2390 Fairgrounds Rd
$700,000
2390 Fairgrounds Rd Salem, OR 97301
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About this listing
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.
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Year Built
1928
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Zoning
MU1
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Year Last Renovated
2020
