- 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.
True
2 Spaces Available
360 State Street
Retail
$1.75/SF/MO
3,672 SF
3,672 - 3,672 SF
Immediate
NNN
Yes
No
370 State Street
Retail
$1.75/SF/MO
3,060 SF
3,060 - 3,060 SF
Immediate
NNN
Yes
No
Contacts
First Commercial Real Estate
First Commercial Real Estate