Salem, OR Commercial Real Estate for Rent and Sale

Search 228 commercial real estate listings in Salem, OR and find helpful local stats in the Market Overview section below.

3510 Lancaster Dr NE

3510 Lancaster Dr NE, Hayesville, Salem, OR
Property

VacantLand
For Sale

$2,625,000
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Industrial Yard

5055 Turner Road SE, Southeast Mill Creek, Salem, OR
Property

VacantLand
Availability

1 Space

400,000 SF
For Lease

$0.10/SF/MO
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Industrial with Yard

3901 Timbet Drive Southeast, South Gateway, Salem, OR
Property

Industrial

3,256 SF
Availability

1 Space

3,256 SF
For Lease

$6,200.00/MO
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4405 Turner Road SE

4405 Turner Road SE, Southeast Mill Creek, Salem, OR
Property

Industrial

193,758 SF
Availability

1 Space

193,758 SF
Year Built

2024
For Lease

$0.85/SF/MO
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Looking for more specific results? Choose your preferred property type

Office Coworking Retail Industrial

Office Retail Industrial Land
Metropolitan Building

150-160 Liberty Street NE, Central Salem, Salem, OR
Property

Office

34,242 SF
Availability

7 Spaces

3,125 SF
Year Built

1916
For Lease

$1.75 - $2.50/SF/MO
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Professional Office Building

3871 Fairview Industrial Dr SE, Morningside, Salem, OR
Property

Office

17,411 SF
Availability

1 Space

5,417 SF
Year Built

1997
For Lease Contact for pricing
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810 Commercial St SE

810 Commercial St SE, South Central Salem, Salem, OR
Property

Retail

7,712 SF
Availability

11 Spaces

5,219 SF
For Lease

$25.66 - $36.00/SF/YR
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1940-2045 Hyacinth Street NE

1940-2045 Hyacinth Street NE, Northgate, Salem, OR
Property

VacantLand
For Sale

$12/SF - $14/SF
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Retail/Flex Space on Lancaster Drive

318-320 Lancaster Drive NE, Four Corners, Salem, OR
Property

Retail

5,000 SF
Availability

1 Space

2,700 SF
Year Built

1978
For Lease Contact for pricing
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3271 Lancaster Drive Northeast

3271 Lancaster Drive Northeast, North Lancaster, Salem, OR
Property

Retail

13,503 SF
Availability

1 Space

13,503 SF
For Lease Contact for pricing
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Kuebler Gateway

2521 Boone Road SE, South Gateway, Salem, OR
Property

Office

38,512 SF
Availability

1 Space

3,551 SF
Year Built

2014
For Lease Contact for pricing
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Industrial Land

Boone Rd SE, South Gateway, Salem, OR
Property

VacantLand
Availability

1 Space

200,811 SF
For Lease

$0.09/SF/MO
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Build-to-Suit for Lease or Sale | Mill Creek Logistics Center

4782 Deer Park Dr SE, Southeast Mill Creek, Salem, OR
Property

Industrial

1,064,000 SF
For Sale Contact for pricing
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4635 Commercial St SE

4635 Commercial St SE, Faye Wright, Salem, OR
Property

Retail
Availability

1 Space

3,014 SF
For Lease Contact for pricing
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Orchard Heights Land Development

3186 Orchard Heights Rd NW, West Salem, Salem, OR
Property

VacantLand
For Sale Contact for pricing
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Fairview Business Park

3501-3589 Fairview Industrial Dr SE, Morningside, Salem, OR
Property

Office

118,885 SF
Availability

1 Space

5,097 SF
Year Built

1996
For Lease

$1.25/SF/MO
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180 Ramsgate Square SE

180 Ramsgate Square SE, Faye Wright, Salem, OR
Property

Office

5,661 SF
Availability

1 Space

5,661 SF
For Lease Contact for pricing
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Office Building

2767 22nd St SE, Southeast Salem, Salem, OR
Property

Office

9,492 SF
Availability

1 Space

9,492 SF
For Lease

$1.20/SF/MO
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The Equitable Center

530 Center Street NE, Central Salem, Salem, OR
Property

Office

140,000 SF
Availability

1 Space

909 SF
Year Built

1976
For Lease

$1.85/SF/MO
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408 Lancaster Dr NE

408 Lancaster Dr NE, Four Corners, Salem, OR
Property

Office

8,120 SF
Year Built

1976
For Sale

$1,825,000
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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.

Salem, OR Commercial Real Estate Listings for Rent

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.

CRE for Rent in Salem, OR by Use Type

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 100 availabilities on the market. The Southeast Salem neighborhood is home to the second-largest number of leasing opportunities — 47 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.

Top Locations for CRE Listings in Salem, OR

Neighborhood with most CRE Listings No. of Spaces

Central Salem 100

Southeast Salem 47

South Central Salem 28

Top Locations for Office Listings in Salem, OR

Neighborhood with most Office Listings No. of Spaces

Central Salem 37

Southeast Salem 20

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.

Top Locations for Industrial Listings in Salem, OR

Neighborhood with most Industrial Listings No. of Spaces

Northgate 19

Southeast Salem 16

Southeast Mill Creek 11

Top Locations for Retail Listings in Salem, OR

Neighborhood with most Retail Listings No. of Spaces

Central Salem 38

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.

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