2390 Fairgrounds Rd, Salem, OR

Retail for Sale - $700,000


Agent Info

Kelsi Sands
Coldwell Banker Commercial Mountain West Real Estate

Property Info

CIMLS#1176253
Location
  2390 Fairgrounds Rd
  Salem OR 97301
UpdatedMay 24th, 2025
TypeRetail
Price$700,000

Property Description

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.

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.


Financials



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