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5498 Commercial St SE 2,940 SF Retail Building Salem, OR 97306 $575,000 ($195.58/SF)
Executive Summary
Location Features
The building itself is improved and delivered as a turn-key veterinary clinic, featuring a functional interior buildout suited for continued veterinary use or adaptable for related medical, professional, or service-oriented occupancies.
The existing buildout — including treatment areas, reception, and support spaces — represents a significant capital advantage for any operator entering the veterinary or broader healthcare space.
For a buyer or tenant seeking a plug-and-play facility without the time and cost of a ground-up build-out, this asset offers an immediate path to operations.
The property will be delivered vacant, providing flexibility at closing or lease commencement.
Nearby Highlights
The demographics within a one-mile radius are equally compelling. The trade area supports over 15,500 residents across more than 6,200 households, with an average household income exceeding $103,600.
Expanding to a half-mile, nearly 1,700 households with average incomes approaching $104,000 create a dense, income-qualified consumer base immediately adjacent to the site.
This depth of residential density, combined with strong household incomes, underpins long-term demand for neighborhood-serving retail, medical, and professional services.
Property Facts
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Animal Care Center Veterinary Center
- Agriculture, Forestry, Fishing and Hunting
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Animal Care Center Veterinary Center | Agriculture, Forestry, Fishing and Hunting | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Freestanding Commercial Building For Lease ± 2,940 SF on ± 0.2 Acres | $4,519/month NNN A rare opportunity to acquire or lease a freestanding commercial building along one of South Salem's most active arterial corridors. Positioned on Commercial Street SE, the property benefits from outstanding visibility and frontage with reported average daily traffic counts of approximately 30,600 vehicles per day — a volume that translates directly into consistent exposure for any occupant serving the surrounding community.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,940 SF | Retail | - | Now |
1st Floor
| Size |
| 2,940 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,940 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Freestanding Commercial Building For Lease ± 2,940 SF on ± 0.2 Acres | $4,519/month NNN A rare opportunity to acquire or lease a freestanding commercial building along one of South Salem's most active arterial corridors. Positioned on Commercial Street SE, the property benefits from outstanding visibility and frontage with reported average daily traffic counts of approximately 30,600 vehicles per day — a volume that translates directly into consistent exposure for any occupant serving the surrounding community.
Nearby Major Retailers
Property Taxes
| Parcel Number | 575441 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $243,520 |
Property Taxes
Contacts
-
Nick Williams, CCIM -
Curt Arthur, SIOR -
Toran Schmidgall -
Capacity Commercial Group LLC
