Prepared by https://www.commercialmls.com
3695 Devonshire Ave NE Salem OR 97305
Listing #: 710644 | Status: Available | Last Modified: 3/30/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 7.05 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| # of Units | 0 |
| Total Building SF | 55,150 SF |
| Net Rentable Area | 0 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 231,739 SF |
| Acres | 5.32 |
| Construction Type | Framed |
| Property Type | |
|---|---|
| Property Type | Retail |
| Location | |
|---|---|
| County | Marion |
| Market Area | Not Assigned |
| Tax ID # | 072W18BC00500 |
| Zoning | CR |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 0 |
| Total Parking Spots | 0 |
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
Mega Foods Salem
3695 Devonshire Ave NE Salem OR 97305
Listing #: 710644 | Status: Available | Listing Date: 3/25/2026 | Last Modified: 3/30/2026 | Email Listing


