Overview
- 6822 Sqft
- 2007
- Commercial, Commercial Sale
- 205055187
- 0.91 Acres
- Real Estate PDX.com
- Harlan Mayer
Description
Highlands Gardens Retail Center is a retail investment opportunity located at 1120-1130 Royvonne Ave SE in Salem, OR. Our one vacant unit is ready to go as a convenient mart with some excellent equipment included. This property features a strong tenant mix with long-term lease potential and built-in stability. One large vacancy provides upside opportunity for additional income. The property is located in a thriving retail area with strong traffic and growth in the growing Salem corridor. The NNN lease structure helps offset operating expenses and protects returns.MU-III Zoning: The purpose of the Mixed Use-III (MU-III) zone is to identify allowed uses and establish development standards that encourage infill development and redevelopment in mixed-use corridors and centers and promote pedestrian access. The MU-III zone generally allows a variety of retail and office uses, commercial services, and multiple family residential uses.
Details
Updated on September 8, 2026 at 11:47 pm-
MLS# 205055187
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Price $1,725,000
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Property Size 6822 Sqft
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Land Area 0.91 Acres
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Garage Size x x
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Year Built 2007
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Property Type Commercial, Commercial Sale
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Property Status Active
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Office Name Real Estate PDX.com
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Agent Name Harlan Mayer
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Office Phone 503-288-3979
Additional details
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Listing Terms Cash, Conventional
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Roof Flat
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Sewer Public Sewer
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Heating Forced Air
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County Marion
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Property Type Commercial Sale
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Parking Off Street, Paved
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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