299 D ST NE Salem OR 97301-1023

The building sits on a 2 acre site and features a clear-span layout, full loading dock and ample truck turnaround space, making it highly functional for a wide range of commercial uses. Zoned Central Business District (CBD), the property offers the flexibility to house retail, grocery, entertainment, fitness or other community-serving concepts. The space is ready for a new business to take root at this prominent and highly accessible property within Salem’s Downtown Riverfront Urban Renewal area.

D Street Storage is a 21,267 SF self-storage facility located beneath 299 D Street NE in North Downtown Salem. Built in 2020, the property is fully stabilized and professionally managed by an in-place third-party operator. Tenants enjoy 24-hour access, secure infrastructure, and direct truck access with turnaround from Commercial Street. The facility has shown strong performance in a tight-supply self-storage market, providing reliable built-in cash flow. As a complementary fiscal component to the overall asset, D Street Storage enhances income stability and long-term value for ownership.

Clear-span design with exposed glue-lam timbers

Membrane roof (2014)

Two 25-ton rooftop HVAC units (2014)

Full loading dock with truck turnaround and direct access from Commercial Street

Upgraded electrical service

Fire suppression system