Salem Motor Sports | 3650 Portland Rd Ne
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Salem Motor Sports 3650 Portland Rd Ne
2,252 SF 100% Leased Retail Building Salem, OR 97301 $1,450,000 ($644/SF)
Investment Highlights
- Location Location Location on a 4 way stop light approx 1 mile from I5 Freeway.
Executive Summary
Location, Location! Rare owner/user car lot sales location, formerly Salem Motor Sports for 36 years! Seller financing available with a large down payment. Only 1 mile from I-5 and on a busy four-way intersection. Does not include inventory.
The 1st floor features an office and shop set up for detailing! The 2nd floor has three offices with skylights! Includes an overhead natural gas heater. Very nice office with dual-level heating and cooling. This fenced corner lot has a large pylon sign and two ingress/egress points. Can hold 70 vehicles.
Please do not disturb the tenants. Contact the listing brokers to arrange property showings.
The 1st floor features an office and shop set up for detailing! The 2nd floor has three offices with skylights! Includes an overhead natural gas heater. Very nice office with dual-level heating and cooling. This fenced corner lot has a large pylon sign and two ingress/egress points. Can hold 70 vehicles.
Please do not disturb the tenants. Contact the listing brokers to arrange property showings.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,252 SF
Building Class
B
Year Built
1995
Price
$1,450,000
Price Per SF
$644
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.50 AC
Zoning
MU3
Parking
70 Spaces (31.08 Spaces per 1,000 SF Leased)
Frontage
171 FT on Portland Road Northeast
Amenities
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Corner Lot
- Courtyard
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Skylights
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Retailer
- 2,252 SF
- $2.66
- Triple Net
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Retailer | 2,252 SF | $2.66 | Triple Net | - |
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 526080 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $256,430 |
PROPERTY TAXES
Parcel Number
526080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$256,430
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Salem Motor Sports | 3650 Portland Rd Ne
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