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2955 State StSalem, OH 44460

High-traffic retail space in Salem, OH

Overview

Added:
Dec 11, 2024
Days on market:
114
Salem Market Place, located at 2955 E State St, Salem, OH 44460, presents a prime retail investment opportunity. This single-story, 16,252 square foot neighborhood center, built in 2003, sits on 1.34 acres of land and boasts a highly desirable location. The property currently features three suites, with 3,803 square feet of vacant space available for lease. Individual suites range from a minimum of 980 square feet to a maximum contiguous space of 1,536 square feet, offering flexibility for various retail businesses. The center benefits significantly from its strategic positioning, shadow-anchored by a Walmart Supercenter and directly across from a Home Depot. This high-traffic location, drawing an estimated 3.3 million combined visitors annually, ensures exceptional visibility and foot traffic for tenants. The property's convenient access and strong surrounding demographics make it an ideal location for businesses seeking to establish or expand their presence in the Salem market. This is a rare opportunity to secure retail space in a thriving commercial area with significant potential for growth and return on investment. The property offers a unique blend of established success and untapped potential, making it an attractive proposition for discerning investors and retailers alike.

Highlights

  • Prime retail investment opportunity in Salem, OH.
  • 16,252 SF single-story neighborhood center on 1.34 acres.
  • Built in 2003, with three suites and 3,803 SF of vacant space.
  • Suite sizes range from 980 SF to 1,536 SF.
  • Shadow-anchored by Walmart and across from Home Depot, generating high traffic (3.3M annual visitors).

Property Details for 2955 State St

Property type
Neighborhood centers, Community centers
RSF (Rentable sq. ft)
16,252 SF
Year Built
2003
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite 3
Size
1,287 SF
Space
Suite 9
Size
980 SF
Space
Suite 12
Size
3,100 SF

Location Insight

City
Salem
County
Columbiana
State
Ohio
Latitude
40.901546
Longitude
-80.8168869
2955 State St, Salem, Ohio

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2955 State St
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