Property History
Introducing an exceptional opportunity in the heart of Salem! Former Rite Aid property is now available for sale or lease at 2229 E State St, Salem, OH 44460. Strategically located in a vibrant healthcare corridor and shadow-anchored by a hospital, this site boasts a high daytime population, making it an ideal spot for a variety of businesses.
With a solid foundation for success, this property offers immense potential for investors and entrepreneurs looking to capitalize on a prime location. The spacious layout and versatile design make it suitable for a range of uses, from retail to healthcare services.
Take advantage of this rare chance to establish your business in a coveted area with excellent visibility and accessibility. Don't miss out on this incredible opportunity to become part of Salem's bustling commercial scene. Reach out now to explore the endless possibilities that this former Rite Aid property has to offer!
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Hospital-Adjacent Retail Location | Directly next to Salem Regional Medical Center, creating built-in daily traffic and strong medical-user demand
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Rare 2.10-Acre Infill Parcel | Large, well-configured site in the city’s primary retail corridor with long-term redevelopment flexibility
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Signalized, Multi-Street Frontage | Exposure on E. State Street, Southeast Blvd, and E. Pershing Street for superior visibility and access
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Drive-Thru Infrastructure in Place | Existing drive-thru lane supports QSR, coffee, pharmacy, or financial institution reuse
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High-Barrier Retail Node | Surrounded by national retailers including Starbucks, Chipotle, Giant Eagle, Circle K, Take 5 Oil Change, Walmart, Aldi, McDonald's, Taco Bell, Home Depot, Walgreens, O'Reilly Auto Parts, Bob Evans and Many More
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Strong Demographics for Market Size | Average household incomes exceeding $82,000 within 1 mile.
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Flexible C-2 Zoning | Allows for retail, medical, restaurant, and service-oriented uses
Rite Aid resisting store Frontage on E State St 128 ft, frontage on south East Boulevard 345 ft. Frontage on East Pershing 312 ft building with a drive-up window. Located in a Commercial corridor adjacent to the Hospital Office complex and Food Services. Land Lease Available. Terms 125K per year-5 years. SELLER WILL LEASE property.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Map
Comparable Properties
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