Former Grocery Outlet
Former Grocery Outlet Building | 44,486 SF
Marketing description
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.
Investment highlights
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
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?




















