- For Sale $700,000
- Property Type Other
- Property Size 4,068 SF
- Lot Size 0.36 Acre
- Year Built 1928
- Year Renovated 2020
- Date Updated Sep 28, 2026
Description
Investment Opportunity! Recently renovated building with vaulted ceilings and an
open 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 for
commuters and visitors. Additionally, the property is only a few minutes away from
downtown Salem, ensuring proximity to the city's bustling commercial and cultural hub.
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Contacts
Alex Rhoten
Coldwell Banker Commercial Mountain West Real Estate
Kelsi Sands
Coldwell Banker Commercial Mountain West Real Estate
Location
Located at 2390 Fairgrounds Rd NE, Salem, OR 97301, this property is part of the Higland neighborhood and Eugene market.
Contact 2390 Fairgrounds Rd NE