For Sale
$1,420,000

3410 Commercial St Salem, OR 97302

Three-Stream Income, Prime Location

Overview

Added:
Feb 3
Days on market:
74
This exceptional investment opportunity presents a fully leased, 4,109 square foot commercial property situated on a 0.39-acre lot at 3410 Commercial St, Unit 3410, Salem, OR. Boasting an iconic location directly in front of the busy South Salem Fred Meyer, this property benefits from exceptional traffic counts and high visibility. The strategic placement ensures significant foot and vehicle traffic, maximizing exposure for the existing tenants and providing a strong foundation for future growth. Currently generating income from three distinct sources, this property offers a diversified revenue stream. Two long-term tenants, Lil' Sammies and The Cleanery, contribute consistent rental income. Further enhancing the profitability, a billboard lease adds an additional annual income stream. The property features excellent signage opportunities, allowing for prominent branding and further attracting potential customers. This turnkey investment is an ideal opportunity for those seeking a stable and high-yielding commercial property in a prime Salem location. The property is being sold as-is. Please respect the tenants and do not disturb them during showings. Financial details are available upon request. This is a rare opportunity to acquire a well-established, income-producing property in a high-traffic area.

Property Details for 3410 Commercial St

Property type
Commercial real estate
Square Feet
4,109 SF
Year Built
1976
Lot Size (sq. ft)
16,988 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.90668
Longitude
-123.0424
3410 Commercial St, Salem, Oregon

FAQs

What type of property is this?
Commercial real estate - Three-Stream Income, Prime Location
Where is the commercial real estate located?
The property is located at 3410 Commercial St Salem, OR.
What is the asking price?
The asking price for this property is $1,420,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3410 Commercial St
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