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
  • Additional Rent Contact for pricing
  • Year Built 1889
  • Date Updated Aug 14, 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 of fully leased space 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.Downtown retail space available for lease. 248 Commercial Street is 2,947 SF of second floor 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, within walking distance to the Riverfront park, restaurants and retailers. This second floor retail space has large open areas, private rooms and a kitchen, with great natural lighting, and plentiful street and parkade parking next door. Contact Listing Broker for additional information.

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Highlights

  • 6,797 SF Retail Building
  • 3,850 SF - First Floor - Fully Leased
  • 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

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

    0.25 miles

  • Blink

    0.50 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

  • Green Lot - Dept of Admin Services

    0.51 miles

  • Permit Parking

    0.53 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

  • Ross

    0.16 miles

  • TJ Maxx

    0.19 miles

  • Salem Center Mall

    0.19 miles

  • Kohl's

    0.22 miles

  • Macy's

    0.25 miles

  • Grocery Outlet

    0.54 miles

  • Roth's West Salem

    0.80 miles

  • Safeway

    1.19 miles

  • LifeSource Natural Foods

    1.86 miles

Frequently Asked Questions

How much does Prime Downtown Retail Location cost?

The space currently listed for sale at Prime Downtown Retail Location asks for $1,185,000.

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