Map of Property

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

(503) 559-9279

Property Details

  • Property Type Retail - Street Retail
  • Property Size 6,797 SF
  • Lot Size 0.12 Acre
  • Year Built 1889
  • Date Updated Mar 26, 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 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.Prime downtown retail space available for lease. 240 Commercial Street is 6,550 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 6,550 retail building includes two floors, 3,850 SF 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 within walking distance. Contact Listing Broker for additional information.

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Highlights

  • 6,797 SF Retail Building
  • 3,850 SF - First Floor
  • 2,947 SF - Second Floor
  • 0.12 Acres of CB Zoned Property
  • High Visibility Location
  • Private Onsite Parking
  • Near Riverfront Park

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 Amtrak Station

    0.85 miles

  • Blink

    0.15 miles

  • Blink

    0.19 miles

  • Blink

    0.23 miles

  • Blink

    0.25 miles

  • Arco Gas Station

    0.66 miles

  • Circle K

    0.68 miles

  • Pacific Pride

    0.69 miles

  • SemaConnect

    0.70 miles

  • ChargePoint

    0.72 miles

  • SemaConnect

    0.73 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

  • Reserved Lot A

    0.45 miles

  • Permit Parking

    0.49 miles

  • Green Lot - Dept of Admin Services

    0.51 miles

  • Salem Library Parkade

    0.54 miles

  • Visitor Parking

    0.58 miles

  • Court Street Dairy Lunch

    0.03 miles

  • India Palace

    0.04 miles

  • Straight From New York Pizza

    0.04 miles

  • Macedonia Greek Restaurant

    0.06 miles

  • Chira's

    0.06 miles

  • Brown's Towne Lounge

    0.06 miles

  • 503 Sushi Bar

    0.06 miles

  • BelgiQue Sugar Waffles

    0.07 miles

  • Thai Orchid Restaurant

    0.07 miles

  • Busick Court Restaurant

    0.08 miles

  • JCPenney

    0.08 miles

  • Salem Center Mall

    0.13 miles

  • Ross

    0.16 miles

  • TJ Maxx

    0.19 miles

  • Kohl's

    0.22 miles

  • Macy's

    0.25 miles

  • Grocery Outlet

    0.54 miles

  • Safeway

    0.73 miles

  • Roth's West Salem

    0.80 miles

  • Safeway

    1.19 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

(503) 559-9279