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

2390 Fairgrounds Rd NE NE Salem, OR 97301

4,068 SqFt

UPDATED:

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 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.

Location

State OR

County Marion

Area 20 Central Salem

Building

New Construction No

Willamette Valley MLS (WVMLS)
agent

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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2390 Fairgrounds Rd NE NE

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