Salem, OR Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

333 Listings

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$5,000.00/MO
Franklin Building
495 State Street, Central Salem, Salem, OR
Space Type
Office
1 space

5,077 SF
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$0.80/SF/MO
2060 Warner St NE
2060 Warner St NE, Higland, Salem, OR
Space Type
Industrial
1 space

6,362 SF
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$1.50/SF/MO
Statesman Building
280 Church St NE, Central Salem, Salem, OR
Space Type
Office
1 space

19,430 SF
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$1,648,310
4826 Battle Creek Rd SE
4826 Battle Creek Rd SE, Morningside, Salem, OR
Property Type
VacantLand
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$2.00/SF/MO
Commercial Retail - Food Use
960-990 Commercial St SE, South Central Salem, Salem, OR
Space Type
Retail
1 space

650 SF
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$117.00 - $2,723.00/MO
122 Hrubetz Rd SE
122 Hrubetz Rd SE, Faye Wright, Salem, OR
Space Type
Retail
7 spaces

305 - 778 SF
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$1.25/SF/MO
Market Square
1551 Hawthorne Ave NE, Northeast Salem, Salem, OR
Space Type
Retail
1 space

2,077 SF
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$990,000
Infill Bush Park Four-Plex
1380 Saginaw Street S, South Central Salem, Salem, OR
Property Type
Multi-Family
Built in 2026

2,884 SF
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$2.50/SF/MO
Petra Plaza
2720 Commercial St SE, South Central Salem, Salem, OR
Space Type
Office
2 spaces

2,944 - 3,942 SF
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$19,800,000
2850 Broadway St NE
2850 Broadway St NE, Higland, Salem, OR
Property Type
Office
106,601 SF
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$1.20 - $1.30/SF/MO
Park 5 Business Center
200 Hawthorne Ave SE, Southeast Salem, Salem, OR
Space Type
Office
6 spaces

2,100 - 2,856 SF
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$550.00 - $7,929.00/MO
Capitol Center
388 State Street, Central Salem, Salem, OR
Space Type
Office
6 spaces

244 - 2,643 SF
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$650,000
4045 State St
4045 State St, Four Corners, Salem, OR
Property Type
Retail
Built in 2018

1,900 SF
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$1.90/SF/MO
Dearborn Plaza
4831 River Road North, Keizer, OR
Space Type
Office
1 space

511 SF
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$3.00/SF/MO
Sublease - Downtown Executive Suites
100 High SE, Central Salem, Salem, OR
Space Type
Office
7 spaces

94 - 260 SF
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$500,000
Billboard Site (Kuebler)
Kuebler Blvd SE & Trelstad Ave SE, Southeast Mill Creek, Nyssa, OR
Property Type
VacantLand
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$855,000
Turnkey Retail Investment
3965-3985 Rich Dr NE, Hayesville, Salem, OR
Property Type
Retail
Built in 1998

3,125 SF
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$5,950,000
Pringle Park Plaza
300-390 Liberty St SE, 410 & 420 Mill St SE, & 305-395 High St SE, Central Salem, Salem, OR
Property Type
Retail
Built in 1977

61,521 SF
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2 of 2
$1,600,000
Salem Development Land
210 Capitol St. NE, Central Salem, Salem, OR
Property Type
VacantLand
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$1,770,150
250 Division St NE
250 Division St NE, Central Salem, Salem, OR
Property Type
Office
Built in 2006

6,597 SF
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2 of 2
$1,100,000
3125 - 3157 Portland Road NE
3125 - 3157 Portland Road NE, Northgate, Salem, OR
Property Type
Industrial
6,212 SF
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$1.60/SF/MO
Vacant Class B Office
2965 Ryan Drive SE, Southeast Salem, Salem, OR
Space Type
Office
1 space

14,235 SF
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$2,000,000
Keizer Core Redevelopment Opportunity
4200 River Rd N, Keizer, OR
Property Type
Retail
Built in 1947

8,840 SF
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$3,700,000
Development Land
1684, 1712 & Tax Lot 1201 Doaks Ferry Road NW, West Salem, Salem, OR
Property Type
VacantLand
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Price on request
Retail and/or Office Suite
120 Bush St S, South Central Salem, Salem, OR
Space Type
Office
1 space

