360 & 370 State Street

360-370 State St, Salem, OR 97301

Property Information

  • For Lease $1.75/SF/MO
  • Property Type Retail
  • Property Size 6,732 SF
  • Lot Size 0.17 Acre
  • Year Built 1888
  • Date Updated Apr 30, 2026

Description

Two story mid-block retail building in the heart of downtown with two storefronts. The two available retail spaces are 3,060 SF (360 State) and 3,672 SF (370 State). This corridor of State Street is one of the most vibrant blocks in downtown Salem, with neighbors such as Wild Pear, Taproot, Manna Bakery, Ritters, and Fork Forty. Inquire with our team to discuss the potential for your business to reside in what will be a beautiful reuse of one of Salem’s historic gems.

 

The building is undergoing a complete historic renovation, blending modern infrastructure with historical elements and finishes throughout. The renovation will include new apartments on the second level and two retail spaces on the street level. The City of Salem’s Urban Development Department offers a Capital Improvement Grant which may be applicable to retail tenant improvements based on availability and project eligibility.

 

2 Spaces Available

360 State Street

Space Type

Retail

Lease Rate

$1.75/SF/MO

Total Space

3,672 SF

Divisible Space

3,672 - 3,672 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

370 State Street

Space Type

Retail

Lease Rate

$1.75/SF/MO

Total Space

3,060 SF

Divisible Space

3,060 - 3,060 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Jennifer Martin

First Commercial Real Estate

Conrad Venti

First Commercial Real Estate

Location

Located at 360-370 State St, Salem, OR 97301, this property is part of the Central Salem neighborhood and Eugene market.

Contact 360 & 370 State Street
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