2390 Fairgrounds Rd, Salem, OR

Retail for Sale - $700,000 - 4,068 Sq. Ft.


Agent Info

Alex Rhoten

Property Info

CIMLS#1176253
Location
  2390 Fairgrounds Rd
  Salem OR 97301
UpdatedSeptember 22nd, 2026
TypeRetail
Price$700,000
Building4,068 Sq. Ft.

Property 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.


Financials



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