Retail Investment Opportunity - Fairgrounds Rd

2390 Fairgrounds Rd NE, Salem, OR 97301

  • For Sale $700,000
  • Property Type Office - General Office
  • Property Size 4,068 SF
  • Units 1
  • Lot Size 0.1 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1928
  • Year Renovated 2020
  • Date Updated May 16, 2025
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.Investment Opportunity! Recently renovated building with vaulted ceilings and an open concept. 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 annual rent. Tenant has stated they are willing to extend for another 5 year term.
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Highlights

  • 100% occupancy
  • 4,068 SF building
  • Built in 1928
  • Located in Salem
  • Zoned MU1

Contacts

broker
Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable

  • Transit Score ®

    41/100 Some Transit

  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Higland
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    1.96 miles

  • Brooks Historical Society Depot

    6.69 miles

  • Hopmere Station

    6.78 miles

  • 76

    0.59 miles

  • Blink

    0.75 miles

  • ChargePoint

    0.86 miles

  • Shell

    0.96 miles

  • Arco

    1.05 miles

  • Pulse

    1.06 miles

  • Pacific Pride

    1.32 miles

  • Petrol Express

    1.47 miles

  • Electrify America

    1.56 miles

  • Fred Meyer Fuel

    1.57 miles

  • Market Street Park and Ride

    1.26 miles

  • Green Lot - Dept of Admin Services

    1.29 miles

  • Marion Parkade

    1.39 miles

  • WalMart North Park and Ride

    1.57 miles

  • Chemeketa Parkade

    1.61 miles

  • Riverfront Park (North Lot)

    1.69 miles

  • Liberty Square Parkade

    1.80 miles

  • Reserved Lot A

    1.84 miles

  • Riverfront Park (South Lot)

    1.89 miles

  • Visitor Parking

    1.91 miles

  • Motel 6

    0.71 miles

  • Traveler's Inn

    0.73 miles

  • Holiday Inn

    1.21 miles

  • Shilo Inn and Suites

    1.26 miles

  • DoubleTree

    1.38 miles

  • Capital Inn & Suites

    1.40 miles

  • Motel 6 Salem

    1.41 miles

  • Holiday Lodge Motel

    1.46 miles

  • Days Inn Black Bear

    1.51 miles

  • Knights Inn

    1.63 miles

  • Kuong Chan's

    0.06 miles

  • Daynight Donuts

    0.10 miles

  • Tony's Taco Shop

    0.66 miles

  • Teriyaki Bento

    0.66 miles

  • Breakfast & Burgers

    0.79 miles

  • Slangers

    0.80 miles

  • Don Froylan Creamery

    0.84 miles

  • China Gourmet

    0.85 miles

  • Better Than Mamma's

    0.86 miles

  • Casa Rojas Mexican Restaurant

    0.87 miles

  • Saint Vincent de Paul Catholic School

    0.24 miles

  • Oregon School for the Deaf

    0.48 miles

  • Highland Elementary School

    0.58 miles

  • Grant Community School

    0.79 miles

  • Waldo Middle School

    0.87 miles

  • Washington Elementary School

    0.92 miles

  • Englewood Elementary School

    0.95 miles

  • Parish Middle School

    1.03 miles

  • North Salem High School

    1.19 miles

  • Hoover Elementary School

    1.40 miles

  • Little Friends Montessori School

    1.56 miles

  • Wallace Learning Center

    1.81 miles

  • Little Village Learning Center

    1.95 miles

  • East Salem Headstart (pre-school)

    2.21 miles

  • Kuebler Early Learning Center

    5.44 miles

Frequently Asked Questions

How much does Retail Investment Opportunity - Fairgrounds Rd cost?

The space currently listed for sale at Retail Investment Opportunity - Fairgrounds Rd asks for $700,000.

What is the total square footage of Retail Investment Opportunity - Fairgrounds Rd?

Retail Investment Opportunity - Fairgrounds Rd totals 4,068 square feet.

When was this property built?

Retail Investment Opportunity - Fairgrounds Rd was built in 1928.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

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