Portland Rd Salem, OR 97301
- Commercial real estate
- 2,252 SF
- 0.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Portland Rd
- Lot size
- 0.50 lot acres
- Property size
- 2,252 SF
- Property type
- Commercial real estate
Description
This exceptional 2,252 square foot commercial property presents a rare opportunity for an owner-user in a prime Salem, Oregon location. Currently operating as the established Salem Motor Sports business for 36 years, this property boasts a highly visible corner lot of 0.5 acres at a busy four-way intersection, just one mile from Interstate 5. The building features a well-maintained first floor with office space and a shop area equipped with a natural gas overhead heater, ideally suited for detailing vehicles. The second floor offers three additional offices, a large waiting room, and a dual-level heating and cooling system, ensuring year-round comfort. The property includes a newer, prominent pylon sign for maximum visibility and offers two convenient ingress/egress points. The spacious fenced lot has ample capacity to hold 70+ vehicles. Seller financing is available with a substantial down payment. Inventory is not included in the sale price of $1,450,000. This turnkey operation offers a unique blend of established business and prime real estate, making it an ideal investment for a discerning buyer. The property's location and existing infrastructure provide a significant advantage for continued success or adaptation to a new business venture.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.016
- Latitude
- 44.9598