2451-2473 Trade St SE

Salem, OR 97301

• 1031 Exchange Property
• Multifamily for Sale
• $2,337,109 CAD
• 4,452 SF

Salem Multifamily for Sale - Marion County

PRICE REDUCED. SELLER SAYS BRING ALL OFFERS. Perfect property for 1031 Exchange. Fully renovated in 2022. New roofs, windows, siding, electrical, plumbing, appliances, disposals, water heaters, counter tops and flooring. Duplex plus 9 cottages. Onsite parking and laundry. Central location. Cottages provide tenants with independent living opportunity. Fully occupied. Be sure to capture 100% Bonus Depreciation.

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-10-31

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2401-2429 NW Highway 101

Lincoln City, OR 97367

• 1031 Exchange Property
• Retail for Sale
• $11,479,330 CAD
• 29,534 SF

• Air Conditioning
• Security System

Lincoln City Retail for Sale

Kidder Mathews is pleased to exclusively present the opportunity to acquire a multitenant shopping center anchored by Grocery Outlet, located at 2401-2429 NW US 101, Lincoln City, Oregon 97367. The property features a ±29,534-square-foot retail center with Grocery Outlet occupying approximately 50% of the total gross leasable area under a 15-year corporate-guaranteed NNN lease. The balance of the center is leased to seasoned tenants, including H&R Block, Lincoln County Board of Realtors, Lincoln City Liquor Outlet, and Papa Murphy Pizza, among others. The center features a stable tenant mix, with 85% of the GLA leased to national and regional credit tenants, ensuring reliable income and reduced investment risk. The Grocery Outlet lease includes five (5) five year renewal options with 8.5% rent increases every five years, supporting long-term income growth and investment stability. With shop tenants paying well below market rents, the asset offers significant upside to an investor through future rent adjustments or re-tenanting. For an investor seeking rent roll stability from a credit-anchored lease along with strong NOI growth potential, Lincoln City Grocery Outlet anchored center represent a rare investment opportunity combining low risk and high reward. Grocery Outlet (NASDAQ: GO) is a publicly traded company operating over 500 locations nationwide, generating more than $4 billion in annual revenue. In 2024, the company relocated to this site from a nearby store just one mile away, demonstrating their long-term commitment to the market. Situated on approximately 1.6 acres at a signalized intersection of US 101 and 25th Street, this is a prime coastal location in Lincoln City’s dominant retail corridor and one of the most traveled tourism routes in the Pacific Northwest—attracting more than 30 million visitors annually. Nearby national retailers include Safeway, Walgreens, Starbucks, Rite Aid, McDonald’s, Wells Fargo, and Chevron, forming a synergistic and high-traffic retail environment. The center also benefits from regional proximity to key metro areas: • ±2.1 hours to Portland • ±2.5 hours to Eugene • ±1.1 hours to Salem This is a 1031-exchange-ready asset that offers the ideal combination of long-term stability, credit tenancy, rental upside, and a prime location

Contact:

Kidder Mathews

Date on Market:

2025-09-03

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1348 12th St

Salem, OR 97302

• 1031 Exchange Property
• Multifamily for Sale
• $2,390,725 CAD
• 5,528 SF

• Kitchen

Salem Multifamily for Sale - Marion County

This 10-unit complex was completely renovated in 2017. 100% occupied & attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032. Two minutes from Willamette University and just five minutes from Salem Center Mall and Salem's vibrant down-town district. Property Renovations include: • New 30-year roof & new gutters installed • All new double pane energy efficient windows & blinds installed • All new siding installed • All new insulation, drywall and paint • All new energy efficient appliances installed • All new efficiency faucets and toilets installed • All new fixtures installed • All new doors & locks installed • All new cabinetry & counter tops installed • All new vinyl and carpet flooring installed • All new tubs and bathroom sinks installed • All new plumbing installed • All new electrical installed • Property is located in an Opportunity Zone • Community courtyard & open space • 10 onsite parking spaces and street side parking • Coin operated laundry facilities

Contact:

Omnivest LLC, Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-25

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729 NE 3rd St

Mcminnville, OR 97128

• 1031 Exchange Property
• Retail for Sale
• $2,742,666 CAD
• 4,000 SF

• Air Conditioning
• Security System
• Restaurant

Mcminnville Retail for Sale - Yamhill County

Opportunity awaits in quaint McMinnville, Oregon, the heart of Willamette Valley wine country. A classic french bistro with established local clientele, and state-wide reach sits on McMinnville's coveted Third Street, spearheading the Downtown's popular food and beverage scene. Open five days a week, the Bistro is largely reservation-only due to high demand and consistent repeat clientele. The Willamette Valley's growing tourism industry provides a healthy boost of out-of-state visitors, eager to explore local wineries and fine-dine. The 4,600 SF. building offers space for 45 indoor guests, an additional 50 outdoor guests, and a large private hall upstairs. The kitchen boasts high-end appliances throughout, multiple prep areas, a walk-in refrigerator and freezer, a coffee station, and ample storage. You will also enjoy a 700-bottle, temperature-controlled wine room, a large office, more exterior storage, and abundant employee/owner parking. A residential living space attached to the restaurant also offers three spacious bedrooms, an updated full bathroom, and a living area. This is ideal for an owner-operator. Please contact Zach Bernards for more information regarding included inventory, assets, and financials (with proper vetting).

