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    Retail Flex Investment Opportunity Title is generated by Realmo AI

    2425-2475 25th St SE, Salem, OR

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    15,000 SF retail flex space in Salem, Oregon.

    Type:RETAIL
    Property size:
    15,000 SF
    Lot size:
    1.31 Acres
    Price / SF:
    $200/SF
    Added:
    Aug 5, 2025
    Days on Market:
    315
    Last Refresh:
    May 20 at 8:18 pm

    Property Features for 2425-2475 25th St SE

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    1.31 Acres
    Property subtype
    RETAIL

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    Listing Contact
    AJ Nash

    Listing agent AJ Nash

    Listing office Tradition Real Estate Partners

    Listing date Aug 5, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Tradition Real Estate Partners

    HighLights

    • High Visibility & Traffic Counts
    • Fully Occupied Investment Opportunity
    • Flexibility for Owner/User Restaurant
    • Located on Corner Signaled Intersection
    • Renovated in 2020
    • 15,000 SF Retail Flex

    Overview

    This 15,000 square foot retail flex property, constructed in 1977 and renovated in 2020, presents an opportunity for owner-users or investors. The property is zoned IC and located on a corner with a signaled intersection, offering high visibility and traffic counts. It can be used as a restaurant. The property is fully occupied.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $288.0k $19.20
    − Vacancy −$11.5k −$0.77
    EGI $276.5k $18.43
    − OpEx −$69.1k −$4.61
    NOI $207.4k $13.82
    15,000 SF · lease $19.20/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.96M
    $2.59M – $3.46M (±1% cap)
    NOI $207,360 @ 7.0% cap · market cap 6.91%
    Second Best
    Retail
    $2.58M
    $2.26M – $3.01M (±1% cap)
    NOI $180,495 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Office A
    $3.98M
    $3.48M – $4.65M (±1% cap)
    NOI $278,784 @ 7.0% cap · market cap 9.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.011
    Latitude
    44.9171

    FAQs

    What type of property is this?
    Retail space - 15,000 SF retail flex space in Salem, Oregon.
    Where is this retail space located?
    The property is located at 2425-2475 25th St SE Salem, OR.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: High Visibility & Traffic Counts; Fully Occupied Investment Opportunity; Flexibility for Owner/User Restaurant
    (503) 559-9279 Call to check price and availability
    More about this property
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