The Original Pancake House
$2,100,000
4685 Portland Rd NE, Salem, OR 97305
For Sale
Retail
Street Retail
Active
Last Updated: 11/12/2026
3,816 sqft
Building Size
0.73 acres
Lot Area
Details:
Building Size: 3,816 sqft
Lot Area: 0.73 acres
Units: 1
Year Built: 1993
Floors: 1
Highlights:
- Very strong, multi-store operator
- Lease running through early 2033 with a percentage rent clause
- Two (2), 5-year options to renew
Description:
Single-Tenant NNN Leased Retail Investment
± 3,816 SF on ± 0.73 Ac | $2,100,000
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.
Location
Gallery
