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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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
United Rentals
Krispy Krunchy Chicken
Grocery Outlet
U.S. Bank
Hertz Equipment Rental
Planet Fitness - Salem, OR

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
526080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$256,430
  • Listing ID: 31978547

  • Date on Market: 10/24/2022

  • Last Updated:

  • Address: 3650 Portland Rd Ne, Salem, OR 97301

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