Prime Downtown Retail Location

For Sale

240 Commercial St NE, Salem, OR 97301

This Salem property for sale is located at 240 Commercial St NE. The current listed sale price for Prime Downtown Retail Location is $1,185,000. Prime Downtown Retail Location is situated on a lot that is 0.12 acre in size.

Contacts

broker

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 Oct 10, 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, This second floor retail space has large open areas, private rooms and a kitchen, with great natural lighting. 240-B is a single office space, approximately 400 SF with common area restroom, located on the main level with alley access and comes with a private double parking spot. 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

Attachments

Getting around

  • 79/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Central Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    0.85 miles

  • Brooks Historical Society Depot

    8.20 miles

  • Hopmere Station

    8.28 miles

  • Blink

    0.04 miles

  • ChargePoint

    0.49 miles

  • Arco Gas Station

    0.66 miles

  • Circle K

    0.68 miles

  • Pacific Pride

    0.69 miles

  • Space Age

    0.87 miles

  • Arco

    1.05 miles

  • 76

    1.10 miles

  • Shell

    1.15 miles

  • Chevron

    1.62 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

  • Pringle Parkade

    0.35 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

  • Court Street Dairy Lunch

    0.03 miles

  • Rudy's Steakhouse

    0.03 miles

  • India Palace

    0.04 miles

  • Straight From New York Pizza (Downtown)

    0.04 miles

  • Precious Pizza

    0.06 miles

  • Chira's Restaurant And Catering

    0.06 miles

  • 503 Sushi Bar

    0.07 miles

  • Thai Orchid Restaurant

    0.07 miles

  • Chronic Tacos

    0.07 miles

  • Honey & Co.

    0.08 miles

  • Reed Opera House

    0.06 miles

  • Salem Center (South)

    0.13 miles

  • Ross

    0.16 miles

  • Salem Center (North)

    0.19 miles

  • Kohl's

    0.22 miles

  • Macy's

    0.24 miles

  • Pringle Park Plaza

    0.35 miles

  • Grocery Outlet

    0.54 miles

  • Safeway

    0.73 miles

  • Roth's

    0.80 miles

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

broker

Alvin J. Nash

Tradition Real Estate Partners