3695 Devonshire Ave NE
Salem OR 97305

Mega Foods Salem

3695 Devonshire Ave NE Salem OR 97305

Listing #: 710644 | Status: Available | Last Modified: 3/30/2026 |

For Sale
Sean Tufts
  • Phone:(206) 693-3352
  • Email:seantufts@northmarq.com
  • Office Name:Northmarq Commercial, LLC
  • Office Phone:(206) 693-2239
  • Office Website:
Kevin Adatto
Joe Dugoni
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 8,460,000.0
  • $/SF$ 153.4
  • Listing StatusAvailable
  • Days on Market39
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 7.05 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units0
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF55150
  • Net Rentable Area0
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF231739
  • Acres5.32
Property Type
  • Property TypeRetail
  • Office Type
  • Building Class
Location
  • CountyMarion
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #072W18BC00500
  • Additional Parcels
  • ZoningCR
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeFramed

Mega Foods

Public Comments

Mega Foods offers the opportunity to acquire a stable grocery tenant with more than thirty years of continuous operation at this Salem location. The tenant has occupied the site since the building was constructed in 1992 and continues to serve a loyal customer base drawn from the broader Lancaster Drive corridor. Unlike the national operators positioned closer to Interstate 5 or Silverton Road, Mega Foods fills a significant convenience gap for nearby households that rely on accessible pricing and everyday essentials. Comparative to Walmart, Mega Foods is value oriented but more specialized with weekly ad-driven traffic and an international assortment that supports durable repeat demand. The 55,150 square foot building sits on a large, approx. 5.35 AC parcel with excellent visibility off F

Listing Images