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.

Based on information submitted to MLS Now as of May 15, 2026 3:25 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 2870 E State Street

Property Details

Basic Information

Location

Utilities and Appliances

Utilities and Appliances

Community

Area

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Jesse Allison Team