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Creative Retail or Office Space

120 Commercial St NE Salem, OR 97301

120 Commercial St NE, Salem, OR, 97301
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FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Aug 08, 2024

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Highlights

  • Second Floor Suite
  • 1,118 SF Available
  • CB Zone Property
  • Move-In Ready
  • Open Floor Plan
  • Plenty of Natural Light

Description

Introducing 120 Commercial St NE, Suite D4, a sophisticated commercial space with a modern flare and historic feel located in thriving downtown Salem above the Masonry Grill on the second floor. An ideal setting for retail or creative office use, offering 1,118 SF of move-in ready, open floor plan space complete with high ceilings, creating a sense of openness that invites creativity and productivity. Its timeless design, hardwood flooring and abundant natural light exudes an air of sophistication that is sure to impress. Elevator served, or enjoy a private staircase entrance off Commercial Street. Grab attention in a high traffic area of Salem, with onsite private permit parking available.

Located in Downtown Salem on Commercial Street just North of State Street

Building Size: 12670sq ft
Lot Size: 0.52 acres

Units for Lease

Suite D4 - $2,700/Mo
Space Available: 1118 SF
Lease Type: Gross

Price Per Sqft/Month: $2.42

Map of 120 Commercial St NE, Salem, OR, 97301

Presented by:
Legacy Real Estate Commercial

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AJ Nash


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.