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1012 Commercial St NE, Salem, OR 97301

$1,100,000

1012 Commercial St NE, Salem, OR 97301

Active
Last Updated: 06/16/2026

14,279 sqft

Building Size

0.5848 acres

Lot Area

Details:
Building Size:    14,279 sqft
Lot Area:    0.5848 acres
Units:    3
Year Built:    1964
Floors:    1
Highlights:
  • 14,279 SF - Industrial, Retail, Showroom, and Office Facility
  • High visibility location on Salem's premier Commercial Street corridor
  • MU-I zoning allows a diverse range of commercial and industrial uses
  • Multiple entrances and flexible floor plan for owner-user or multi-tenant occupancy
  • Warehouse with grade-level loading access
  • 3-phase power and infrastructure to support manufacturing, automotive, production, and distribution
  • 22 dedicated on-site parking spaces plus overflow parking
  • Excellent signage and branding opportunities with significant daily traffic exposure
  • Approximately 2 miles north of downtown Salem
  • Approximately 3 miles to Interstate 5 via Salem Parkway
  • Approximately 50 miles south of Portland
Description:

Positioned on one of Salem's most heavily traveled commercial corridors, this 14,279-square-foot mixed-use industrial property presents a rare opportunity to acquire a highly visible owner-user or investment asset in the heart of Salem. Located just minutes from downtown with convenient access to the Salem Parkway and Interstate 5, the property combines exceptional exposure, functionality, and long-term flexibility.

The building features two prominent storefront/showroom spaces fronting Commercial Street NE, complemented by a substantial warehouse component designed for efficient operations and logistics. The warehouse includes concrete flooring, an 8' x 10.1' roll-up door, and an 8' x 10' slider split door for streamlined loading and receiving. A fully built-out second floor provides private office space, a large employee break room, and two restrooms, creating a functional separation between administrative and operational areas.

Zoned MU-I (Mixed Use-Industrial), the site supports a broad range of commercial, retail, showroom, service, distribution, manufacturing, and industrial uses, making it well-suited for a variety of owner-occupants, investors, and redevelopment strategies. The property's flexible configuration offers opportunities for single-tenant occupancy, multi-tenant income generation, or future repositioning. A secure private parking area includes 22 dedicated spaces, with additional overflow parking available to accommodate customers, employees, or fleet vehicles.

Formerly occupied by a national automotive retailer, this well-located asset offers the scale, functionality, and zoning flexibility rarely available in Salem's urban core. Whether for owner-occupancy, investment income, industrial operations, retail showroom use, or future redevelopment, 1012 Commercial St NE represents a compelling opportunity in one of the region's most accessible commercial locations.

Located on highly visible Commercial Street in NE Salem, just south of Belmont Street. Near downtown Salem, Marion Street bridge and the Salem police department. With convenient access to the Salem Parkway, and interstate 5.

Map:
1 Space Available

Freestanding Flex Retail Building - $10,710/Mo/NNN Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
14,279
Lease Rate:
$0.50/sqft/mo

For demised space rents at $1.00/SF.

Location