Salem, OR Commercial Real Estate for Lease

Search 198 commercial real estate listings for lease in Salem, OR, including the latest local availabilites across all property types and find helpful local stats in the Market Overview section below.

110-170 Division St. NE

110-170 Division St. NE, Central Salem, Salem, OR
Property Type

Industrial
For Lease

$7,750.00/MO
1 space available / 11,098 SF
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Willamette Workspace
Willamette Workspace
146 Chemawa Road North, Keizer, OR
Property Type

Private Offices
For Lease

Contact for pricing
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Oak Park Plaza

3380 Lancaster Dr NE, Hayesville, Salem, OR
Property Type

Retail
For Lease

$24.00/SF/YR
2 spaces available / 1,226 - 1,553 SF
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1415 Commercial St SE

1415 Commercial St SE, South Central Salem, Salem, OR
Property Type

Office
For Lease

$1.58/SF/MO
3 spaces available / 1,075 - 1,185 SF
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3220 & 3224 Pringle Road SE

3220 Pringle Road SE, Southeast Salem, Salem, OR
Property Type

Industrial
For Lease

$0.10 - $0.72/SF/MO
5 spaces available / 1,600 - 20,000 SF
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River City Mall

1094 Lancaster Drive NE, East Lancaster, Salem, OR
Property Type

Retail
For Lease

$24.00 - $25.00/SF/YR
3 spaces available / 1,560 - 4,440 SF
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Commercial Real Estate Listings for Lease in Salem, OR

The Salem real estate market has a lot to offer. You will find that Industrial accounts for the largest share of CRE for lease opportunities on the local market. Meanwhile, Retail accounts for the second-largest share of local listings for rent.

Salem, OR Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Retail 82 909,635 Sq. Ft.

Office 79 642,460 Sq. Ft.

Industrial 46 2,509,836 Sq. Ft.

CRE for Rent in Salem, OR by Use Type

Office

15.82%

Retail

22.39%

Industrial

61.79%

Top Locations for Commercial Space for Lease 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 for lease, offering 116 availabilities on the market. The Southeast Salem neighborhood is home to the second-largest number of leasing opportunities — 54 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 116

Southeast Salem 54

Northgate 37

Top Locations for Office Listings in Salem, OR

Neighborhood with most Office Listings No. of Spaces

Central Salem 42

Southeast Salem 20

South Central Salem 16

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 the location 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 28

Southeast Salem 16

West Salem 8

Top Locations for Retail Listings in Salem, OR

Neighborhood with most Retail Listings No. of Spaces

Central Salem 49

Faye Wright 18

South Central Salem 15

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.

Moreover, they are in line with relatively recent trends toward a healthier, more walkable urban environment, where more amenities are placed within easier reach of the population. Properties that are built and designed with sustainability in mind provide more value for investors, while also cutting down on costs for tenants. LEED certifications attest to a property’s commitment to green building, sustainability, and lasting value. The local market includes 1 LEED-certified commercial building(s).

Distribution of LEED-Certified CRE Properties in Salem, OR

LEED

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Salem, OR Commercial Real Estate for Lease

110-170 Division St. NE

Willamette Workspace

Oak Park Plaza

1415 Commercial St SE

3220 & 3224 Pringle Road SE

River City Mall

Commercial Real Estate Listings for Lease in Salem, OR

Salem, OR Commercial Real Estate Listings for Rent

CRE for Rent in Salem, OR by Use Type

Top Locations for Commercial Space for Lease in Salem, OR

Top Locations for CRE Listings in Salem, OR

Top Locations for Office Listings in Salem, OR

Top Locations for Industrial Listings in Salem, OR

Top Locations for Retail Listings in Salem, OR

Mixed-Use and Green Commercial Real Estate in Salem, OR

Distribution of LEED-Certified CRE Properties in Salem, OR

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