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Mega Foods Salem

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Mega Foods Salem

3695 Devonshire Ave NE, Salem, OR 97305
Retail For Sale Available 1 floors Zoning: CR
Asking Price
$8,460,000
Total Building55,150 SF
Available55,150 SF avail
Land231,739 SF land
ConstructionFramed
MarketNot Assigned
CountyMarion

Read Overview
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Overview

Property ID
306566
Listing ID
710644
Type
Retail
Asset Class
Retail
Zoning
CR

Description

Mega Foods offers the opportunity to acquire a stable grocery tenant with more than thirty years ofcontinuous operation at this Salem location. The tenant has occupied the site since the building wasconstructed in 1992 and continues to serve a loyal customer base drawn from the broader LancasterDrive corridor. Unlike the national operators positioned closer to Interstate 5 or Silverton Road, MegaFoods fills a significant convenience gap for nearby households that rely on accessible pricing andeveryday essentials. Comparative to Walmart, Mega Foods is value oriented but more specializedwith 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 offF

Listing Courtesy of:

ST
Sean Tufts
Northmarq Commercial, LLC
130 Nickerson Street, Ste 211,
Seattle, WA 98109
State: OR City: Salem ZIP: 97305 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.