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$1,600,000
839767 MLS
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

$1,500,000
6 Beds 9 Baths 832944 MLS
Motivated Seller Luxury living meets rare opportunity—with four distinct living areas spanning over 5,000 sq ft, highlighted by heated travertine floors, rich woodwork, granite finishes, gas fireplaces, and a tranquil courtyard with koi pond. Originally built in 1904 and thoughtfully expanded beginning in 2012, this gated estate blends timeless craftsmanship with modern upgrades. The main home includes multiple living areas, while a separate 1,500 sq ft caretaker’s home offers its own kitchen, bedrooms, and living space. A guest suite and additional quarters add even more flexibility—perfect for multi-generational living, rental income, or extended guests.Commercial amenities include a 2,100 sq ft shop with storefront and half bath, a 960 sq ft rear shop, mill house, and loft. The property also offers a 4-car garage, carport, and RV hookups, with the driveway engineered to handle heavy trucks.Zoned General Industrial with a grandfathered residence, this unicorn property offers both luxury living and business potential, with projected rental income of approx. $10,000/month when fully leased. Too much to list here—contact the Listing Agent for a full property report with detailed specs and approved uses.

3795 Blossom Dr Ne, Salem

Listing Courtesy of EXP REALTY, LLC. Cell: 503-428-1741

$1,499,000
4 Beds 4 Baths 841388 MLS
Located in Chinook Estates, one of Salem’s premier acreage communities, this exceptional property offers privacy, space, & panoramic views. Perfectly sited to capture the scenery from both interior and exterior living spaces, the home features a spacious open floor plan with timeless design. Remodeled with refined finishes, the chef’s kitchen is ideal for entertaining. Main-level primary suite allows effortless living. A separate carriage house provides additional parking, greenhouse & shop or hobby spaces. The carriage house also offers potential for conversion into a self-contained guest residence, creating flexibility for multigenerational living, guests, or work-from-home needs. An extraordinary setting that blends quality craftsmanship, thoughtful updates, and versatile spaces in one of Salem’s most desirable acreage neighborhoods.

2725 Kaloken Ct S, Salem

Listing Courtesy of RE/MAX INTEGRITY - SALEM. Cell: 503-931-8516

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