Retail Space
3514 Commercial Street Southeast Salem, OR 97302
Details & Description
Price: $1,400,000
    DescriptionThis is a rare opportunity to own of the most visible, highest traffic, service station sites in the mid-valley available summer of 2021.The current tenant is not renewing their lease which expires June 30, 2021. The convenience store measures 2092 SF and has a drive through in the back currently sublet to a coffee/pastry tenant who's term also expires June 30,2021. That tenant pays $1,700/m.The most recent tank inspection report, dated June, 2020 is available and show four (4), 10,000 gallon tanks with no issues. There is enough room on the site to relocate the store and expand the island and pumps or to add an accessory use like car wash.HighlightsOne of the highest traffic sites in Salem.Available July 1, 2021Surrounded by Fred Meyer, US Bank, Chase Bank and Burger KingPlease do not disturb the tenant.
    Property ID:    200209
    Property URL: melqr.com/200209
    Generated:    04-26-24
    Listing Agents
    Curt Arthur

    O: 503-588-4146
    M: 503-559-7990
    curt.arthur@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Oregon / Salem / 97302 / 3514 Commercial Street Southeast

    3514 Commercial Street Southeast

    Salem, OR 97302

    Listing ID: 200209
    Print Single-Page Version
    3514 Commercial Street Southeast Salem, OR 97302 | for Sale | Photo 1
    Building Size: 2,092 SF
    Lot Size: 0.750 AC
    Land Size: 32,670 SF
    Building $/SF: $669.22
    Land $/SF: $42.85
    Price
    $1,400,000
    Description

    Description

    This is a rare opportunity to own of the most visible, highest traffic, service station sites in the mid-valley available summer of 2021.

    The current tenant is not renewing their lease which expires June 30, 2021. The convenience store measures 2092 SF and has a drive through in the back currently sublet to a coffee/pastry tenant who's term also expires June 30,2021. That tenant pays $1,700/m.

    The most recent tank inspection report, dated June, 2020 is available and show four (4), 10,000 gallon tanks with no issues. There is enough room on the site to relocate the store and expand the island and pumps or to add an accessory use like car wash.

    Highlights

    One of the highest traffic sites in Salem.

    Available July 1, 2021

    Surrounded by Fred Meyer, US Bank, Chase Bank and Burger King

    Please do not disturb the tenant.

    Attachments & Files
    3514commercialsalebrochure-SRR-jCS.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Salem History of Retail Space for Sale

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    Salem Area Market Trends

    Listing Demographics for 3514 Commercial Street Southeast Salem, OR 97302

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,56479,333173,590
    Population Median Age403938
    Population by Age0-9 Yrs1614 (11%)8999 (11%)21286 (12%)
    10-19 Yrs1798 (12%)10845 (13%)24370 (14%)
    20-29 Yrs2048 (14%)11141 (14%)25605 (14%)
    30-39 Yrs2218 (15%)11634 (14%)24664 (14%)
    40-49 Yrs1774 (12%)9904 (12%)21459 (12%)
    50-59 Yrs1672 (11%)9146 (11%)19853 (11%)
    60-69 Yrs1761 (12%)9735 (12%)20215 (11%)
    70+ Yrs1680 (11%)7929 (9%)16138 (9%)
    Median HH Income$60,286$61,445$57,708
    Total Household Income< 24K1006 (16%)5600 (18%)11959 (19%)
    25-49K1528 (25%)7110 (23%)15627 (24%)
    50-74K1116 (18%)5696 (18%)11762 (18%)
    75-99K923 (15%)4168 (13%)8142 (13%)
    100-199K1265 (20%)6428 (21%)12600 (20%)
    200K+216 (3%)1379 (4%)2456 (3%)
    Highest Education LevelNo Diploma504377113977
    Diploma or GED20831220028102
    Some College27021443230943
    Assoc. Degree89147469876
    Bachelors Degree25611177219970
    Higher Degree1340701012449
    Total Housing Units6,48132,42966,773
    --Owner-Occupied3,06216,50334,219
    --Renter-Occupied2,99113,87928,328
    Owner-Occupied Values< 100K757622528
    100-199K73334138853
    200-299K1214637212224
    300-399K67035806011
    400-499K22114322455
    500K+1489452148
    Total Working Age Population11,98163,687137,798
    In Work Force7,87939,42685,270
    Not In Work Force4,10124,26052,528
    Workforce Employed7,37237,39780,536
    Workforce Unemployed4881,9344,625
    Civlian Workforce7,85939,33185,162
    Military Workforce2095109
    Total Households6,05430,38162,547
    Family Households3,51818,54439,373
    Non-Family Households2,53611,83723,174
    Married Couple2,67613,37327,998
    Other Family8425,17111,375
    Married w/Child1,0215,03311,290
    Single Male w/Child627171,723
    Single Female w/Child3392,3834,769

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oregon3,421,399+123,831,074+114,264,810+114,727,438
    Marion County284,834+11315,335+11350,125+11388,420
    Polk County62,380+2175,403+1385,012+1698,501

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3514 Commercial Street Southeast in Salem?
    The asking price for 3514 Commercial Street Southeast is $1,400,000
    What is the building size of this Retail property in Salem, OR?
    The size of the building/unit at 3514 Commercial Street Southeast in Salem is 2,092 square feet
    How much land does the Salem, OR property at 3514 Commercial Street Southeast include?
    3514 Commercial Street Southeast in Salem includes 0.750 acres of land
    What kind of Retail is the propery at 3514 Commercial Street Southeast?
    The property at 3514 Commercial Street Southeast Salem, OR 97302 is listed as a Gas/Convenience Retail property
    What is the population within 1 mile of 3514 Commercial Street Southeast in Salem?
    The population within 1 mile of 3514 Commercial Street Southeast Salem, OR 97302 is 14,564 people.
    Who do I contact for questions about 3514 Commercial Street Southeast?
    You should contact the listing agent, Curt Arthur, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    305 Liberty Street Northeast, Salem, OR $4,700,000 102500 0.88
    1120 Lancaster Drive Southeast, Salem, OR $14,000,000 119137 8.17
    3892 Center Street Northeast, Salem, OR $19,850,000 87069 7.46
    2908 Market Street Northeast, Salem, OR CALL 12000 3.9
    905 Main Street, Aumsville, OR $349,000 3720 0.33
    1629 Northeast Baker Street, McMinnville, OR CALL 3000 -
    2318 Portland Road, Newberg, OR $1,765,000 7495 0.9

    Closest Commercial Airports

    Airport Distance (mi)
    Portland International Airport (PDX) 52
    Seattle Tacoma International Airport (SEA) 179
    Boeing Field King County International Airport (BFI) 185
    Price
    $1,400,000
    Listing Agent
    Curt Arthur - CRE Agent at

    Curt Arthur

    SVN

    VIEW AGENT PROFILE

    CONTACT AGENT

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