Prime Downtown Retail Location

240 Commercial St NE Salem, OR 97301

Salem
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$1,185,000
Last Verified:
May 02, 2024

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Highlights


Description

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.

Located on Commercial Street NE, one block south of Court Street in Salem.


Year Built: 1889
Building Size: 6797sq ft
Lot Size: 0.12 acres


Documents

Lease Brochure

Units for Lease

#240 First Floor Retail - $4,813/Mo/NNN
Space Available: 3850 SF
Lease Type: NNN

Price Per Sqft/Month: $1.25
#248 Second Floor Retail - $2,800/Mo/NNN
Space Available: 2947 SF
Lease Type: NNN

Price Per Sqft/Month: $0.95


Map of 240 Commercial St NE, Salem, OR, 97301

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