True
Space Available For Lease 2
#248 Second Floor Retail - $2,000/Mo/NNN |
Second floor retail. 2,947 SF, provided by Seller. Open areas, private rooms, with a kitchen. Alvin J. NashTradition Real Estate Partners |
240B |
Single room office with shared use of common area and a private double parking space. Alvin J. NashTradition Real Estate Partners |
Contacts
Alvin J. Nash
Tradition Real Estate Partners
Property Details
- 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 Nov 16, 2024
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Highlights
- High Visibility Location Downtown
- 2,947 SF - Second Floor
- $0.68/SF/NNN
- 240-B: $950/Mo/MG
- 0.12 Acres of CB Zoned Property
- Private and Public Parking
- Near Riverfront Park
- Restaurants & Retailers Nearby
Attachments
Getting around
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Location
- City Salem, OR
- Neighborhood Central Salem
- Zip Code 97301
- Market Eugene
Points of Interest
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Salem
0.85 miles
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Brooks Historical Society Depot
8.20 miles
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Hopmere Station
8.28 miles
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Blink
0.04 miles
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ChargePoint
0.49 miles
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Arco Gas Station
0.66 miles
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Circle K
0.68 miles
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Pacific Pride
0.69 miles
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Space Age
0.87 miles
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Arco
1.05 miles
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76
1.10 miles
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Shell
1.15 miles
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Chevron
1.62 miles
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Chemeketa Parkade
0.05 miles
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Riverfront Park (North Lot)
0.17 miles
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Liberty Square Parkade
0.18 miles
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Riverfront Park (South Lot)
0.24 miles
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Marion Parkade
0.26 miles
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Pringle Parkade
0.35 miles
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Reserved Lot A
0.45 miles
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Green Lot - Dept of Admin Services
0.51 miles
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Permit Parking
0.53 miles
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Salem Library Parkade
0.54 miles
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Court Street Dairy Lunch
0.03 miles
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Rudy's Steakhouse
0.03 miles
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India Palace
0.04 miles
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Straight From New York Pizza (Downtown)
0.04 miles
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Precious Pizza
0.06 miles
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Chira's Restaurant And Catering
0.06 miles
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503 Sushi Bar
0.07 miles
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Thai Orchid Restaurant
0.07 miles
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Chronic Tacos
0.07 miles
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Honey & Co.
0.08 miles
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Reed Opera House
0.06 miles
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Salem Center (South)
0.13 miles
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Ross
0.16 miles
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Salem Center (North)
0.19 miles
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Kohl's
0.22 miles
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Macy's
0.24 miles
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Pringle Park Plaza
0.35 miles
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Grocery Outlet
0.54 miles
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Safeway
0.73 miles
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Roth's
0.80 miles
240-248 Commercial St NE Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
240-248 Commercial St NE is located in Central Salem, which is home to a total of 38 listing(s). Retail space at Prime Downtown Retail Location asks $479.08/SF/YR per square foot.
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The property includes 3,347 square feet of retail space for lease. Of this total, 3,347 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN, Modified Gross.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Central Salem is 34. The average household income here is $53,113 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Alvin J. Nash
Tradition Real Estate Partners