Commercial Real Estate Listings in Salem, OR
The Salem real estate market has a lot to offer.
You will find that Industrial space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Retail space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Office
71
1,490,378 Sq. Ft.
Retail
71
2,066,862 Sq. Ft.
Industrial
51
13,885,220 Sq. Ft.
Office
8.54%
Retail
11.85%
Industrial
79.61%
Top Locations for Commercial Space in Salem, OR
Depending on the type of space that you’re looking for, different areas of Salem may suit your needs differently.
The city’s Central Salem neighborhood has the highest concentration of CRE listings, offering 101 availabilities on the market.
The Southeast Salem neighborhood is home to the second-largest number of leasing opportunities — 43 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Central Salem.
Neighborhood with most CRE Listings
No. of Spaces
Central Salem
101
Southeast Salem
43
South Central Salem
28
Neighborhood with most Office Listings
No. of Spaces
Central Salem
36
Southeast Salem
19
South Central Salem
13
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Northgate area is the local Salem submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Salem, you’ll find the most such opportunities for lease to be in Central Salem.
Neighborhood with most Industrial Listings
No. of Spaces
Northgate
20
Southeast Salem
15
Southeast Mill Creek
9
Neighborhood with most Retail Listings
No. of Spaces
Central Salem
40
South Central Salem
15
South Gateway
11
Commercial Real Estate for Sale in Salem, OR
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 13,520,227 square feet of commercial property for sale in Salem.
The largest investment opportunity on the local market offers 10,367,280 square feet of earning potential.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Salem, OR
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
4730 Liberty Road South, Faye Wright, Salem, ORProperty