- For Sale $2,500,000
- Property Type Retail
- Property Size 39,935 SF
- Lot Size 3.25 Acre
- Cap Rate % 8.99
- Zoning IC
- Year Built 1956
- Date Updated Apr 30, 2026
Description
Plaza Del Sol is located on Portland Rd NE in the City of Salem’s North Gateway Urban Renewal Area. This two-building property sits on approximately 3.25 acres on two tax parcels and totals approximately 39,935 SF, which is comprised of ≈20,445 SF of retail/office space in the main building, ≈10,100 SF of warehouse space in a separate warehouse building, and approximately 9,390 of covered lean-to storage area adjacent to the main building. The upper level of the main building (served by an elevator) has approximately 4,080 SF of office space. The main building is home to an array of local businesses with diverse uses and the warehouse building is comprised of two suites leased to an indoor soccer facility and a pallet fabricator. The property contains surplus land which is poised for additional improvements or outdoor storage as well as an tenant-occupied building pad.
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Contacts
First Commercial Real Estate
First Commercial Real Estate