True
Space Available For Lease 1
Space Available |
2,000 - 5,000 SF (900 SF BASEMENT INCLUDED) Unlock the potential of this 5,000 SF turnkey restaurant/bar space, ideally positioned in the heart of downtown Salem. Formerly home to the Night Deposit nightclub, this property offers an exceptional foundation for a new operator. Located along one of downtown’s main arterials, the site benefits from outstanding visibility, constant pedestrian activity, and strong daily traffic counts. The space includes approximately 900 SF of additional basement storage, providing ample room for operations, inventory, back-of-house uses, and flexibility. With its prominent location, strong surrounding retail, and built-in downtown energy, this property is positioned to attract both local regulars and visitors alike.
Tanner Morgan
First Commercial Real Estate
Joshua Kay
First Commercial Real Estate |
Contacts
First Commercial Real Estate
First Commercial Real Estate
Property Details
- Property Type Retail
- Property Size 12,236 SF
- Lot Size 0.21 Acre
- Year Built 1889
- Date Updated Apr 30, 2026
Reach out to the broker for more info on lease terms and amenities
Getting around
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76/100
Walk Score ®
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61/100
Transit Score ®
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88/100
Bike Score ®
Location
- City Salem, OR
- Neighborhood Central Salem
- Zip Code 97301
- Market Eugene
Points of Interest
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Salem
0.87 miles
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Brooks Historical Society Depot
8.25 miles
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Hopmere Station
8.34 miles
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Blink
0.11 miles
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ChargePoint
0.55 miles
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Arco Gas Station
0.61 miles
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Circle K
0.64 miles
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Pacific Pride
0.65 miles
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Space Age
0.85 miles
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Arco
1.10 miles
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Shell
1.15 miles
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76
1.17 miles
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Chevron
1.58 miles
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Chemeketa Parkade
0.11 miles
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Riverfront Park (North Lot)
0.15 miles
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Liberty Square Parkade
0.15 miles
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Riverfront Park (South Lot)
0.17 miles
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Pringle Parkade
0.32 miles
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Marion Parkade
0.33 miles
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Reserved Lot A
0.46 miles
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Salem Library Parkade
0.50 miles
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Permit Parking
0.53 miles
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Green Lot - Dept of Admin Services
0.58 miles
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Honey & Co.
0.01 miles
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Azul's Taco House
0.04 miles
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Masonry Grill
0.06 miles
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Court Street Dairy Lunch
0.07 miles
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Chira's Restaurant And Catering
0.08 miles
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Precious Pizza
0.08 miles
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India Palace
0.09 miles
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503 Sushi Bar
0.09 miles
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Noble Wave
0.10 miles
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Straight From New York Pizza (Downtown)
0.10 miles
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Reed Opera House
0.08 miles
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Salem Center (South)
0.21 miles
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Ross
0.23 miles
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Salem Center (North)
0.26 miles
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Kohl's
0.29 miles
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Macy's
0.32 miles
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Pringle Park Plaza
0.33 miles
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Grocery Outlet
0.59 miles
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Roth's
0.79 miles
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Safeway
0.79 miles
195 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.
195 Commercial St NE is located in Central Salem, which is home to a total of 45 listing(s). Retail space at 195 Commercial St NE asks $18.00/SF/YR per square foot.
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The property includes 5,000 square feet of retail space for lease. Of this total, 5,000 square feet are Restaurant.
Lease agreement conditions for the availability at this property include NNN.
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 $60,422 per year.
