Salem, OR Retail Space

Search retail property for lease and view the Market Overview section below for local stats and insight.

92 Listings

$1.50 - $2.17/SF/YR
4555 Liberty Rd S, Salem, OR 97302
4555 Liberty Rd S, Sunnyslope, Salem, OR
Space Type
Retail
4 spaces

1,277 - 2,986 SF
$28.00/SF/YR
Mission Street Crossing Retail Spaces
1221 23rd Street SE, Southeast Salem, Salem, OR
Space Type
Retail
1 space

3,510 SF
$376.58/MO
5498 Commercial St SE
5498 Commercial St SE, South Gateway, Salem, OR
Space Type
Retail
1 space

2,940 SF
$0.12/SF/MO
High-Exposure Downtown Salem Retail Space
330 Court St NE, Central Salem, Salem, OR
Space Type
Retail
1 space

2,407 SF
$0.08 - $0.56/SF/MO
Salem Center
401 Center St NE, Central Salem, Salem, OR
Space Type
Retail
20 spaces

576 - 7,885 SF
$24.00 - $26.00/SF/YR
Lancaster Green
3056 Lancaster Drive NE, Hayesville, Salem, OR
Space Type
Retail
4 spaces

1,500 - 4,595 SF
Price on request
Kuebler Road Retail Pads
NE Corner of Kuebler Blvd. & I-5, Faye Wright, Salem, OR
Space Type
Retail
6 spaces

800 - 5,000 SF
$197.50/MO
South Salem Retail
5251-5255 Commercial Street SE, South Gateway, Salem, OR
Space Type
Retail
2 spaces

1,580 SF
$0.15/SF/MO
Plaza Del Sol
3545 Portland Road NE, Northgate, Salem, OR
Space Type
Retail
1 space

6,126 SF
$20.00/SF/YR
Market Square
1677 Hawthorne Avenue NE, Northeast Salem, Salem, OR
Space Type
Retail
1 space

1,325 SF
$0.10/SF/MO
Owner-User Commercial Building
1695 Market St NE, Northeast Neighbors, Salem, OR
Space Type
Retail
1 space

4,554 SF
$29.00/SF/YR
2825 Commercial St SE
2825 Commercial St SE, Southwest Salem, Salem, OR
Space Type
Retail
1 space

2,904 SF

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Average Rent for Retail Space in Salem, OR

The average cost to rent retail space in Salem comes to $19.76 per square foot based on our latest listing data. The lowest cost you'll find stands at $12, while rents can cost up to $32 for premium properties.

Available Retail Inventory in Salem, OR

There are currently 114 retail properties listed for lease in Salem, totaling 898,687 square feet.

The average size of a retail property listed for lease here is 4,769 square feet. Listed properties range from 2 to 116,866 square feet.

The largest number of retail spaces in Salem are sized 1,000 to 2,500 square feet, with 70 retail listings of this size. These properties cost $21 per square foot on average, based on our live listings.

Salem is also home to 50 listings that are less than 1,000 square feet, asking an average rent of $29.

Retail Size Bucket No. of Listings

More than 5,000 sq. ft. 36

2,500 to 5,000 sq. ft. 44

1,000 to 2,500 sq. ft. 70

Less than 1,000 sq. ft. 50

Retail Lease Types in Salem, OR

The most common retail lease type in Salem is NNN, with 63 spaces available for rent under such an agreement.

You can also find 7 Modified Gross lease options and 5 Full Service listings.

Salem, OR Retail Listings, by Lease Type

NNN 63
Modified Gross 7
Full Service 5

The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.

Types of Retail Properties for Lease in Salem, OR

The largest share of the Salem retail market is held by the Strip Retail category, with 26 listings. Strip Retail spaces average 3,207 square feet.

There are also 11 Restaurant spaces, which have an average square footage of 3,422 square feet.

The third most common type of retail space is Neighborhood Center at 9 listings, spanning 610 square feet on average.

Salem, OR Retail Spaces for Lease, by Use Type

Strip Retail 26
Restaurant 11
Neighborhood Center 9
Street Retail 5

The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.

Average Size of Salem, OR Retail Space Subtypes

3,207 Sq. Ft.

Strip Retail

3,422 Sq. Ft.

Restaurant

610 Sq. Ft.

Neighborhood Center

2,924 Sq. Ft.

Street Retail

Top Neighborhoods for Retail Space in Salem, OR

Central Salem has the highest count of retail spaces out of all Salem neighborhoods, being currently home to 49 listings. Rent for retail space in this neighborhood averages $16.39.

Faye Wright has the second-highest number of retail listings at 25. The average rent for retail space in the area is $39.31 , and the most common subtype of retail is Neighborhood Center .

Top Salem, OR Neighborhoods for Retail Leasing Opportunities

Neighborhood Listings

Central Salem 49

Faye Wright 25

West Salem 10

Southeast Salem 10

Higland 10