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About the Listing REPD01 - MAYERHAR
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 38
- Zoning: MU-III
- Roof: Flat
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Off Street,Paved
Financial Details
- Tax Amount: $27,233
- Taxes w/Assessments: N/A
- Tax/Property ID: 330720
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1130 Royvonne Ave Salem, OR 97302
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