For Lease
$20/SF/YR

5385 Commercial St Salem, OR 97306

Prime Salem retail space, 970 SF available.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property, located at 5385 Commercial St SE, Salem, OR 97306, offers a versatile 970-square-foot retail space within a larger 7,792-square-foot building. The space is currently vacant and immediately available for lease. Ideal for a variety of retail businesses, the unit features three private offices, a front reception/waiting area, and provides a professional and efficient layout. Note that restroom facilities are shared with an adjacent tenant. The property is classified as Class B and sits on a substantial 24,829-square-foot lot, offering ample space and visibility. The building itself is comprised of a single suite, currently divided into the 970 SF space and another occupied space. The minimum divisible space is 970 square feet. Located near the intersection of Commercial St SE and Baxter St SE, this property benefits from excellent street visibility and accessibility. Lease terms are modified gross (MG), with the tenant responsible for electricity, gas, interior maintenance, and janitorial services. This presents a fantastic opportunity for a business seeking a well-located, move-in ready retail space in Salem, Oregon. The property's size and location make it an attractive option for a variety of retail uses.

Highlights

  • 970-square-foot vacant retail space available for lease at 5385 Commercial St SE, Salem, OR 97306.
  • Features three private offices and a reception area.
  • Shared restroom facilities.
  • Located on a 24,829-square-foot lot with excellent street visibility.
  • Modified gross (MG) lease; tenant responsible for utilities and interior maintenance.

Property Details for 5385 Commercial St

Property type
Retail properties, Land
RSF (Rentable sq. ft)
7,792 SF
Class
B

Unit(s) available at that property

Space
5385
Size
970 SF
Rate per SF
$20

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9046074
Longitude
-123.0826335

FAQs

What type of property is this?
Retail property - Prime Salem retail space, 970 SF available.
Where is the retail property located?
The property is located at 5385 Commercial St Salem, OR.
What is the lease rate?
The lease rate is $20/SF/YR.
What are key features of this property?
This property features: 970-square-foot vacant retail space available for lease at 5385 Commercial St SE, Salem, OR 97306.; Features three private offices and a reception area.; Shared restroom facilities.
How can I contact the broker?
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5385 Commercial St
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