240 Commercial St NE #B, Salem, OR 97301
240-248 Commercial St NE, Salem, OR 97301
400
SF AvailableKey features
- $950/Mo/MG
- 0.12 Acres of CB Zoned Property
- Downtown Location
- Near Riverfront Park
- Private and Public Parking
- Restaurants & Retailers Nearby
Rental Details
- Number of spaces 1
- Total square feet available 400 SF
- For Lease $950.00/MO
- Space Types Retail
- Lease Type Modified Gross
- Date Updated May 20, 2026
Reach out to the broker for more info on lease terms and amenities
True
For Lease 1 Space Available
240B |
Single room office with shared use of common area and a private double parking space.
Alvin J. Nash
Tradition Real Estate Partners |
Contacts
Tradition Real Estate Partners
Building Details
- For Lease $950.00/MO
- Property Type Retail - Street Retail
- Property Size 6,797 SF
- Lot Size 0.12 Acre
- Year Built 1889
- Date Updated May 20, 2026
Attachments
Getting Around
-
Walk Score ®
Very Walkable (79) -
Transit Score ®
Good Transit (61) -
Bike Score ®
Very Bikeable (89)
Location
- City Salem, OR
- Neighborhood Central Salem
- Zip Code 97301
- Market Eugene
Points of Interest
Brooks Historical Society Depot
8.20 miles
Hopmere Station
8.28 miles
ChargePoint
0.49 miles
Arco Gas Station
0.66 miles
Circle K
0.68 miles
Pacific Pride
0.69 miles
Space Age
0.87 miles
Arco
1.05 miles
76
1.10 miles
Shell
1.15 miles
Chevron
1.62 miles
Riverfront Park (North Lot)
0.17 miles
Liberty Square Parkade
0.18 miles
Riverfront Park (South Lot)
0.24 miles
Marion Parkade
0.26 miles
Pringle Parkade
0.35 miles
Reserved Lot A
0.45 miles
Green Lot - Dept of Admin Services
0.51 miles
Permit Parking
0.53 miles
Salem Library Parkade
0.54 miles
Salem Center (South)
0.13 miles
Ross
0.16 miles
Salem Center (North)
0.19 miles
Kohl's
0.22 miles
Macy's
0.24 miles
Pringle Park Plaza
0.35 miles
Grocery Outlet
0.54 miles
Safeway
0.73 miles
Roth's
0.80 miles
240-248 Commercial St NE Listing Summary
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The Price for Retail Space at 240-248 Commercial St NE
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 240-248 Commercial St NE, asking rent starts at $$950.00/MO per square foot.
240-248 Commercial St NE is located in the Central Salem neighborhood, which is home to a total of 45 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.
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Retail Space Options Available at 240-248 Commercial St NE
The property exclusively contains Retail space totaling 400 square feet. The leasing opportunity here is available under Modified Gross lease terms.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. 240-248 Commercial St NE offers 1 retail space(s) sized 1,000 square feet or less. Retail space of this size can be a more affordable option for small businesses or for those that don’t have very quick growth expectations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.
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Get to Know the Retail Scene in the Central Salem Neighborhood
240-248 Commercial St NE is located in the Central Salem neighborhood of Salem. The Central Salem retail market offers 45 retail listing(s), representing a total of 211,362 square feet of retail space for lease.
The most common retail type in the Central Salem neighborhood is Restaurant, of which the market currently offers 2 space(s).
When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Central Salem resident is 34 years old, and the median household income here is $60,422 per year.
Tradition Real Estate Partners