1130 Royvonne Ave, Salem, OR

$1,725,000

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6,822

Square feet

0.91

Acres

About 1130 Royvonne Ave

Highlands Gardens Retail Center is a retail investment opportunity located at 1120-1130 Royvonne Ave SE in Salem, OR. Our one vacant unit is ready to go as a convenient mart with some excellent equipment included. This property features a strong tenant mix with long-term lease potential and built-in stability. One large vacancy provides upside opportunity for additional income. The property is located in a thriving retail area with strong traffic and growth in the growing Salem corridor. The NNN lease structure helps offset operating expenses and protects returns.MU-III Zoning: The purpose of the Mixed Use-III (MU-III) zone is to identify allowed uses and establish development standards that encourage infill development and redevelopment in mixed-use corridors and centers and promote pedestrian access. The MU-III zone generally allows a variety of retail and office uses, commercial services, and multiple family residential uses.

Features of 1130 Royvonne Ave

MLS® # 205055187
Price $1,725,000
Bathrooms 0.00
Square Footage 6,822
Acres 0.91
Year Built 2007
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 1130 Royvonne Ave
Area 173 - Marion Co: Southeast Salem
City Salem
County Marion
State OR
Zip Code 97302

Amenities

Parking Spaces 38
Parking Off Street, Paved
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
# of Stories 1

Exterior

Roof Flat

Additional Information

Date Listed September 8th, 2026
Days on Market 14
Zoning MU-III
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealEstatePDX.com

Listing Map

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