Description
Premier East State Street commercial development opportunity positioned in the heart of Salem’s dominant retail corridor. This high-visibility site is surrounded by national anchors including Home Depot, Walmart, Holiday Inn, and Terri Place Shopping Plaza delivering consistent traffic, strong co-tenancy, and built-in consumer demand. Located just minutes from Salem Regional Medical Center, the area benefits from steady daily traffic and a reliable customer base. Tax Abatement possible and Liquor permit approved—a significant advantage that streamlines development timelines and makes this an exceptional fit for restaurant, bar, or hospitality concepts. Ideal for national and regional operators seeking a strategic presence in a proven retail hub with established infrastructure and surrounding commercial growth. Rare opportunity to secure a pad-ready location in one of Salem’s most active corridors with immediate proximity to major retailers, lodging, and healthcare. Position your brand where visibility, access, and demand converge.
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0BEDS
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2.5ACRES
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0BATHS
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01/2 BATHS
Description
Premier East State Street commercial development opportunity positioned in the heart of Salem’s dominant retail corridor. This high-visibility site is surrounded by national anchors including Home Depot, Walmart, Holiday Inn, and Terri Place Shopping Plaza delivering consistent traffic, strong co-tenancy, and built-in consumer demand. Located just minutes from Salem Regional Medical Center, the area benefits from steady daily traffic and a reliable customer base. Tax Abatement possible and Liquor permit approved—a significant advantage that streamlines development timelines and makes this an exceptional fit for restaurant, bar, or hospitality concepts. Ideal for national and regional operators seeking a strategic presence in a proven retail hub with established infrastructure and surrounding commercial growth. Rare opportunity to secure a pad-ready location in one of Salem’s most active corridors with immediate proximity to major retailers, lodging, and healthcare. Position your brand where visibility, access, and demand converge.