlord will consider demising, warehouse, retail/office and showroom. This location offers plentiful private parking with 22 dedicated spaces, and additional overflow parking available.
Key Features:
14,279 SF total (flex warehouse/retail/office)
Multiple entry points for flexible use and traffic flow
3-phase power and robust infrastructure for industrial or production needs
Secure private lot with 22 dedicated parking spaces + overflow capacity
High-exposure signage opportunities on Commercial St NE
MU-I zoning supports a mix of commercial and industrial uses
Just 3 miles to I-5 via Salem Parkway and 50 miles south of Portland
This is a rare opportunity to lease a high-exposure, mixed-use industrial building with flexible configurations to accommodate retail, service, showroom, or warehouse/distribution uses in a strategic urban core location. Formerly Advanced Auto Parts, this property is ideal for automotive, mechanical, distribution, or a variety of other business uses thanks to its flexible layout and excellent location.
Highlights
- $0.75/SF/Mo/NNN
- 14,279 SF Flex/Retail Building
- 2 Miles from Downtown Salem
- 22 Onsite Parking Spaces with Overflow
- 3 Miles to I-5 via MLK Blvd Parkway
- 50 Miles South of Portland
- High Traffic Corridor with Street Frontage
- MU-I Zoned Property
- Robust Infrastructure with 3-Phase Power
True
1 Space Available
Freestanding Flex Retail Building - $10,710/Mo/NNN
Space Type
Industrial
Lease Rate
$0.75/SF/MO
Total Space
14,279 SF
Divisible Space
14,279 - 14,279 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
For demised space rents at $1.00/SF.
Contacts
Alvin J. Nash
Tradition Real Estate Partners
Location
Located at 1012 Commercial St NE, Salem, OR 97301, this property is part of the Central Salem neighborhood and Eugene market.
Contact Listing Broker
Alvin J. Nash
Tradition Real Estate Partners