Prime Downtown Retail Location

240 Commercial St NE, Salem, OR 97301

  • For Sale $1,185,000
  • Property Type Retail - Street Retail
  • Property Size 6,797 SF
  • Lot Size 0.12 Acre
  • Year Built 1889
  • Date Updated Mar 26, 2024
Located on Commercial Street NE, one block south of Court Street in Salem.Prime downtown retail space available for Sale and Lease. 240 Commercial Street is 6,797 SF of prime retail space, sitting on 0.12 acres of CB Zoned property. Located on busy Commercial St in NE Salem, one block south of Court street. This location boasts high traffic and visibility, within walking distance to the Riverfront park, restaurants and retailers. This retail building includes two floors, 3,850 SF on the first floor and 2,947 SF on the second floor. Highly sought after private parking located in the back, with plentiful street and parkade parking. Contact Listing Broker for additional information.Prime downtown retail space available for lease. 240 Commercial Street is 6,550 SF of prime retail space, sitting on 0.12 acres of CB Zoned property. Located on busy Commercial St in NE Salem, one block south of Court street. This location boasts high traffic and visibility, within walking distance to the Riverfront park, restaurants and retailers. This 6,550 retail building includes two floors, 3,850 SF on the first floor and 2,947 SF on the second floor. Highly sought after private parking located in the back, with plentiful street and parkade parking within walking distance. Contact Listing Broker for additional information.

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Highlights

  • 6,797 SF Retail Building
  • 3,850 SF - First Floor
  • 2,947 SF - Second Floor
  • 0.12 Acres of CB Zoned Property
  • High Visibility Location
  • Private Onsite Parking
  • Near Riverfront Park

Contacts

broker

Alvin J. Nash

Tradition Real Estate Partners

(503) 559-9279

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem Amtrak Station

    0.85 miles

  • Blink

    0.15 miles

  • Blink

    0.19 miles

  • Blink

    0.23 miles

  • Blink

    0.25 miles

  • Arco Gas Station

    0.66 miles

  • Circle K

    0.68 miles

  • Pacific Pride

    0.69 miles

  • SemaConnect

    0.70 miles

  • ChargePoint

    0.72 miles

  • SemaConnect

    0.73 miles

  • Chemeketa Parkade

    0.05 miles

  • Riverfront Park (North Lot)

    0.17 miles

  • Liberty Square Parkade

    0.18 miles

  • Riverfront Park (South Lot)

    0.24 miles

  • Marion Parkade

    0.26 miles

  • Reserved Lot A

    0.45 miles

  • Permit Parking

    0.49 miles

  • Green Lot - Dept of Admin Services

    0.51 miles

  • Salem Library Parkade

    0.54 miles

  • Visitor Parking

    0.58 miles

  • Court Street Dairy Lunch

    0.03 miles

  • India Palace

    0.04 miles

  • Straight From New York Pizza

    0.04 miles

  • Macedonia Greek Restaurant

    0.06 miles

  • Chira's

    0.06 miles

  • Brown's Towne Lounge

    0.06 miles

  • 503 Sushi Bar

    0.06 miles

  • BelgiQue Sugar Waffles

    0.07 miles

  • Thai Orchid Restaurant

    0.07 miles

  • Busick Court Restaurant

    0.08 miles

  • JCPenney

    0.08 miles

  • Salem Center Mall

    0.13 miles

  • Ross

    0.16 miles

  • TJ Maxx

    0.19 miles

  • Kohl's

    0.22 miles

  • Macy's

    0.25 miles

  • Grocery Outlet

    0.54 miles

  • Safeway

    0.73 miles

  • Roth's West Salem

    0.80 miles

  • Safeway

    1.19 miles

Frequently Asked Questions

What is the lease rate for Prime Downtown Retail Location?

Rental asking rate at Prime Downtown Retail Location is $592,500.00/YR.

What is the total square footage of Prime Downtown Retail Location?

Prime Downtown Retail Location totals 6,797 square feet.

When was this property built?

Prime Downtown Retail Location was built in 1889.

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Contact Listing Broker

broker

Alvin J. Nash

Tradition Real Estate Partners

(503) 559-9279