Listed by First Commercial Real Estate Services
$1.75/SF/MO
State street retail spaces
Building Details
Property Type Retail
Sub Type Commercial
Tenancy Multiple
Lease Type NNN
Total Building SqFt 6,732
Min Divisible SqFt 3,060
Max Contiguous SqFt 3,672
Vacant SqFt 6,732
Year Built 1888
Spaces
$1.75/SF/MO NNN
$1.75/SF/MO NNN
Retail | 2 spaces available | 3,060 SqFt - 3,672 SqFt
Building description
Two story mid-block retail building in the heart of downtown with two storefronts. The two available retail spaces are 3,060 SF (360 State) and 3,672 SF (370 State). This corridor of State Street is one of the most vibrant blocks in downtown Salem, with neighbors such as Wild Pear, Taproot, Manna Bakery, Ritters, and Fork Forty. Inquire with our team to discuss the potential for your business to reside in what will be a beautiful reuse of one of Salem’s historic gems. The building is undergoing a complete historic renovation, blending modern infrastructure with historical elements and finishes throughout. The renovation will include new apartments on the second level and two retail spaces on the street level. The City of Salem’s Urban Development Department offers a Capital Improvement Grant which may be applicable to retail tenant improvements based on availability and project eligibility.
Building highlights
- Year Built: 1888
- Asking Rate: $1.75/Sf/Mo Nnn
- Total Space Available: 6,732 Sf
- 360 State St Availability: 3,672 Sf
- 370 State St Availability: 3,060 Sf
- Zone: Cb
Listing Contacts
Listed by First Commercial Real Estate Services
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