910 SF
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$26.00 - $30.00/SF/YR
Rushing Lincoln City Adams Creek at Wiltsey
5765 Commercial St SE, South Gateway, Salem, OR
Space Type
Retail
2 spaces

1,005 - 1,320 SF
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$7.50 - $22.50/SF/YR
2850 Broadway St NE
2850 Broadway St NE, Higland, Salem, OR
Space Type
Office
5 spaces

1,250 - 48,082 SF
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$1,905,000
2608-2618 Cherry Avenue Northeast
2608-2618 Cherry Avenue Northeast, Higland, Salem, OR
Property Type
Industrial
Built in 1991

14,400 SF
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$0.65/SF/MO
325 Patterson Street NW, Salem, OR 97304
325 Patterson Street NW, West Salem, Salem, OR
Space Type
Industrial
1 space

82,000 SF
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$1.50/SF/MO
RETAIL / OFFICE
5175 River Road North, Keizer, OR
Space Type
Retail
1 space

950 SF
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$0.10/SF/MO
5055 Turner Road SE, Salem, OR 97317
5055 Turner Road SE, Southeast Mill Creek, Salem, OR
Space Type
Land
1 space

400,000 SF
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$7,000,000
Lot 4/5 - Turner Rd Development
4620 Gath Road Southeast, Southeast Mill Creek, Salem, OR
Property Type
VacantLand
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$21.00/SF/YR
Capitol City Business Center
4600 25th Avenue NE, Northgate, Salem, OR
Space Type
Office
3 spaces

5,390 - 48,857 SF
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$510,000
1230 Fairview
1230 Fairview Ave SE, Morningside, Salem, OR
Property Type
Office
Built in 1941

2,130 SF
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$575,000
2060 Warner St NE
2060 Warner St NE, Higland, Salem, OR
Property Type
Industrial
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$2.00/SF/MO
4350 Commercial St SE
4350 Commercial St SE, Morningside, Salem, OR
Space Type
Office
1 space

960 SF
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Price on request
Class A Development Site
865 Hawthorne Ave SE, Southeast Salem, Salem, OR
Space Type
Office
1 space

24,000 SF
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$950.00/MO
240 Commercial St NE #B, Salem, OR 97301
240-248 Commercial St NE, Central Salem, Salem, OR
Space Type
Retail
1 space

400 SF
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$2.00/SF/MO
675 Orchard Heights RD NW, Salem, OR 97304
675 Orchard Heights RD NW, West Salem, Salem, OR
Space Type
Office
5 spaces

824 - 2,532 SF
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$1.25 - $1.34/SF/MO
State Street Crossing
134 & 164 Lancaster Drive SE, Four Corners, Salem, OR
Space Type
Retail
2 spaces

1,301 - 1,634 SF

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The Salem, OR Commercial Real Estate Market at a Glance

The commercial real estate market in Salem, OR includes commercial property of all types. To put it in numbers, there are 3,206,181 square feet of commercial space in 320 commercial properties across the city. If you are not familiar with commercial real estate in Salem, OR, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Salem, OR

You can search 489 commercial real estate space listing(s) currently available for rent in Salem, OR, which represents a total of 3,227,088 square feet. Leasing opportunities here include 196 office listing(s), 69 industrial and warehouse listing(s), 187 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Salem, OR. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Salem, OR Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 101 2,263,044 $22.25

Retail 110 3,130,799 $20.1

Industrial 60 1,784,300 $9.89

Other 9 888,545 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Salem, OR

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Salem, OR

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 116 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in Salem include 26 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 15 industrial real estate for sale listing(s) currently marketed in Salem.

Interested in retail property investment? The local market currently offers 21 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Salem, OR Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 26 2,263,044

Retail 21 3,130,799

Industrial 15 1,784,300

Other 54 6,818,056

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Salem, OR

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Salem, OR

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

In Salem, OR, you will find the highest number of commercial property for rent or for sale listings in the Central Salem neighborhood. Searching by different property types, you’ll find that the Central Salem neighborhood currently offers the highest number of office space opportunities. Meanwhile, you’ll find the highest number of local retail for rent or investment listings in the Central Salem neighborhood. Industrial opportunities on the local market are mostly concentrated in the Southeast Salem neighborhood.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.