- For Lease $1.25/SF/MO
- Property Type Retail - Freestanding
- Property Size 4,554 SF
- Units 1
- Lot Size 0.27 Acre
- Parking Spaces Avail. 10
- Year Built 1940
- Date Updated Sep 2, 2026
Description
Located on the signaled intersection of Market Street and 17th Street in Salem.Position your business at one of NE Salem’s prominent commercial intersections, with excellent visibility and convenient access at the signalized corner of Market Street and 17th Street NE. Generating approximately 17,000–18,700 vehicles per day, this highly visible location provides strong exposure to both local and commuter traffic.
The 4,554 SF freestanding commercial building sits on a fully fenced property and offers the independence, visibility, and flexibility that come with a standalone commercial location. The property provides an excellent opportunity for an owner-user seeking to establish or expand a business in a well-connected Salem location, while also offering flexibility for an investor or tenant looking for a prominent retail or service-oriented setting.
Conveniently located just minutes from Interstate 5 and downtown Salem, the property provides efficient access to surrounding neighborhoods, major commercial corridors, employment centers, and the greater Salem market. Its location along Market Street places it within an established commercial area with a mix of retail, professional services, and other businesses, creating a strong environment for customer-oriented uses.
With both sale and lease opportunities available, 1695 Market Street NE offers a rare combination of a freestanding building, prominent street presence, flexible commercial potential, and a highly accessible NE Salem location.Highly visible location for lease, at the signalized intersection of Market and 17th Street in NE Salem. This freestanding 4,554 SF commercial building offers a flexible layout, prominent street exposure, and a fully fenced property, providing an excellent setting for retail, showroom, office, or service-oriented businesses.
The interior features a spacious showroom area, private office space, multiple open rooms, and a kitchen area, offering a functional layout with flexibility for a variety of business operations. The building's previous use as a fireplace and stove retail showroom provides a strong retail-oriented configuration while allowing a new tenant to adapt the space to their specific needs.
The freestanding building, fenced site, and signalized corner location provide a combination of visibility, accessibility, and flexibility that is hard to find. Conveniently located in NE Salem with excellent exposure along Market Street with nearby connectivity to Interstate 5, this property offers an opportunity to establish your business in a well-positioned commercial location.
True
1 Space Available
Freestanding Commercial Building - 4,554 SF
Space Type
Retail
Lease Rate
$1.25/SF/MO
Total Space
4,554 SF
Divisible Space
4,554 - 4,554 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Alvin J. Nash
Tradition Real Estate Partners
Location
Located at 1695 Market St NE, Salem, OR 97301, this property is part of the Northeast Neighbors neighborhood and Eugene market.
Contact Listing Broker
Alvin J. Nash
Tradition Real Estate Partners