5005 Commercial St SE
Salem, OR 97306
Retail Property For Sale

This Shari's property is located at 5005 Commercial St SE, in Salem, Oregon. Salem is the capital of Oregon and the county seat of Marion County. It is located near the center of the Willamette Valley alongside the Willamette River, which runs through the city. Surrounding Retail and Points of Interest The area surrounding the subject property is home to a wide array of national retailers and local retailers. Notable retailers within two miles of the property include: Walmart, Walgreens, Trader Joe’s, Rite Aid, Dollar Tree, WinCo Foods, Goodwill, McDonald’s, Burger King, Applebee's, and many more. Salem Hospital is also located within the city and is one of the largest hospitals in Oregon, housing 454 beds. Traffic Counts and Demographics The city of Salem has approximately 61,707 individuals residing within a three-mile radius of the property and more than 129,000 individuals within a five-mile radius. The subject property is located on 5005 Commercial St SE, which has an average daily traffic count of 43,320. Located near the property are Kuebler Blvd SE and Interstate 5. Kuebler Blvd has an average daily traffic count of 24,020 vehicles and Interstate 5 has an average daily traffic count of 68,500 vehicles. Salem, Oregon Salem is the principal of the Salem Metropolitan area, which covers both Marion and Polk counties. Salem is home to Willamette University, Corban University, and Chemeketa Community College, which combined enroll more than 36,000 students. Salem elementary and secondary schools are part of the Salem-Keizer School District, which has approximately 39,000 students, and is the second largest public school district in the state. The state of Oregon is Salem’s largest employer, but the city also serves as a hub for the area farming communities and is a major agricultural food processing center. Salem sits just 47 miles south of Portland and is an hour from the Cascade Mountains and the oceanside beaches. Salem is in the midst of sustained, steady growth. There is ongoing preservation of historic downtown buildings, along with a downtown core master plan for residential and commercial development, ensuring managed growth. Salem has a family-friendly ambiance and has a small town feel.