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$1,600,000
This sale-leaseback retail opportunity in Salem features a reliable, passive income stream with long-term, stabilized tenant committed to the location and the business. El Ranchero is a very well-known high volume local business featuring on-site food & beverage, as well as abundant grocery, deli, and retail selections.Pricing offers a 7% CAP rate with NNN structure, 10-year term with options, and flexible lease terms. Tenant will assume responsibility for all on-site maintenance. The business has been there since 2019, anchored by Dollar Tree on a strategic, high-traffic commercial location. The property offers a blend of capital appreciation and immediate risk-adjusted returns for any investor.Updated financials and OM coming soon.Text / Call LA with questions.

2615 Lancaster Dr Ne, Salem

Listing Courtesy of JOHN L. SCOTT-SALEM. 541-514-1779

$969,900
4 Beds 4 Baths
Ask about the Rate Buydown Special! A private setting, memorable architecture, and 4.18 acres create a property that feels removed from the everyday while keeping Salem amenities within easy reach. Set behind a paved, gated drive, this Lindal Cedar home welcomes you with a soaring vaulted living area and dramatic two story wall of windows that brings abundant natural light into the heart of the home. Multiple living spaces provide flexibility for gathering, working, hobbies, and quiet retreat. The main level primary suite, added in 2008, features its own heating and cooling system, hand scraped Asian walnut flooring, heated travertine tile, river rock fireplace accents, walk through closet, and private ironwood deck wired for a hot tub. The remodeled kitchen offers custom quarter sawn oak cabinetry and granite counters, while hickory hardwood flooring adds warmth to the main level. Downstairs, a family room, custom library shelving, pellet stove, and generous storage expand the possibilities. Outdoor living includes multiple ironwood decks, patios, an electrified gazebo, motorized awning, and landscaped river rock details. Significant improvements include a 50 year composite roof and Carrier heating and cooling system. High speed internet adds convenience for today’s connected lifestyle. Approximately 10 minutes to Illahe Country Club, 15 minutes to Salem Golf Club, and minutes to Skyline Medical Center, with Schirle Elementary and Sprague High School assignments. Private acreage, quality improvements, and a location that keeps everyday destinations close. Rate Buydown Special: A 2/1 buydown can reduce the buyers effective interest rate by 2% during the first year and 1% during the second year, providing substantially lower initial monthly payments before returning to the note rate in year three. Call Mark if interested and you would like to know more about this property. Shown by appointment only.

6894 Prospect Ridge Rd S, Salem

Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES R E PROF. Cell: 503-983-4405

$1,075,000
7 Beds 6 Baths
A perfect blend of Elegance, Space and attention to detail. Expansive home with over 6,000 sq ft of thoughtfully designed space great for entertaining and daily living. This beautiful home features 8 bedrooms, 5.5 baths, amazing Theater room. Fm RM, Lv Rm, Bonus Rms, formal & informal dining. Storage spaces are plentiful throughout. Prime location in beautiful SE Salem. New Roof 2026. Sub Zero blt in Kit refrigerator, Dbl ovens, red oak wood floors, wood wrap wainscoting, crown molding, luxury carpet. Well thought-out plan with 2 Furnaces, 2 water heaters, Pantry storage and laundry shut. From the laundry room to the living room, you'll find room for everything. One bedroom is used as an office with blt-in shelves. Lovely plantation shutters. Sweet loft area makes an ideal reading nook. Outdoor sports court and private backyard. Additional storage area off garage. 3 car garage and RV Pad.

5425 Woodmill Dr Se, Salem

Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Direc: 503-851-6300

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.