Commercial St, Salem, OR 97302

This exceptional investment opportunity presents a fully leased 4,109 square foot retail property situated on a 0.39-acre lot in a prime South Salem location. Boasting an iconic position directly in front of the busy South Salem Fred Meyer, this property benefits from exceptional visibility and high traffic counts, ensuring consistent revenue generation. The property currently features three distinct income streams, providing a diversified investment portfolio. Two long-term tenants are in place, demonstrating the stability and desirability of this location. Further enhancing the income potential is a strategically placed billboard, generating additional revenue. Excellent signage opportunities are available, maximizing brand exposure for current and future tenants. This property is an ideal investment for those seeking a stable, high-traffic retail asset with multiple income streams and significant upside potential. The property's strong tenant base and prime location contribute to its exceptional value and long-term growth prospects. Financial details and a comprehensive proforma are available upon request. Serious inquiries only. Please do not disturb the tenants.