Contact:

WILLCUTS COMPANY REAL ESTATE

Property Subtype:

Restaurant

Date on Market:

2025-03-28

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Black Rock Coffee Bar Keizer - 4560 River Rd N

Keizer, OR 97303

• 1031 Exchange Property
• Retail for Sale
• $1,340,401 CAD
• 462 SF

Keizer Retail for Sale - Marion County

Excellent absolute NET investment opportunity with an established multi state credit tenant. The subject property is leased to Black Rock Coffee Bar Corporate on a 10-year term that commenced in August 2021 that includes two 5 year options to extend. Current rent is $4,967.16/Mo and increases by 2.5% every August. This location was established in 2018 and has a great track record of performance. The site is a .24 AC corner lot with a 462 SQFT Building was completed in October of 2018. This location is along River Road N and Dietz Avenue NE with frontage along River Road N, which is a well-traveled arterial. The subject improvements are in good condition and are of good quality. Listing Agent is a member of the selling entity.

Contact:

eXp Realty, LLC

Property Subtype:

Restaurant

Date on Market:

2024-11-23

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Waterfront lot in Newport - 837 SW Bay Blvd

Newport, OR 97365

• 1031 Exchange Property
• Land for Sale
• $479,795 CAD
• 0.20 AC Lot

Newport Land for Sale

Single waterfront property with prime real estate location! This property is located on Newport's historic Bayfront. Take in the amazing views of the Yaquina bay, Yaquina bridge, and Pacific ocean. High foot traffic area with restaurants, shopping, entertainment, galleries, and so much more! Adjacent lot for sale as well. See MLS 24-2009. This lot cannot sell prior to adjacent tax lots 2200 and 2301. Seller reserves the right to approve buyer's intended use of property.

Contact:

Taylor & Taylor Realty Co.

Property Subtype:

Commercial

Date on Market:

2024-06-18

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PetSmart - 2925 Lancaster Dr NE

Salem, OR 97305

• 1031 Exchange Property
• Retail for Sale
• $7,199,671 CAD
• 25,021 SF

Salem Retail for Sale - Marion County

BREAKING NEWS: MAJOR PRICE REDUCTION OF $743,000. SELLER HAS AUTHORIZED A 6% CAP PRICE OF $5,237,000 with the NOI @ $314,222/YEAR. PetSmart, Inc. is the largest specialty pet retailer of services and solutions for the lifetime needs of pets. They operate more than 1,650 stores across the United States, Canada and Puerto Rico. They have a revenues of approximately $10 Billion in 2024 and Forbes ranked PetSmart as the 53rd largest private company in the United States. PetSmart has two (2) additional five year option periods after June 30, 2030 in their current NNN Lease. The current Lease expires on June 30, 2030. To date, PetSmart has operated in excess of 23 years at this location.

Contact:

Ruggles Commercial Realty

Property Subtype:

Freestanding

Date on Market:

2024-01-29

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Flat 68 Ac South of Amazon on UP Main Line - Wipper Rd

Salem, OR 97309

• 1031 Exchange Property
• Land for Sale
• 68 AC Lot

Salem Land for Sale - Marion County

One of Premier Interstate-5 Corridor Industrial Sites. Access to North/South Main Line of Union Pacific Railroad. The State of Oregon Strategic Investment Program can offer a significant 15-year property-tax exemption for amounts invested over $25 million in Town of Turner. This is the Central Site of Turner Energy Center Facility's Siting Draft Proposed Order for a Previously Proposed Combined-Cycle 650 MW Energy Generating Facility. ATTACHED-Extensive Site Engineering Data Available along with 308 page Siting Draft. Turner Is a Small Community with a great Grade School, Downtown Eateries and, new lakefront residential/recreation development. Access just 2.6 miles East from a full Interstate-5 Interchange which is coupled with Direct Access to Salem's SE Commercial Street allowing Convenient access to a wide range of Goods and Services. Also Eastern Oregon can be accessed by a full Route 22 Interchange, 4.3 Miles to the North. The Site is located a few miles South of the Newly constructed Amazon Fulfillment Center and FedEx Ground. Small town atmosphere with new lakefront apartments and single family lakefront homes. Downtown Village also has expanding food and brewery offerings yet only 3 miles from all the conveniences of Commercial Street and directly accessible to Downtown Salem. Offered by Owner/Broker. Price Upon Request.

Contact:

R.A. Baranzano Company

Property Subtype:

Industrial

Date on Market:

2019-06-14

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