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2390 Fairgrounds Rd Ne, Salem, OR 97301

$675,000
  • 2390 Fairgrounds Rd Ne, Salem, OR 97301 Main Photo

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Listing Courtesy of: COLDWELL BNKR/COMMERCIAL DIV
Agency Contact: 503-587-4777
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SQUARE FEET4,068 MLS#829065
STATUS PROPERTY TYPECommercial - Business

Property Description

Investment Opportunity! Recently renovated building with vaulted ceilings and an openconcept. Currently leased to a marajunia retailer through August 31, 2026 with two (2)Five (5) year options. Lease is NNN, Landlord is currently grossing $49,200 in annualrent. Tenant has stated they are willing to extend for another 5 year term. Conveniently situated just a short distance from Interstate 5, the property offers easyaccess 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.

Property Features

Property Type: Commercial - Business
Lot Size: 0.36 Acres
Year Built: 1928

Feature Descriptions

Days on Site: 320
Lot Dimensions: 0.36 Acre(s)
Price Per Square Foot: 165.93

Listed By / Shown By

Listed By

Agency Name: COLDWELL BNKR/COMMERCIAL DIV
Agency Contact: 503-587-4777

Shown By

Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222

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