The Original Pancake House

4685 Portland Rd NE, Salem, OR 97305

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Property Information

  • For Sale $2,100,000
  • Property Type Retail - Street Retail
  • Property Size 3,816 SF
  • Units 1
  • Lot Size 0.73 Acre
  • Year Built 1993
  • Date Updated Nov 12, 2026

Description

Located just off Interstate 5, this location also has deeded rights to access and park on the adjacent 6.9 acres. Please contact the listing agent for more details about planned area development that could greatly enhance this asset.Single-Tenant NNN Leased Retail Investment ± 3,816 SF on ± 0.73 Ac | $2,100,000

Highlights

  • Lease running through early 2033 with a percentage rent clause
  • Two (2), 5-year options to renew
  • Very strong, multi-store operator

Contacts

Location

Located at 4685 Portland Rd NE, Salem, OR 97305, this property is part of the Northgate neighborhood and Eugene market.

  • 52/100 Somewhat Walkable
  • 39/100 Some Transit
  • 70/100 Very Bikeable
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