2390 Fairgrounds Rd NE NE, Salem, OR 97301
2390 Fairgrounds Rd NE NE, Salem, OR 97301
2390 Fairgrounds Rd NE NE, Salem, OR 97301
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Listed by KELSI SANDS • COLDWELL BNKR/COMMERCIAL DIV • 503-587-4777
$700,000
Est. payment /mo
4,068 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,068 sqft

Price per Sqft $172

MLS Listing ID 829065

Year Built 1928

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Retail

Property Description

Investment Opportunity! Recently renovated building with vaulted ceilings and anopen concept. Currently leased to a marijuana retailer through August 31, 2031 with one (1) Five (5) year option remaining. Lease is NNN, Landlord is currently grossing $50,676 in annual rent. Conveniently situated just a short distance from Interstate 5, the property offers easy access to regional transportation routes, facilitating seamless connectivity forcommuters and visitors. Additionally, the property is only a few minutes away fromdowntown Salem, ensuring proximity to the city's bustling commercial and cultural hub.

Location

State OR

County Marion

Area 20 Central Salem

Building

New Construction No

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Willamette Valley MLS (WVMLS)

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Samantha Alley

Samantha Alley

+1(541) 918-5041

Listing Specialist and Principal Broker License ID: 941000189 | RE/MAX INTEGRITY

Listing Specialist and Principal Broker License ID: 941000189 | RE/MAX INTEGRITY

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